Trading Levels & Reports for June 19th 2012

Jump to a section in this post:

1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday June 19, 2012

Hello Traders,

Hello Traders,

I am in and out of the office over the next few days, hence there will be no commentary or charts.

Be disciplined, be patient and trade well!

GOOD TRADING!

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index

Contract Sept. 2012 SP500 (big & Mini) Nasdaq100 (big & Mini) Dow Jones (big & Mini) Mini Russell Dollar Index
Resistance 3 1360.17 2653.33 12783 794.60 83.51
Resistance 2 1350.88 2623.67 12742 785.30 82.94
Resistance 1 1346.07 2607.33 12713 777.30 82.58
Pivot 1336.78 2577.67 12672 768.00 82.00
Support 1 1331.97 2561.33 12643 760.00 81.64
Support 2 1322.68 2531.67 12602 750.70 81.07
Support 3 1317.87 2515.33 12573 742.70 80.71

3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds

Contract Aug Gold Sept Euro Aug Crude  Oil Sept. Bonds
Resistance 3 1662.2 1.2901 89.00 152 17/32
Resistance 2 1646.7 1.2830 87.45 151 12/32
Resistance 1 1637.8 1.2709 85.47 150 21/32
Pivot 1622.3 1.2638 83.92 149 16/32
Support 1 1613.4 1.2517 81.94 148 25/32
Support 2 1597.9 1.2446 80.39 147 20/32
Support 3 1589.0 1.2325 78.41 146 29/32

4. Support & Resistance Levels for Corn, Wheat, Beans and Silver

Contract July Corn July Wheat July Beans July Silver
Resistance 3 628.0 637.3 1401.67 2983.3
Resistance 2 617.5 633.8 1398.08 2942.2
Resistance 1 608.5 632.0 1391.17 2905.8
Pivot 598.0 628.5 1387.58 2864.7
Support 1 589.0 626.8 1380.7 2828.3
Support 2 578.5 623.3 1377.08 2787.2
Support 3 569.5 621.5 1370.17 2750.8

 

5. Economic Reports

source:http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Tue

Jun 19

 Up Next 5:00am EUR
German ZEW Economic Sentiment
3.8
10.8
Up Next 5:00am EUR
ZEW Economic Sentiment
-5.7
-2.4
8:30am USD
Building Permits
0.73M
0.72M
8:30am USD
Housing Starts
0.72M
0.72M
Day 2 ALL
G20 Meetings

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading

Tags: > > Posted in: Future Trading News  

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