Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
FOMC later this week! Make sure to check section 3 of this newsletter for different economic reports that affect the market.
Earnings season is here, so pay attention and know when major earnings coming out if you are trading stock index futures.
Good source for earnings: http://finance.yahoo.com/calendar/earnings
On a different note, some interesting general info, tools and resources put together for your reading by our own brokers at:
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.
If you like Our Futures Trading Daily Support and Resistance Levels, Please share!
Levels for Trade Date of 05.02.2017
|Contract June 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||June Gold||May Silver||June Crude Oil||June Bonds||June Euro|
|Resistance 3||1286.0||17.67||49.93||154 17/32||1.0987|
|Resistance 2||1279.2||17.48||49.62||153 28/32||1.0968|
|Support 1||1251.0||16.71||48.47||151 15/32||1.0907|
|Support 2||1244.2||16.52||48.16||150 26/32||1.0888|
|Support 3||1233.5||16.23||47.74||149 30/32||1.0867|
|Contract||July Corn||July Wheat||July Beans||July SoyMeal||July Nat Gas|
Spanish Manufacturing PMI
Italian Manufacturing PMI
French Final Manufacturing PMI
German Final Manufacturing PMI
Final Manufacturing PMI
Italian Monthly Unemployment Rate
Total Vehicle Sales
Loan Officer Survey
BRC Shop Price Index y/y
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.