Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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 Wednesday May 30, 2012
Locating Accurate, Real-Time Support and Resistance Levels for Intraday Trading
Join us for a Webinar on May 30
Space is limited.
Join Greg Weitzman, president and founder of TheTradingZone.com for this educational webinar Market Profile and Volume Nodes, How to locate unique and accurate Support and resistance levels for your intraday trading.
Because Volume is what drives the markets!
In this hour presentation Greg will show you just how easy it is to use Volume based Market Profile in your own trading to locate these highly accurate levels.
As a bonus, all attendees will also get
1. A 30 day demo account from Cannon Trading with our live, advanced charting package
2. A7 day pass to the Live Trading Room
3. a substantial discount on membership at TheTradingZone.com
SEATS ARE LIMITED, SO DON’T MISS THIS SPECIAL FREE WEBINAR!
Risk: 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.
Title: Locating accurate, real-time support & resistance levels for intraday trading
Date: Wednesday, May 30, 2012
Time: 1:30 PM – 2:30 PM PDT
After registering you will receive a confirmation email containing information about joining the Webinar.
Required: Windows® 7, Vista, XP or 2003 Server
Required: Mac OS® X 10.5 or newer
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.
|Contract June 2012||SP500 (big & Mini)||Nasdaq100 (big & Mini)||Dow Jones (big & Mini)||Mini Russell||Dollar Index|
|Contract||Aug Gold||June Euro||July Crude Oil||June Bonds|
|Resistance 3||1615.2||1.2672||93.88||149 4/32|
|Resistance 2||1600.0||1.2623||93.04||148 22/32|
|Resistance 1||1578.4||1.2559||91.92||148 3/32|
|Support 1||1541.6||1.2446||89.96||147 2/32|
|Support 2||1526.4||1.2397||89.12||146 20/32|
|Support 3||1504.8||1.2333||88.00||146 1/32|
|Contract||July Corn||July Wheat||July Beans||July Silver|
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