{"id":11153,"date":"2016-04-12T12:09:36","date_gmt":"2016-04-12T20:09:36","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11153"},"modified":"2016-04-12T22:02:33","modified_gmt":"2016-04-13T06:02:33","slug":"levels-resistance-crude-oil-mini-sp-daily-chart-4-13-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/levels-resistance-crude-oil-mini-sp-daily-chart-4-13-2016\/","title":{"rendered":"Levels of Resistance on a Crude Oil & Mini S&P Daily Chart 4.13.2016"},"content":{"rendered":"

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1.\u00a0Market Commentary<\/a><\/strong>
\n2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Futures Economic Reports for Wednesday April 13, 20<\/strong><\/a><\/strong>16<\/strong><\/a><\/p>\n

Hello Traders,<\/strong><\/p>\n

For 2016 I would like to wish all of you discipline and patience in your trading!<\/em><\/p>\n

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Voted #1 futures trading blog!<\/a><\/p>\n<\/div>\n

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Greetings!<\/p>\n

If you must play, decide on three things at the start: the rules of the game, the stakes, and the quitting time…Chinese Proverb<\/p>\n

After a few days with very little reports (yet still some volatility in the markets) tomorrow we will have a few big reports including CPI, Beige Book and crude inventories.<\/p>\n

Two charts below for your review:\u00a0<\/i>Daily Crude Oil chart, where we are heading into a few levels of resistance:<\/p>\n

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\"Daily<\/p>\n

Daily mini SP chart, been in range for the last two weeks and need to either break 2071 or 2026:<\/p>\n<\/div>\n<\/div>\n

\"Daily<\/p>\n

Featured System of the Month ( including real-time performance):\u00a0<\/strong>Axiom Index II WFO NQ Trading System<\/a><\/strong><\/p>\n

GOOD TRADING<\/strong><\/p>\n

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Futures Trading Levels<\/a><\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract June 2016<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2094.50<\/td>\n4584.00<\/td>\n17929<\/td>\n1126.87<\/td>\n95.16<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2076.50<\/td>\n4540.75<\/td>\n17793<\/td>\n1115.73<\/td>\n94.77<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2065.25<\/td>\n4513.00<\/td>\n17710<\/td>\n1108.97<\/td>\n94.39<\/td>\n<\/tr>\n
Pivot<\/td>\n2047.25<\/td>\n4469.75<\/td>\n17574<\/td>\n1097.83<\/td>\n94.01<\/td>\n<\/tr>\n
Support 1<\/td>\n2036.00<\/td>\n4442.00<\/td>\n17491<\/td>\n1091.07<\/td>\n93.63<\/td>\n<\/tr>\n
Support 2<\/td>\n2018.00<\/td>\n4398.75<\/td>\n17355<\/td>\n1079.93<\/td>\n93.24<\/td>\n<\/tr>\n
Support 3<\/td>\n2006.75<\/td>\n4371.00<\/td>\n17272<\/td>\n1073.17<\/td>\n92.86<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJune Gold<\/td>\nMay Silver<\/td>\nMay Crude Oil<\/td>\nJune Bonds<\/td>\nJune \u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1275.6<\/td>\n16.78<\/td>\n44.94<\/td>\n167 10\/32<\/td>\n1.1594<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1270.2<\/td>\n16.51<\/td>\n43.60<\/td>\n166 24\/32<\/td>\n1.1540<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1263.9<\/td>\n16.35<\/td>\n42.78<\/td>\n166<\/td>\n1.1475<\/td>\n<\/tr>\n
Pivot<\/td>\n1258.5<\/td>\n16.08<\/td>\n41.44<\/td>\n165 14\/32<\/td>\n1.1421<\/td>\n<\/tr>\n
Support 1<\/td>\n1252.2<\/td>\n15.92<\/td>\n40.62<\/td>\n164 22\/32<\/td>\n1.1355<\/td>\n<\/tr>\n
Support 2<\/td>\n1246.8<\/td>\n15.65<\/td>\n39.28<\/td>\n164 4\/32<\/td>\n1.1301<\/td>\n<\/tr>\n
Support 3<\/td>\n1240.5<\/td>\n15.49<\/td>\n38.46<\/td>\n163 12\/32<\/td>\n1.1236<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nMay Corn<\/td>\nMay Wheat<\/td>\nMay Beans<\/td>\nMay SoyMeal<\/td>\nMay Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n375.3<\/td>\n468.0<\/td>\n954.08<\/td>\n294.30<\/td>\n2.17<\/td>\n<\/tr>\n
Resistance 2<\/td>\n370.4<\/td>\n462.5<\/td>\n945.92<\/td>\n290.10<\/td>\n2.10<\/td>\n<\/tr>\n
Resistance 1<\/td>\n366.6<\/td>\n457.5<\/td>\n941.08<\/td>\n287.60<\/td>\n2.06<\/td>\n<\/tr>\n
Pivot<\/td>\n361.7<\/td>\n452.0<\/td>\n932.92<\/td>\n283.40<\/td>\n1.99<\/td>\n<\/tr>\n
Support 1<\/td>\n357.8<\/td>\n447.0<\/td>\n928.1<\/td>\n280.9<\/td>\n2.0<\/td>\n<\/tr>\n
Support 2<\/td>\n352.9<\/td>\n441.5<\/td>\n919.92<\/td>\n276.70<\/td>\n1.88<\/td>\n<\/tr>\n
Support 3<\/td>\n349.1<\/td>\n436.5<\/td>\n915.08<\/td>\n274.20<\/td>\n1.84<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Economic Reports<\/strong><\/p>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST<\/a>)<\/h3>\n
<\/div>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:28pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/tr>\n
WedApr 13<\/td>\n<\/a>\u00a02:45am<\/td>\nEUR<\/td>\n<\/td>\nFrench Final CPI m\/m<\/td>\n<\/td>\n<\/td>\n0.7%<\/td>\n0.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:30am<\/td>\nGBP<\/td>\n<\/td>\nBOE Credit Conditions Survey<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nIndustrial Production m\/m<\/td>\n<\/td>\n<\/td>\n-0.6%<\/td>\n2.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nGBP<\/td>\n<\/td>\n30-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.21|2.1<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nCore Retail Sales m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nPPI m\/m<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n-0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nRetail Sales m\/m<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nCore PPI m\/m<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n0.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:30am<\/td>\nGBP<\/td>\n<\/td>\nCB Leading Index m\/m<\/td>\n<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nBusiness Inventories m\/m<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n1.0M<\/td>\n-4.9M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n1:01pm<\/td>\nUSD<\/td>\n<\/td>\n10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n1.90|2.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:00pm<\/td>\nUSD<\/td>\n<\/td>\nBeige Book<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n7:01pm<\/td>\nGBP<\/td>\n<\/td>\nRICS House Price Balance<\/td>\n<\/td>\n<\/td>\n50%<\/td>\n50%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by <\/span>Cannon Trading Inc<\/a>. 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.<\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1.\u00a0Market Commentary 2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Futures Economic Reports for Wednesday […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,61],"tags":[949,929,144],"class_list":["post-11153","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-futures-trading-2","tag-future-trading-news","tag-futures-trading-daily-support","tag-futures-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=11153"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11153\/revisions"}],"predecessor-version":[{"id":11157,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11153\/revisions\/11157"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=11153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=11153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=11153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}