{"id":12160,"date":"2017-03-08T13:06:50","date_gmt":"2017-03-08T21:06:50","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=12160"},"modified":"2017-07-19T00:17:47","modified_gmt":"2017-07-19T08:17:47","slug":"ecb-rate-decision-rollover-notice-tomorrow-3-09-2017","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/ecb-rate-decision-rollover-notice-tomorrow-3-09-2017\/","title":{"rendered":"ECB Rate Decision + Rollover Notice Tomorrow! 3.09.2017"},"content":{"rendered":"

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Thursday, March 9th<\/p>\n

ECB Interest Rate Decision<\/p>\n

07:45 EDT\/12:45 GMT<\/p>\n

Expected to leave key rates unchanged<\/p>\n

– Maintain\u00a0Main Refinancing Rate at 0.00%
\n– Maintains Deposit Rate at -0.40%
\n– Maintain Marginal Lending Rates at 0.25%<\/p>\n

What the News Desk Says<\/a><\/p>\n

The ECB governing council will likely keep its policy steady this week despite a steady improvement on the inflation front (being dictated primarily by energy prices). Analysts noted that the Feb Advance CPI moved above the ECB target of ‘around 2%’ for the first time in four years, thus putting pressure on the ECB to reduce its stimulus. But the continued firming seen in headline inflation readings is not apt to budge ECB message for the time being because core inflation remains stubbornly low. As 2017 progresses, the stimulus debate at the ECB may shift as the threat of deflation recedes and inflation levels begin to look sustainable across the whole euro zone region in coming months.<\/p>\n

Analysis:
\n– Press conference\u00a0seen\u00a0to retain dovish bias on the back of political uncertainty
\n– ECB is likely to announce an extension of the TLTRO…\u00a0more<\/a><\/p>\n

Rollover Notice:<\/strong><\/p>\n

I personally will start trading the June mini SP this Friday but most traders will rollover tomorrow:<\/p>\n

Rollover Notice for Stock Index Futures<\/p>\n

Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones, the “Big” pit-traded S&P 500, etc., it is extremely important to remember that tomorrow, Thursday, March 9th, at 8:30 am CDT \u00a0Time is rollover day.<\/p>\n

Starting March 9th, the June 2016 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the June 2017 contract as of March 9th. Volume in the March 2017 contracts will begin to drop off until its expiration on\u00a0Friday\u00a0March 17th.<\/p>\n

The month code for June is M7.<\/p>\n

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.<\/p>\n

Please close any open March Currency positions by the close on Friday the 10th.<\/p>\n<\/div>\n

\n

<\/p>\n

GOOD TRADING<\/strong><\/p>\n<\/div>\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\u00a0Futures Trading<\/a>\u00a0Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n

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

Levels for Trade Date of 03.09.2017<\/p>\n<\/div>\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 March 2017<\/td>\n\u00a0SP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2384.67<\/td>\n5424.58<\/td>\n21056<\/td>\n1395.60<\/td>\n102.77<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2378.83<\/td>\n5400.92<\/td>\n21007<\/td>\n1389.10<\/td>\n102.48<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2371.17<\/td>\n5381.08<\/td>\n20936<\/td>\n1377.20<\/td>\n102.29<\/td>\n<\/tr>\n
Pivot<\/td>\n2365.33<\/td>\n5357.42<\/td>\n20887<\/td>\n1370.70<\/td>\n102.00<\/td>\n<\/tr>\n
Support 1<\/td>\n2357.67<\/td>\n5337.58<\/td>\n20816<\/td>\n1358.80<\/td>\n101.81<\/td>\n<\/tr>\n
Support 2<\/td>\n2351.83<\/td>\n5313.92<\/td>\n20767<\/td>\n1352.30<\/td>\n101.52<\/td>\n<\/tr>\n
Support 3<\/td>\n2344.17<\/td>\n5294.08<\/td>\n20696<\/td>\n1340.40<\/td>\n101.33<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nApr. Gold<\/td>\nMay Silver<\/td>\nApril Crude Oil<\/td>\nJune\u00a0 Bonds<\/td>\nMarch\u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1228.2<\/td>\n17.80<\/td>\n55.01<\/td>\n150 14\/32<\/td>\n1.0608<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1223.4<\/td>\n17.69<\/td>\n53.96<\/td>\n149 21\/32<\/td>\n1.0592<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1216.1<\/td>\n17.48<\/td>\n52.14<\/td>\n148 26\/32<\/td>\n1.0569<\/td>\n<\/tr>\n
Pivot<\/td>\n1211.3<\/td>\n17.36<\/td>\n51.09<\/td>\n148\u00a0 1\/32<\/td>\n1.0553<\/td>\n<\/tr>\n
Support 1<\/td>\n1204.0<\/td>\n17.15<\/td>\n49.27<\/td>\n147\u00a0 6\/32<\/td>\n1.0529<\/td>\n<\/tr>\n
Support 2<\/td>\n1199.2<\/td>\n17.04<\/td>\n48.22<\/td>\n146 13\/32<\/td>\n1.0513<\/td>\n<\/tr>\n
Support 3<\/td>\n1191.9<\/td>\n16.83<\/td>\n46.40<\/td>\n145 18\/32<\/td>\n1.0490<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nMay\u00a0 Corn<\/td>\nMay Wheat<\/td>\nMay Beans<\/td>\nMay SoyMeal<\/td>\nApril Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n379.6<\/td>\n462.3<\/td>\n1033.17<\/td>\n336.47<\/td>\n3.08<\/td>\n<\/tr>\n
Resistance 2<\/td>\n377.9<\/td>\n458.5<\/td>\n1029.58<\/td>\n334.43<\/td>\n3.01<\/td>\n<\/tr>\n
Resistance 1<\/td>\n375.1<\/td>\n452.8<\/td>\n1025.67<\/td>\n332.77<\/td>\n2.96<\/td>\n<\/tr>\n
Pivot<\/td>\n373.4<\/td>\n449.0<\/td>\n1022.08<\/td>\n330.73<\/td>\n2.90<\/td>\n<\/tr>\n
Support 1<\/td>\n370.6<\/td>\n443.3<\/td>\n1018.2<\/td>\n329.1<\/td>\n2.8<\/td>\n<\/tr>\n
Support 2<\/td>\n368.9<\/td>\n439.5<\/td>\n1014.58<\/td>\n327.03<\/td>\n2.78<\/td>\n<\/tr>\n
Support 3<\/td>\n366.1<\/td>\n433.8<\/td>\n1010.67<\/td>\n325.37<\/td>\n2.73<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/span><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:35pm<\/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
ThuMar 9<\/span><\/td>\n1:30am<\/td>\nEUR<\/td>\n<\/td>\n\n
French Final Non-Farm Payrolls q\/q<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.4%<\/td>\n0.4%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nDay 1<\/td>\nEUR<\/td>\n<\/td>\n\n
ECOFIN Meetings<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n7:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Challenger Job Cuts y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n-38.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n7:45am<\/td>\nEUR<\/td>\n<\/td>\n\n
Minimum Bid Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.00%<\/td>\n0.00%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nEUR<\/td>\n<\/td>\n\n
ECB Press Conference<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\n\n
Unemployment Claims<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n239K<\/td>\n223K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\n\n
Import Prices m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.1%<\/td>\n0.4%<\/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>\n-59B<\/td>\n7B<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. \u00a0\u00a0 ____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Thursday, March 9th ECB Interest Rate Decision 07:45 EDT\/12:45 GMT Expected to leave key rates unchanged – Maintain\u00a0Main Refinancing Rate at 0.00% – Maintains Deposit Rate at -0.40% – Maintain […]<\/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":[960,1103],"class_list":["post-12160","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-ecb-rate-decision","tag-rollover-notice-tomorrow"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12160","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=12160"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12160\/revisions"}],"predecessor-version":[{"id":12175,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12160\/revisions\/12175"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=12160"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=12160"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=12160"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}