{"id":11588,"date":"2016-08-30T12:36:44","date_gmt":"2016-08-30T20:36:44","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11588"},"modified":"2016-08-31T21:26:52","modified_gmt":"2016-09-01T05:26:52","slug":"behavior-markets-last-trading-day-month-8-31-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/behavior-markets-last-trading-day-month-8-31-2016\/","title":{"rendered":"Behavior of Markets Last Trading Day of the Month 8.31.2016"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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\n\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/p>\n

1. Market Commentary<\/a><\/strong>
\n2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5. Futures Economic Reports for Wednesday\u00a0August 31, 20<\/a><\/strong>16<\/strong><\/a><\/p>\n

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

Greetings!<\/p>\n

December bonds are now front month for those of you trading bonds, ten years etc.!<\/em><\/p>\n

December silver and December gold are also the front month!<\/p>\n

Tomorrow is the last trading day of the month. Certain markets will experience certain trading behavior on the last trading day of the month.<\/p>\n

Bonds are known to make some sharp moves right around 1:30 Central time ( 30 minutes before what used to be the pit close)<\/p>\n

Here is a bond chart from last month’s last trading day….Pay attention to the WIDE range during the whole day and the large moves in the last hour!
\n\"Bond<\/p>\n

Also tomorrow is Wednesday. Crude Oil numbers come out.<\/p>\n

Here is what Crude did last week….1 minute chart right before and after report came out…
\n\"Crude<\/p>\n

Keep a trading journal! Write notes.<\/p>\n

<\/p>\n

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

\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<\/a> Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n<\/div>\n

Futures Trading Levels<\/a><\/strong><\/p>\n

Levels for Trade Date of\u00a0 8.31.2016<\/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>\n2195.00<\/td>\n4835.33<\/td>\n18622<\/td>\n1257.73<\/td>\n96.91<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2188.25<\/td>\n4816.92<\/td>\n18568<\/td>\n1252.97<\/td>\n96.52<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2182.00<\/td>\n4796.58<\/td>\n18508<\/td>\n1249.43<\/td>\n96.29<\/td>\n<\/tr>\n
Pivot<\/td>\n2175.25<\/td>\n4778.17<\/td>\n18454<\/td>\n1244.67<\/td>\n95.90<\/td>\n<\/tr>\n
Support 1<\/td>\n2169.00<\/td>\n4757.83<\/td>\n18394<\/td>\n1241.13<\/td>\n95.67<\/td>\n<\/tr>\n
Support 2<\/td>\n2162.25<\/td>\n4739.42<\/td>\n18340<\/td>\n1236.37<\/td>\n95.28<\/td>\n<\/tr>\n
Support 3<\/td>\n2156.00<\/td>\n4719.08<\/td>\n18280<\/td>\n1232.83<\/td>\n95.05<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec. Gold<\/td>\nDec. Silver<\/td>\nOct. Crude Oil<\/td>\nDec. Bonds<\/td>\nSept. \u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1341.2<\/td>\n19.32<\/td>\n48.48<\/td>\n171 7\/32<\/td>\n1.1248<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1335.0<\/td>\n19.18<\/td>\n47.99<\/td>\n170 29\/32<\/td>\n1.1224<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1324.3<\/td>\n18.93<\/td>\n47.20<\/td>\n170 20\/32<\/td>\n1.1188<\/td>\n<\/tr>\n
Pivot<\/td>\n1318.1<\/td>\n18.79<\/td>\n46.71<\/td>\n170 10\/32<\/td>\n1.1164<\/td>\n<\/tr>\n
Support 1<\/td>\n1307.4<\/td>\n18.53<\/td>\n45.92<\/td>\n170 1\/32<\/td>\n1.1128<\/td>\n<\/tr>\n
Support 2<\/td>\n1301.2<\/td>\n18.39<\/td>\n45.43<\/td>\n169 23\/32<\/td>\n1.1104<\/td>\n<\/tr>\n
Support 3<\/td>\n1290.5<\/td>\n18.14<\/td>\n44.64<\/td>\n169 14\/32<\/td>\n1.1068<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec. Corn<\/td>\nDec. Wheat<\/td>\nNov. Beans<\/td>\nDec. SoyMeal<\/td>\nOct. Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n324.4<\/td>\n407.0<\/td>\n981.00<\/td>\n322.57<\/td>\n3.04<\/td>\n<\/tr>\n
Resistance 2<\/td>\n322.6<\/td>\n403.8<\/td>\n973.25<\/td>\n319.43<\/td>\n2.99<\/td>\n<\/tr>\n
Resistance 1<\/td>\n319.2<\/td>\n398.0<\/td>\n962.00<\/td>\n314.07<\/td>\n2.91<\/td>\n<\/tr>\n
Pivot<\/td>\n317.3<\/td>\n394.8<\/td>\n954.25<\/td>\n310.93<\/td>\n2.86<\/td>\n<\/tr>\n
Support 1<\/td>\n313.9<\/td>\n389.0<\/td>\n943.0<\/td>\n305.6<\/td>\n2.8<\/td>\n<\/tr>\n
Support 2<\/td>\n312.1<\/td>\n385.8<\/td>\n935.25<\/td>\n302.43<\/td>\n2.74<\/td>\n<\/tr>\n
Support 3<\/td>\n308.7<\/td>\n380.0<\/td>\n924.00<\/td>\n297.07<\/td>\n2.66<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

All times are Eastern time Zone (EST<\/a>)<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:10pm<\/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
WedAug 31<\/span><\/td>\n2:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Retail Sales m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.5%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n<\/td>\n\n
Nationwide HPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-0.1%<\/td>\n0.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:45am<\/td>\nEUR<\/td>\n<\/td>\n\n
French Consumer Spending m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.3%<\/td>\n-0.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
French Prelim CPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.4%<\/td>\n-0.4%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:55am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Unemployment Change<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-2K<\/td>\n-7K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Italian Monthly Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n11.5%<\/td>\n11.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
CPI Flash Estimate y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.3%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
Core CPI Flash Estimate y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.9%<\/td>\n0.9%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
Italian Prelim CPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.1%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n10.0%<\/td>\n10.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:15am<\/td>\nUSD<\/td>\n<\/td>\n\n
ADP Non-Farm Employment Change<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n173K<\/td>\n179K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:45am<\/td>\nUSD<\/td>\n<\/td>\n\n
Chicago PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n54.1<\/td>\n55.8<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
Pending Home Sales m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.7%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Crude Oil Inventories<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n1.1M<\/td>\n2.5M<\/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. Market Commentary 2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[999,16],"class_list":["post-11588","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-bond-charts","tag-futures-trading"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11588","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=11588"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11588\/revisions"}],"predecessor-version":[{"id":11592,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11588\/revisions\/11592"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=11588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=11588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=11588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}