{"id":14069,"date":"2018-03-19T12:05:33","date_gmt":"2018-03-19T20:05:33","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14069"},"modified":"2018-03-20T01:57:13","modified_gmt":"2018-03-20T09:57:13","slug":"trading-week-starts-strong-sell-fomc-week","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-week-starts-strong-sell-fomc-week\/","title":{"rendered":"Trading Week Starts with Strong Sell off &#8211; FOMC this Week"},"content":{"rendered":"<p><strong><em>____________________________________________________________________<\/em><\/strong><\/p>\n<p><strong><em>Voted #1 Blog and #1 Brokerage Services on\u00a0\u00a0TraderPlanet\u00a0 \u00a0for 2016!!<\/em><\/strong><\/p>\n<p><strong><em>____________________________________________________________________<\/em><\/strong><\/p>\n<p><strong>Fed Likely to Sidestep Trade War to Raise Rates on March 21<\/strong><\/p>\n<ul>\n<li>12 Mar 2018<\/li>\n<li>By Bluford Putnam<\/li>\n<li>Topics:\u00a0Economic Events,\u00a0Interest Rates<\/li>\n<\/ul>\n<p>The trade war that could stem from U.S. tariffs on steel and aluminum is unlikely to affect GDP, freeing the Fed to raise rates at its March 21 meeting.<\/p>\n<p>Watch Video:\u00a0<a href=\"http:\/\/www.cmegroup.com\/education\/featured-reports\/fed-likely-to-sidestep-trade-war-to-raise-rates-on-march-21.html\" target=\"_blank\" rel=\"noopener\">http:\/\/www.cmegroup.com\/education\/featured-reports\/fed-likely-to-sidestep-trade-war-to-raise-rates-on-march-21.html<\/a><\/p>\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>3-20-2018<\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract June 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\">2809.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">7236.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">25446<\/td>\n<td colspan=\"1\" rowspan=\"1\">1627.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">9350.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2782.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">7139.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">25215<\/td>\n<td colspan=\"1\" rowspan=\"1\">1608.77<\/td>\n<td colspan=\"1\" rowspan=\"1\">9035.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2750.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">7014.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">24923<\/td>\n<td colspan=\"1\" rowspan=\"1\">1592.13<\/td>\n<td colspan=\"1\" rowspan=\"1\">8730.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2723.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">6918.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">24692<\/td>\n<td colspan=\"1\" rowspan=\"1\">1573.57<\/td>\n<td colspan=\"1\" rowspan=\"1\">8415.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2690.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">6793.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">24400<\/td>\n<td colspan=\"1\" rowspan=\"1\">1556.93<\/td>\n<td colspan=\"1\" rowspan=\"1\">8110.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2664.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">6696.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">24169<\/td>\n<td colspan=\"1\" rowspan=\"1\">1538.37<\/td>\n<td colspan=\"1\" rowspan=\"1\">7795.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2631.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">6571.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">23877<\/td>\n<td colspan=\"1\" rowspan=\"1\">1521.73<\/td>\n<td colspan=\"1\" rowspan=\"1\">7490.00<\/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\">May Silver<\/td>\n<td colspan=\"1\" rowspan=\"1\">May Crude Oil<\/td>\n<td colspan=\"1\" rowspan=\"1\">June\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\">1334.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.52<\/td>\n<td colspan=\"1\" rowspan=\"1\">63.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">145 21\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2570<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1326.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.43<\/td>\n<td colspan=\"1\" rowspan=\"1\">63.04<\/td>\n<td colspan=\"1\" rowspan=\"1\">145\u00a0 6\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2508<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1321.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.37<\/td>\n<td colspan=\"1\" rowspan=\"1\">62.64<\/td>\n<td colspan=\"1\" rowspan=\"1\">144 24\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2467<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1314.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.29<\/td>\n<td colspan=\"1\" rowspan=\"1\">62.05<\/td>\n<td colspan=\"1\" rowspan=\"1\">144\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\">1309.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">61.65<\/td>\n<td colspan=\"1\" rowspan=\"1\">143 27\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2365<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1302.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.14<\/td>\n<td colspan=\"1\" rowspan=\"1\">61.06<\/td>\n<td colspan=\"1\" rowspan=\"1\">143 12\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2303<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1297.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">60.66<\/td>\n<td colspan=\"1\" rowspan=\"1\">142 30\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.2262<\/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\">May\u00a0 Corn<\/td>\n<td colspan=\"1\" rowspan=\"1\">May Wheat<\/td>\n<td colspan=\"1\" rowspan=\"1\">May Beans<\/td>\n<td colspan=\"1\" rowspan=\"1\">May SoyMeal<\/td>\n<td colspan=\"1\" rowspan=\"1\">Apr. Nat Gas<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">381.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">467.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">1042.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">382.30<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.77<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">379.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">464.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1038.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">377.40<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.74<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">377.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">457.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">1030.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">368.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.70<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">376.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">453.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">1026.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">363.10<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.67<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">373.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">447.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1018.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">353.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.6<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">372.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">443.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">1013.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">348.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.60<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">369.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">436.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">1005.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">339.40<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.56<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Economic Reports, source:\u00a0<\/strong><\/p>\n<p><a href=\"http:\/\/app.bettertrader.co\" target=\"_blank\" rel=\"noopener\">http:\/\/app.bettertrader.co<\/a><\/p>\n<p><img decoding=\"async\" title=\"Economic Reports - Tuesday, March 20th\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/344bc73a-18ba-4a97-867c-d119650ba4e3.png\" alt=\"Economic Reports - Tuesday, March 20th\" \/><\/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!! ____________________________________________________________________ Fed Likely to Sidestep Trade War to Raise Rates on March 21 12 Mar 2018 By Bluford Putnam Topics:\u00a0Economic Events,\u00a0Interest Rates The trade war that could stem from U.S. tariffs on steel and aluminum is unlikely to affect GDP, freeing the Fed to [&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":[350,171,549],"class_list":["post-14069","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-economic-reports","tag-fomc","tag-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14069","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=14069"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14069\/revisions"}],"predecessor-version":[{"id":14074,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14069\/revisions\/14074"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}