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Fed Likely to Sidestep Trade War to Raise Rates on March 21

  • 12 Mar 2018
  • By Bluford Putnam
  • Topics: Economic Events, Interest Rates

The trade war that could stem from U.S. tariffs on steel and aluminum is unlikely to affect GDP, freeing the Fed to raise rates at its March 21 meeting.

Watch Video: http://www.cmegroup.com/education/featured-reports/fed-likely-to-sidestep-trade-war-to-raise-rates-on-march-21.html

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.

Futures Trading Levels

3-20-2018

Contract June 2018  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2809.33 7236.67 25446 1627.33 9350.00
Resistance 2 2782.92 7139.83 25215 1608.77 9035.00
Resistance 1 2750.08 7014.92 24923 1592.13 8730.00
Pivot 2723.67 6918.08 24692 1573.57 8415.00
Support 1 2690.83 6793.17 24400 1556.93 8110.00
Support 2 2664.42 6696.33 24169 1538.37 7795.00
Support 3 2631.58 6571.42 23877 1521.73 7490.00
Contract Apr. Gold May Silver May Crude Oil June  Bonds Mar.  Euro
Resistance 3 1334.1 16.52 63.63 145 21/32 1.2570
Resistance 2 1326.8 16.43 63.04 145  6/32 1.2508
Resistance 1 1321.9 16.37 62.64 144 24/32 1.2467
Pivot 1314.6 16.29 62.05 144  9/32 1.2405
Support 1 1309.7 16.23 61.65 143 27/32 1.2365
Support 2 1302.4 16.14 61.06 143 12/32 1.2303
Support 3 1297.5 16.08 60.66 142 30/32 1.2262
Contract May  Corn May Wheat May Beans May SoyMeal Apr. Nat Gas
Resistance 3 381.2 467.7 1042.67 382.30 2.77
Resistance 2 379.8 464.1 1038.33 377.40 2.74
Resistance 1 377.4 457.4 1030.42 368.00 2.70
Pivot 376.1 453.8 1026.08 363.10 2.67
Support 1 373.7 447.2 1018.2 353.7 2.6
Support 2 372.3 443.6 1013.83 348.80 2.60
Support 3 369.9 436.9 1005.92 339.40 2.56

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports - Tuesday, March 20th

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 here in 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 judgement in trading.

Tags: > > Posted in: Future Trading News  

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