{"id":12985,"date":"2017-07-25T12:17:42","date_gmt":"2017-07-25T20:17:42","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=12985"},"modified":"2017-07-25T21:16:43","modified_gmt":"2017-07-26T05:16:43","slug":"crude-oil-saudi-arabia-7-25-2017","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/crude-oil-saudi-arabia-7-25-2017\/","title":{"rendered":"Crude Oil and Saudi Arabia 7.26.2017"},"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 align=\"left\"><\/div>\n<div align=\"center\"><strong>Oil: Economic Landscape of Saudi Arabia<\/strong><\/div>\n<p>Highlights:<\/p>\n<ul>\n<li>Saudi Arabia&#8217;s currency reserves drained by decline in oil prices<\/li>\n<li>Listing of state oil company Aramco could bolster Saudi finances<\/li>\n<li>Proceeds to be used to diversify Saudi economy from oil<\/li>\n<li>A 5% stake in Aramco could be worth $1-$2 trillion<\/li>\n<\/ul>\n<p><!--more--><a href=\"http:\/\/www.cmegroup.com\/education\/featured-reports\/oil-economic-landscape-of-saudi-arabia.html\" target=\"_blank\" rel=\"noopener\">Read the rest.<\/a><\/p>\n<p><strong>Good Trading<\/strong><\/p>\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>7-26-2017<\/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\">2492.25<\/td>\n<td colspan=\"1\" rowspan=\"1\">5978.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">21793<\/td>\n<td colspan=\"1\" rowspan=\"1\">1472.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">94.56<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2485.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">5962.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">21716<\/td>\n<td colspan=\"1\" rowspan=\"1\">1462.47<\/td>\n<td colspan=\"1\" rowspan=\"1\">94.25<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2479.75<\/td>\n<td colspan=\"1\" rowspan=\"1\">5947.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">21635<\/td>\n<td colspan=\"1\" rowspan=\"1\">1456.03<\/td>\n<td colspan=\"1\" rowspan=\"1\">94.08<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2473.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">5931.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">21558<\/td>\n<td colspan=\"1\" rowspan=\"1\">1445.87<\/td>\n<td colspan=\"1\" rowspan=\"1\">93.77<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2467.25<\/td>\n<td colspan=\"1\" rowspan=\"1\">5917.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">21477<\/td>\n<td colspan=\"1\" rowspan=\"1\">1439.43<\/td>\n<td colspan=\"1\" rowspan=\"1\">93.61<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2460.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">5901.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">21400<\/td>\n<td colspan=\"1\" rowspan=\"1\">1429.27<\/td>\n<td colspan=\"1\" rowspan=\"1\">93.30<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2454.75<\/td>\n<td colspan=\"1\" rowspan=\"1\">5886.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">21319<\/td>\n<td colspan=\"1\" rowspan=\"1\">1422.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">93.13<\/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\">Sept. Silver<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept. 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\">1265.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">17.02<\/td>\n<td colspan=\"1\" rowspan=\"1\">50.05<\/td>\n<td colspan=\"1\" rowspan=\"1\">155 19\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1811<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1261.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.81<\/td>\n<td colspan=\"1\" rowspan=\"1\">49.01<\/td>\n<td colspan=\"1\" rowspan=\"1\">154 31\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1778<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1255.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.64<\/td>\n<td colspan=\"1\" rowspan=\"1\">48.46<\/td>\n<td colspan=\"1\" rowspan=\"1\">153 26\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1729<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1252.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.43<\/td>\n<td colspan=\"1\" rowspan=\"1\">47.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">153\u00a0 6\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1697<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1246.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.26<\/td>\n<td colspan=\"1\" rowspan=\"1\">46.87<\/td>\n<td colspan=\"1\" rowspan=\"1\">152\u00a0 1\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1648<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1243.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.05<\/td>\n<td colspan=\"1\" rowspan=\"1\">45.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">151 13\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1615<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1237.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.88<\/td>\n<td colspan=\"1\" rowspan=\"1\">45.28<\/td>\n<td colspan=\"1\" rowspan=\"1\">150\u00a0 8\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1566<\/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\">Dec.\u00a0 Corn<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept. Wheat<\/td>\n<td colspan=\"1\" rowspan=\"1\">November Beans<\/td>\n<td colspan=\"1\" rowspan=\"1\">Dec. SoyMeal<\/td>\n<td colspan=\"1\" rowspan=\"1\">Aug. Nat Gas<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">392.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">493.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1038.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">352.13<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">390.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">489.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1029.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">346.57<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.97<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">386.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">481.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">1010.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">335.73<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.95<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">384.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">477.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">1001.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">330.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.91<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">380.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">469.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">983.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">319.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.9<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">377.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">465.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">974.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">313.77<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.86<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">373.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">458.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">955.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">302.93<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.84<\/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><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/05971842-cf54-4268-bab0-bd7fb2061da6.png\" alt=\"&quot;Economic\" width=\"680\" height=\"700\" 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 _____________________________________________________________ Oil: Economic Landscape of Saudi Arabia Highlights: Saudi Arabia&#8217;s currency reserves drained by decline in oil prices Listing of state oil company Aramco could bolster Saudi finances Proceeds to be used to diversify Saudi economy from oil A 5% stake in Aramco could be [&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":[1179,350,549],"class_list":["post-12985","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-crude-oil-and-saudi-arabia","tag-economic-reports","tag-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12985","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=12985"}],"version-history":[{"count":8,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12985\/revisions"}],"predecessor-version":[{"id":12994,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/12985\/revisions\/12994"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=12985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=12985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=12985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}