{"id":12654,"date":"2017-06-27T12:06:58","date_gmt":"2017-06-27T20:06:58","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=12654"},"modified":"2017-06-29T02:20:52","modified_gmt":"2017-06-29T10:20:52","slug":"excellent-article-markets-back-testing-6-28-2017","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/excellent-article-markets-back-testing-6-28-2017\/","title":{"rendered":"Excellent article about the markets, back testing and more! 6.28.2017"},"content":{"rendered":"<div>\n<p><strong><em>____________________________________________________________<\/em><\/strong><\/p>\n<p><em><strong>Voted #1 Blog and #1 Brokerage Services on\u00a0<a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001jkmucr4B-eEbLTMkkAmudNRbD49xqdVQ4RQoc-K4-w-NhlM66_VicIQGXLnUfMY4JicM3TtkejJhdaKNvFAEmWt4vG5qywdBjxHiuaKT0lWPD2xHwEEyMD-jMqCcxvjHiVlOhJKq8v6L6kRlvi6j3_KlbfpYtqywZVRLSN3UPF6ubSCu4jrcgAhe_dSJkQgRLZwfg8PVa3c=&amp;c=dYWzRNaifHo4jYOFsiu6m0mrbgFwd5idCYU9YmWBDbb9G1uBYwC4Dg==&amp;ch=avvaMDdM0X8_wsNFqrmC36BYmWPC17VOlZm1KvUDjYPukbkx7lAEew==\" target=\"_blank\" rel=\"noopener\">TraderPlanet\u00a0<\/a>for 2016!!\u00a0<\/strong><\/em><\/p>\n<p><strong><em>_____________________________________________________________<\/em><\/strong><\/p>\n<\/div>\n<div class=\"ccFontUpdated\" align=\"left\">\n<p><strong>Excellent article for your &#8220;trading reading pleasure&#8230;.&#8221;<\/strong><\/p>\n<p><strong>This Time Really Is Different<\/strong><\/p>\n<p>Markets are constantly evolving based on our updated knowledge of the past.<\/p>\n<p>By Ben Carlson<\/p>\n<p>Sir John Templeton wrote &#8220;16 Rules for Investment Success&#8221; in 1993. The following is by far the most quoted passage:<\/p>\n<p><!--more--><\/p>\n<p>The investor who says, &#8216;This time is different,&#8217; when in fact it&#8217;s virtually a repeat of an earlier situation,\u00a0has uttered among the four most costly words in the annals of investing.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2017-06-26\/this-time-really-is-different\" target=\"_blank\" rel=\"noopener\">Read the full article<\/a><\/p>\n<\/div>\n<p><strong>Good Trading<\/strong><\/p>\n<div><\/div>\n<div>\n<p>Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 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<p><strong>Futures Trading Levels<\/strong><\/p>\n<p>6-28-2017<\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract September 2017<\/td>\n<td colspan=\"1\" rowspan=\"1\">\u00a0SP500<\/td>\n<td colspan=\"1\" rowspan=\"1\">Nasdaq100<\/td>\n<td colspan=\"1\" rowspan=\"1\">Dow Jones<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mini Russell<\/td>\n<td colspan=\"1\" rowspan=\"1\">Dollar Index<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2452.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">5861.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">21481<\/td>\n<td colspan=\"1\" rowspan=\"1\">1434.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">97.93<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2444.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">5822.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">21435<\/td>\n<td colspan=\"1\" rowspan=\"1\">1427.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">97.54<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2431.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">5748.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">21357<\/td>\n<td colspan=\"1\" rowspan=\"1\">1415.53<\/td>\n<td colspan=\"1\" rowspan=\"1\">96.82<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2424.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">5709.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">21311<\/td>\n<td colspan=\"1\" rowspan=\"1\">1408.87<\/td>\n<td colspan=\"1\" rowspan=\"1\">96.43<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2410.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">5634.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">21233<\/td>\n<td colspan=\"1\" rowspan=\"1\">1396.73<\/td>\n<td colspan=\"1\" rowspan=\"1\">95.71<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2403.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">5596.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">21187<\/td>\n<td colspan=\"1\" rowspan=\"1\">1390.07<\/td>\n<td colspan=\"1\" rowspan=\"1\">95.32<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2390.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">5521.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">21109<\/td>\n<td colspan=\"1\" rowspan=\"1\">1377.93<\/td>\n<td colspan=\"1\" rowspan=\"1\">94.60<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract<\/td>\n<td colspan=\"1\" rowspan=\"1\">August Gold<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Silver<\/td>\n<td colspan=\"1\" rowspan=\"1\">August Crude Oil<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept.\u00a0 Bonds<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept.\u00a0 Euro<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1266.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.97<\/td>\n<td colspan=\"1\" rowspan=\"1\">45.78<\/td>\n<td colspan=\"1\" rowspan=\"1\">158 23\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1626<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1260.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.85<\/td>\n<td colspan=\"1\" rowspan=\"1\">45.11<\/td>\n<td colspan=\"1\" rowspan=\"1\">157 30\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1513<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1254.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.74<\/td>\n<td colspan=\"1\" rowspan=\"1\">44.66<\/td>\n<td colspan=\"1\" rowspan=\"1\">156 24\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1454<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1248.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.62<\/td>\n<td colspan=\"1\" rowspan=\"1\">43.99<\/td>\n<td colspan=\"1\" rowspan=\"1\">155 31\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1342<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1242.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.51<\/td>\n<td colspan=\"1\" rowspan=\"1\">43.54<\/td>\n<td colspan=\"1\" rowspan=\"1\">154 25\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1283<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1236.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.39<\/td>\n<td colspan=\"1\" rowspan=\"1\">42.87<\/td>\n<td colspan=\"1\" rowspan=\"1\">154<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1170<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1230.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.28<\/td>\n<td colspan=\"1\" rowspan=\"1\">42.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">152 26\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1111<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract<\/td>\n<td colspan=\"1\" rowspan=\"1\">July\u00a0 Corn<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Wheat<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Beans<\/td>\n<td colspan=\"1\" rowspan=\"1\">July SoyMeal<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Nat Gas<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">367.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">464.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">924.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">298.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.13<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">365.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">460.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">921.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">297.27<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.11<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">362.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">457.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">916.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">295.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.08<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">360.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">453.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">913.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">294.57<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.06<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">357.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">449.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">908.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">292.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">355.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">445.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">905.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">291.87<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.02<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">352.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">441.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">900.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">290.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.99<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>Economic Reports, source:\u00a0<\/strong><\/p>\n<div>\n<p><strong><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001jkmucr4B-eEbLTMkkAmudNRbD49xqdVQ4RQoc-K4-w-NhlM66_VicG9vx5Ji41DVEg6rHaRa2AApLsDYA2t6zg9V2jVzGun39xw_6ANP5fXhbyg9xdPLcVh9tqwWhsx5Yx-dopLnEvl4nCzoHcuk4qKk2_6V9CIZOBxA0Ky4XDRCpF8DB2dVAR3NEqwEyEM4MI3AKWBwCuwXUSxA5FKct5Tm7VwLPUnkBzIif1OQQBUWDQt-kRx5eDRpXiX3H9Tvx6Esnyf8hO_CJultsdi34wj70A3Z4iCUFogJbAHwk0MFbe9-8mqQs6rlNhtFZUyR11XWLT8YVjXd-wI449tXjg==&amp;c=dYWzRNaifHo4jYOFsiu6m0mrbgFwd5idCYU9YmWBDbb9G1uBYwC4Dg==&amp;ch=avvaMDdM0X8_wsNFqrmC36BYmWPC17VOlZm1KvUDjYPukbkx7lAEew==\" target=\"_blank\" rel=\"noopener\">http:\/\/app.bettertrader.co<\/a>\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/4e59e355-b237-4703-a96b-4abca3ddfbcb.png\" alt=\"\" title=\"\"><\/p>\n<\/div>\n<div>\n<p><strong>This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0<a href=\"https:\/\/www.cannontrading.com\/\">Cannon 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<\/div>\n","protected":false},"excerpt":{"rendered":"<p>____________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0 _____________________________________________________________ Excellent article for your &#8220;trading reading pleasure&#8230;.&#8221; This Time Really Is Different Markets are constantly evolving based on our updated knowledge of the past. By Ben Carlson Sir John Templeton wrote &#8220;16 Rules for Investment Success&#8221; in 1993. The following is by far the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[1166,350,1165,129,549],"class_list":["post-12654","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-back-testing","tag-economic-reports","tag-markets","tag-support-resistance-levels","tag-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12654","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=12654"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12654\/revisions"}],"predecessor-version":[{"id":12682,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12654\/revisions\/12682"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=12654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=12654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=12654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}