{"id":11391,"date":"2016-06-22T12:07:40","date_gmt":"2016-06-22T20:07:40","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11391"},"modified":"2016-06-22T21:50:27","modified_gmt":"2016-06-23T05:50:27","slug":"brexit-may-create-extreme-volatility-6-23-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/brexit-may-create-extreme-volatility-6-23-2016\/","title":{"rendered":"BREXIT May Create Extreme Volatility 6.23.2016"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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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 Thursday June 23, 20<\/a><\/strong>16<\/strong><\/a><\/p>\n

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

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Much has been written about the vote in the UK to exit or stay with the European Union, “BREXIT”.<\/p>\n

The voting begins at 7AM (UK) and closes at 10PM (UK) on Thursday June 23.<\/p>\n

We expect this to create some extreme volatility in many markets for the next few days and encourage all of you to\u00a0 be aware and use conservative approach rather than aggressive approach.<\/p>\n

A quick article\/outlook with chart I wrote for Equities.com<\/p>\n

https:\/\/www.equities.com\/news\/the-million-dollar-question-the-british-pound-and-brexit<\/a><\/p>\n

While some of our platforms will maintain normal day trading margins, other platforms will require higher day trading margins over the next few days.<\/p>\n<\/div>\n

Most markets will require 100% of the overnight margins for day trading as well with some markets like currencies may even require 200%. This will not affect our clients trading with transactAT or Shogun at this time.<\/p>\n<\/div>\n

Feel free to call us at 800-454-9572 with any questions.<\/p>\n

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

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.<\/p>\n

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n<\/div>\n

Futures Trading Levels<\/a><\/strong>\u00a0<\/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 Sept. 2016<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2102.58<\/td>\n4464.67<\/td>\n17930<\/td>\n1167.23<\/td>\n94.85<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2096.92<\/td>\n4449.33<\/td>\n17878<\/td>\n1162.37<\/td>\n94.52<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2086.58<\/td>\n4421.67<\/td>\n17778<\/td>\n1153.03<\/td>\n94.17<\/td>\n<\/tr>\n
Pivot<\/td>\n2080.92<\/td>\n4406.33<\/td>\n17726<\/td>\n1148.17<\/td>\n93.84<\/td>\n<\/tr>\n
Support 1<\/td>\n2070.58<\/td>\n4378.67<\/td>\n17626<\/td>\n1138.83<\/td>\n93.49<\/td>\n<\/tr>\n
Support 2<\/td>\n2064.92<\/td>\n4363.33<\/td>\n17574<\/td>\n1133.97<\/td>\n93.16<\/td>\n<\/tr>\n
Support 3<\/td>\n2054.58<\/td>\n4335.67<\/td>\n17474<\/td>\n1124.63<\/td>\n92.81<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nAug. Gold<\/td>\nJuly Silver<\/td>\nAug. Crude Oil<\/td>\nSept. Bonds<\/td>\nSept. \u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1283.1<\/td>\n17.62<\/td>\n52.45<\/td>\n168 23\/32<\/td>\n1.1486<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1278.3<\/td>\n17.49<\/td>\n51.49<\/td>\n168 9\/32<\/td>\n1.1430<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1273.4<\/td>\n17.39<\/td>\n50.31<\/td>\n167 31\/32<\/td>\n1.1383<\/td>\n<\/tr>\n
Pivot<\/td>\n1268.6<\/td>\n17.26<\/td>\n49.35<\/td>\n167 17\/32<\/td>\n1.1327<\/td>\n<\/tr>\n
Support 1<\/td>\n1263.7<\/td>\n17.16<\/td>\n48.17<\/td>\n167 7\/32<\/td>\n1.1280<\/td>\n<\/tr>\n
Support 2<\/td>\n1258.9<\/td>\n17.03<\/td>\n47.21<\/td>\n166 25\/32<\/td>\n1.1224<\/td>\n<\/tr>\n
Support 3<\/td>\n1254.0<\/td>\n16.93<\/td>\n46.03<\/td>\n166 15\/32<\/td>\n1.1177<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJuly Corn<\/td>\nJuly Wheat<\/td>\nJuly Beans<\/td>\nJuly SoyMeal<\/td>\nJuly Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n406.5<\/td>\n470.3<\/td>\n1142.33<\/td>\n400.47<\/td>\n2.87<\/td>\n<\/tr>\n
Resistance 2<\/td>\n403.5<\/td>\n467.8<\/td>\n1132.92<\/td>\n398.13<\/td>\n2.82<\/td>\n<\/tr>\n
Resistance 1<\/td>\n398.3<\/td>\n463.3<\/td>\n1124.83<\/td>\n394.57<\/td>\n2.75<\/td>\n<\/tr>\n
Pivot<\/td>\n395.3<\/td>\n460.8<\/td>\n1115.42<\/td>\n392.23<\/td>\n2.70<\/td>\n<\/tr>\n
Support 1<\/td>\n390.0<\/td>\n456.3<\/td>\n1107.3<\/td>\n388.7<\/td>\n2.6<\/td>\n<\/tr>\n
Support 2<\/td>\n387.0<\/td>\n453.8<\/td>\n1097.92<\/td>\n386.33<\/td>\n2.58<\/td>\n<\/tr>\n
Support 3<\/td>\n381.8<\/td>\n449.3<\/td>\n1089.83<\/td>\n382.77<\/td>\n2.51<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

All times are Eastern time Zone (EST<\/a>)<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:44pm<\/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
ThuJun 23<\/span><\/td>\n<\/a>\u00a03:00am<\/span><\/td>\nEUR<\/td>\n<\/td>\n\n
French Flash Manufacturing PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n48.8<\/td>\n48.4<\/span><\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
French Flash Services PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n51.5<\/td>\n51.6<\/span><\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:30am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Flash Manufacturing PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n52.1<\/td>\n52.1<\/span><\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
German Flash Services PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n55.0<\/td>\n55.2<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Flash Manufacturing PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n51.4<\/td>\n51.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
Flash Services PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n53.2<\/td>\n53.3<\/span><\/td>\n<\/td>\n<\/tr>\n
<\/td>\nAll Day<\/td>\nGBP<\/td>\n<\/td>\n\n
EU Membership Vote<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\n\n
Long Term Refinancing Option<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n7.3B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Unemployment Claims<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n271K<\/td>\n277K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Belgian NBB Business Climate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-2.9<\/td>\n-2.8<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:45am<\/td>\nUSD<\/td>\n<\/td>\n\n
Flash Manufacturing PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n50.5<\/td>\n50.7<\/span><\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
New Home Sales<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n561K<\/td>\n619K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\n\n
CB Leading Index m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n0.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Natural Gas Storage<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n59B<\/td>\n69B<\/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 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.<\/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 Thursday […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,234],"tags":[972,970,971,144],"class_list":["post-11391","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-trading-guide","tag-brexit","tag-brexit-decision","tag-daily-support-resistance-levels","tag-futures-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11391","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=11391"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11391\/revisions"}],"predecessor-version":[{"id":11393,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11391\/revisions\/11393"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=11391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=11391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=11391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}