{"id":13934,"date":"2018-02-06T13:30:01","date_gmt":"2018-02-06T21:30:01","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=13934"},"modified":"2018-02-06T23:58:04","modified_gmt":"2018-02-07T07:58:04","slug":"stock-index-bounce-back-3-5-volatile-trading-2-07-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/stock-index-bounce-back-3-5-volatile-trading-2-07-2018\/","title":{"rendered":"Stock Index Bounce Back 3.5% in Volatile Trading! 2.07.2018"},"content":{"rendered":"<p><strong><em>____________________________________________________________________<\/em><\/strong><\/p>\n<p><strong><em>Voted #1 Blog and #1 Brokerage Services on\u00a0\u00a0<a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001U36v1hvtg4O6nrUU85R1W6sfGPKX0ynnFA_D82LpdwBdzw7hFFBsXcDEWOPaVpkBRhG4iwIIEW8dl5sm-Zy6FHhgwdfYQHIB3uhsIL_ukid7tjqwraQ_BoF0xII0Paftq6h0c0xvDjjkGFYQaQXS_PzGm2ZRdaCn-W0INLJ9pmxzYrJ3TUyLrKnbAV5ra33oeleZTVoQEDQ=&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener\">TraderPlanet<\/a>\u00a0 \u00a0for 2016!!<\/em><\/strong><\/p>\n<p><strong><em>____________________________________________________________________<\/em><\/strong><\/p>\n<blockquote>\n<blockquote>\n<div>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><strong>Market Movers Video<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Looking ahead to the February 8 Crop Report<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/blockquote>\n<blockquote><p>Industry experts Dave Hightower, Founding Principal of The Hightower Report, and Dan Basse, President of AgResource Company, preview the February 8 USDA report discussing corn and soybean yields in advance of its publication.<\/p>\n<p><a href=\"http:\/\/www.cmegroup.com\/education\/usda-crop-reports.html\" target=\"_blank\" rel=\"noopener\">watch video<\/a><\/p><\/blockquote>\n<blockquote><p>On a different note and due to the crazy\/historical volatility we are witnessing in stock indices, please read what I wrote yesterday once more:<\/p><\/blockquote>\n<blockquote><p>The last few days volatility reminds me of 2008 days&#8230;.I am not implying that this is what will happen but as far as volatility, risk and sharp market moves &#8211; Make sure you are aware and understand the environment we are in. This is NOT the same market personality from the past few months.<\/p><\/blockquote>\n<blockquote><p>My advice when volatility picks up like this is: reduce trading size. Widen your &#8220;bands&#8221; understand what risk you are willing to take and trade accordingly.<\/p><\/blockquote>\n<blockquote><p>Another thing to keep in mind is: LIMIT MOVES.<\/p><\/blockquote>\n<blockquote><p>I recommend taking a few minutes and reading more about it ( especially if you trading stock indices) at:<\/p><\/blockquote>\n<blockquote><p><a href=\"http:\/\/www.cmegroup.com\/trading\/equity-index\/faq-sp-500-price-limits.html\" target=\"_blank\" shape=\"rect\" rel=\"noopener\">http:\/\/www.cmegroup.com\/trading\/equity-index\/faq-sp-500-price-limits.html<\/a><\/p><\/blockquote>\n<\/blockquote>\n<p><!--more--><\/p>\n<p><strong>Good Trading!<\/strong><\/p>\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>2-07-2018<strong>\u00a0<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract March 2018<\/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\">BitCoin Index<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2926.75<\/td>\n<td colspan=\"1\" rowspan=\"1\">7230.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">27286<\/td>\n<td colspan=\"1\" rowspan=\"1\">1647.10<\/td>\n<td colspan=\"1\" rowspan=\"1\">10086.67<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2813.25<\/td>\n<td colspan=\"1\" rowspan=\"1\">6953.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">26088<\/td>\n<td colspan=\"1\" rowspan=\"1\">1580.30<\/td>\n<td colspan=\"1\" rowspan=\"1\">8928.33<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2756.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">6814.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">25484<\/td>\n<td colspan=\"1\" rowspan=\"1\">1545.40<\/td>\n<td colspan=\"1\" rowspan=\"1\">8286.67<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2642.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">6537.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">24286<\/td>\n<td colspan=\"1\" rowspan=\"1\">1478.60<\/td>\n<td colspan=\"1\" rowspan=\"1\">7128.33<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2585.25<\/td>\n<td colspan=\"1\" rowspan=\"1\">6398.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">23682<\/td>\n<td colspan=\"1\" rowspan=\"1\">1443.70<\/td>\n<td colspan=\"1\" rowspan=\"1\">6486.67<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2471.75<\/td>\n<td colspan=\"1\" rowspan=\"1\">6121.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">22484<\/td>\n<td colspan=\"1\" rowspan=\"1\">1376.90<\/td>\n<td colspan=\"1\" rowspan=\"1\">5328.33<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2414.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">5982.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">21880<\/td>\n<td colspan=\"1\" rowspan=\"1\">1342.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">4686.67<\/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\">Apr. Gold<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mar. Silver<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mar. Crude Oil<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mar.\u00a0 Bonds<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mar.\u00a0 Euro<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1368.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">17.25<\/td>\n<td colspan=\"1\" rowspan=\"1\">65.32<\/td>\n<td colspan=\"1\" rowspan=\"1\">149\u00a0 6\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2587<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1359.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">17.10<\/td>\n<td colspan=\"1\" rowspan=\"1\">64.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">148 15\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2527<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1342.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">64.15<\/td>\n<td colspan=\"1\" rowspan=\"1\">147<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2465<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1332.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.69<\/td>\n<td colspan=\"1\" rowspan=\"1\">63.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">146\u00a0 9\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2405<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1315.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">62.98<\/td>\n<td colspan=\"1\" rowspan=\"1\">144 26\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2344<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1306.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.27<\/td>\n<td colspan=\"1\" rowspan=\"1\">62.46<\/td>\n<td colspan=\"1\" rowspan=\"1\">144\u00a0 3\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2284<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1289.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">61.81<\/td>\n<td colspan=\"1\" rowspan=\"1\">142 20\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2222<\/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\">Mar.\u00a0 Corn<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mar. Wheat<\/td>\n<td colspan=\"1\" rowspan=\"1\">March Beans<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mar. SoyMeal<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mar. Nat Gas<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">370.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">455.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">1002.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">342.13<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.89<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">367.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">451.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">994.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">337.97<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.84<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">365.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">449.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">990.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">334.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.80<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">362.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">445.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">982.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">330.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.75<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">360.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">442.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">978.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">327.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.7<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">357.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">438.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">970.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">323.37<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.66<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">355.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">435.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">966.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">320.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.62<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Economic Reports, source:\u00a0<\/strong><\/p>\n<p>http:\/\/app.bettertrader.co<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/53e30af7-bbe4-4cfd-9275-29c5b20ddfa3.png\" alt=\"Economic Reports - February 7th, 2018\" title=\"Economic Reports - February 7th, 2018\" \/><\/p>\n<p>This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0\u00a0TraderPlanet\u00a0 \u00a0for 2016!! ____________________________________________________________________ Market Movers Video Looking ahead to the February 8 Crop Report Industry experts Dave Hightower, Founding Principal of The Hightower Report, and Dan Basse, President of AgResource Company, preview the February 8 USDA report discussing corn and soybean yields in advance of its [&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":[1164,350,1292,549],"class_list":["post-13934","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-crop-report","tag-economic-reports","tag-stock-index","tag-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/13934","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=13934"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/13934\/revisions"}],"predecessor-version":[{"id":13937,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/13934\/revisions\/13937"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=13934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=13934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=13934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}