{"id":11624,"date":"2016-09-12T12:36:02","date_gmt":"2016-09-12T20:36:02","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11624"},"modified":"2016-09-12T21:15:36","modified_gmt":"2016-09-13T05:15:36","slug":"big-volatility-stock-index-futures-last-two-days-levels-09-13-16","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/big-volatility-stock-index-futures-last-two-days-levels-09-13-16\/","title":{"rendered":"Big Volatility in Stock Index Futures Last Two Days – Levels for 09.13.16"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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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 Friday September 9, 20<\/a><\/strong>16<\/strong><\/a><\/p>\n

Greetings!<\/p>\n

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Front month for stock indices is December!!<\/p>\n

I looked for some news that may explain the large sell off Friday and almost the same level of bounce today….I saw a few things but must admit none made sense to me, so my clients who are “conspiracy theory believers” may have won this one…..<\/p>\n

I saw something about Fed officials speaking today “infused confidence back”, saw another thing that Friday was due to North Korea nuclear tests…yet another explanation spoke about rollover. Another news flash spoke about possibly removing some of the stocks from the financial segment of the SP500, specifically “good performing real estate stocks from the financial\/ banking sector…..not to mention the “9\/11” effect….and more and more etc. etc…..<\/p>\n

My guess is the FED once again too concerned with keeping stock market prices higher than the paying attention to the rest of the economy…..I feel that QE in general and other FED action created artificially higher stock market prices which will one day explode in a violent way. But that is a topic for a whole new discussion.<\/p>\n

Bottom line is I have no explanation but here is what the hourly and daily charts look like:<\/p>\n

DAILY<\/p>\n<\/div>\n<\/div>\n

\"S&P<\/div>\n<\/div>\n
<\/div>\n
Hourly<\/div>\n<\/div>\n
\"S&P<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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

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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 9.13.2016<\/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 Dec. 2016<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2227.33<\/td>\n4955.92<\/td>\n18863<\/td>\n1274.57<\/td>\n95.95<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2191.67<\/td>\n4862.33<\/td>\n18570<\/td>\n1253.03<\/td>\n95.70<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2171.58<\/td>\n4812.42<\/td>\n18407<\/td>\n1241.67<\/td>\n95.42<\/td>\n<\/tr>\n
Pivot<\/td>\n2135.92<\/td>\n4718.83<\/td>\n18114<\/td>\n1220.13<\/td>\n95.17<\/td>\n<\/tr>\n
Support 1<\/td>\n2115.83<\/td>\n4668.92<\/td>\n17951<\/td>\n1208.77<\/td>\n94.90<\/td>\n<\/tr>\n
Support 2<\/td>\n2080.17<\/td>\n4575.33<\/td>\n17658<\/td>\n1187.23<\/td>\n94.65<\/td>\n<\/tr>\n
Support 3<\/td>\n2060.08<\/td>\n4525.42<\/td>\n17495<\/td>\n1175.87<\/td>\n94.37<\/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>\n1345.9<\/td>\n19.85<\/td>\n48.61<\/td>\n167 31\/32<\/td>\n1.1328<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1339.8<\/td>\n19.55<\/td>\n47.56<\/td>\n167 18\/32<\/td>\n1.1301<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1335.4<\/td>\n19.37<\/td>\n46.82<\/td>\n167 5\/32<\/td>\n1.1268<\/td>\n<\/tr>\n
Pivot<\/td>\n1329.3<\/td>\n19.07<\/td>\n45.77<\/td>\n166 24\/32<\/td>\n1.1241<\/td>\n<\/tr>\n
Support 1<\/td>\n1324.9<\/td>\n18.89<\/td>\n45.03<\/td>\n166 11\/32<\/td>\n1.1208<\/td>\n<\/tr>\n
Support 2<\/td>\n1318.8<\/td>\n18.59<\/td>\n43.98<\/td>\n165 30\/32<\/td>\n1.1181<\/td>\n<\/tr>\n
Support 3<\/td>\n1314.4<\/td>\n18.41<\/td>\n43.24<\/td>\n165 17\/32<\/td>\n1.1148<\/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>\n351.1<\/td>\n420.8<\/td>\n1014.50<\/td>\n333.17<\/td>\n3.05<\/td>\n<\/tr>\n
Resistance 2<\/td>\n347.2<\/td>\n415.4<\/td>\n1002.25<\/td>\n327.23<\/td>\n2.98<\/td>\n<\/tr>\n
Resistance 1<\/td>\n343.3<\/td>\n412.3<\/td>\n983.25<\/td>\n319.57<\/td>\n2.94<\/td>\n<\/tr>\n
Pivot<\/td>\n339.4<\/td>\n406.9<\/td>\n971.00<\/td>\n313.63<\/td>\n2.88<\/td>\n<\/tr>\n
Support 1<\/td>\n335.6<\/td>\n403.8<\/td>\n952.0<\/td>\n306.0<\/td>\n2.8<\/td>\n<\/tr>\n
Support 2<\/td>\n331.7<\/td>\n398.4<\/td>\n939.75<\/td>\n300.03<\/td>\n2.78<\/td>\n<\/tr>\n
Support 3<\/td>\n327.8<\/td>\n395.3<\/td>\n920.75<\/td>\n292.37<\/td>\n2.73<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

All times are Eastern time Zone (EST<\/a>)<\/strong><\/p>\n\n\n\n
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Date<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/th>\n3:51pm<\/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
TueSep 13<\/td>\n\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Final CPI m\/m<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.0%<\/td>\n0.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
German WPI m\/m<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.1%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Italian Industrial Production m\/m<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n-0.4%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
ECB President Draghi Speaks<\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
German ZEW Economic Sentiment<\/div>\n<\/td>\n
<\/td>\n<\/td>\n2.8<\/td>\n0.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
ZEW Economic Sentiment<\/div>\n<\/td>\n
<\/td>\n<\/td>\n6.7<\/td>\n4.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\n\n
Employment Change q\/q<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n6:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
NFIB Small Business Index<\/div>\n<\/td>\n
<\/td>\n<\/td>\n94.9<\/td>\n94.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n1:01pm<\/td>\nUSD<\/td>\n<\/td>\n\n
30-y Bond Auction<\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n2.27|2.2<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:00pm<\/td>\nUSD<\/td>\n<\/td>\n\n
Federal Budget Balance<\/div>\n<\/td>\n
<\/td>\n<\/td>\n-98.0B<\/td>\n-112.8B<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\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":[67,61,235],"tags":[83,1007,1009,1008,127,876],"class_list":["post-11624","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-futures-trading-2","category-index-futures","tag-e-mini-sp-500","tag-e-mini-sp-500-daily-hourly-charts","tag-fed-watch","tag-sp-500-futures","tag-stock-index-futures","tag-volatility"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11624","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=11624"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11624\/revisions"}],"predecessor-version":[{"id":11629,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11624\/revisions\/11629"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=11624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=11624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=11624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}