{"id":14259,"date":"2018-05-10T12:13:19","date_gmt":"2018-05-10T20:13:19","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14259"},"modified":"2018-05-13T22:22:53","modified_gmt":"2018-05-14T06:22:53","slug":"grain-futures-outlook-5-11-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/grain-futures-outlook-5-11-2018\/","title":{"rendered":"Grain Futures Outlook 5.11.2018"},"content":{"rendered":"

____________________________________________________________________<\/span><\/b><\/em><\/p>\n

Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n

____________________________________________________________________<\/span><\/b><\/em><\/p>\n

Dear Traders,<\/span><\/p>\n

If you are trading grains and grain futures, the following link will provide you with some good insight into the near future of grain prices following today’s report:<\/span><\/p>\n

https:\/\/www.dtnpf.com\/agriculture\/web\/ag\/news\/article\/2018\/05\/10\/new-crop-corn-soybean-forecasts\u00a0<\/a><\/span><\/p>\n

\u00a0Daily chart of Soybeans futures #ZS_F below:<\/span>\u00a0\"Daily<\/p>\n

<\/p>\n

Good Trading<\/strong><\/p>\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.\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

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

05-11-2018<\/p>\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 June 2018<\/td>\n\u00a0SP500 #ES_F<\/td>\nNasdaq100\u00a0 #NQ_F<\/td>\nDow Jones\u00a0 #YM_F<\/td>\nMini Russell #RTY_F<\/td>\nBitCoin Index #XBT_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2764.33<\/td>\n7079.08<\/td>\n25109<\/td>\n1626.77<\/td>\n9615.92<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2744.67<\/td>\n7025.17<\/td>\n24938<\/td>\n1618.83<\/td>\n9500.09<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2732.08<\/td>\n6996.58<\/td>\n24815<\/td>\n1611.97<\/td>\n9279.99<\/td>\n<\/tr>\n
Pivot<\/td>\n2712.42<\/td>\n6942.67<\/td>\n24644<\/td>\n1604.03<\/td>\n9164.16<\/td>\n<\/tr>\n
Support 1<\/td>\n2699.83<\/td>\n6914.08<\/td>\n24521<\/td>\n1597.17<\/td>\n8944.06<\/td>\n<\/tr>\n
Support 2<\/td>\n2680.17<\/td>\n6860.17<\/td>\n24350<\/td>\n1589.23<\/td>\n8828.23<\/td>\n<\/tr>\n
Support 3<\/td>\n2667.58<\/td>\n6831.58<\/td>\n24227<\/td>\n1582.37<\/td>\n8608.13<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJune Gold #GC_F<\/td>\nJuly Silver #SI-F<\/td>\nJune Crude Oil #CL-F<\/td>\nJune\u00a0 Bonds\u00a0 #ZB_F<\/td>\nJune\u00a0 Euro #6E_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1338.9<\/td>\n17.15<\/td>\n73.34<\/td>\n144\u00a0 3\/32<\/td>\n1.2100<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1331.2<\/td>\n16.97<\/td>\n72.61<\/td>\n143 23\/32<\/td>\n1.2038<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1326.1<\/td>\n16.86<\/td>\n72.01<\/td>\n143 16\/32<\/td>\n1.1996<\/td>\n<\/tr>\n
Pivot<\/td>\n1318.4<\/td>\n16.68<\/td>\n71.28<\/td>\n143\u00a0 4\/32<\/td>\n1.1935<\/td>\n<\/tr>\n
Support 1<\/td>\n1313.3<\/td>\n16.57<\/td>\n70.68<\/td>\n142 29\/32<\/td>\n1.1893<\/td>\n<\/tr>\n
Support 2<\/td>\n1305.6<\/td>\n16.39<\/td>\n69.95<\/td>\n142 17\/32<\/td>\n1.1831<\/td>\n<\/tr>\n
Support 3<\/td>\n1300.5<\/td>\n16.28<\/td>\n69.35<\/td>\n142 10\/32<\/td>\n1.1789<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJuly\u00a0 Corn #ZC_F<\/td>\nJuly Wheat #ZW_F<\/td>\nJuly Beans #ZS_F<\/td>\nJuly SoyMeal #ZM_F<\/td>\nJune Nat Gas #NG_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n413.0<\/td>\n528.2<\/td>\n1051.42<\/td>\n398.70<\/td>\n2.96<\/td>\n<\/tr>\n
Resistance 2<\/td>\n410.0<\/td>\n521.3<\/td>\n1042.58<\/td>\n395.30<\/td>\n2.89<\/td>\n<\/tr>\n
Resistance 1<\/td>\n406.0<\/td>\n513.9<\/td>\n1031.92<\/td>\n390.70<\/td>\n2.85<\/td>\n<\/tr>\n
Pivot<\/td>\n403.0<\/td>\n507.1<\/td>\n1023.08<\/td>\n387.30<\/td>\n2.78<\/td>\n<\/tr>\n
Support 1<\/td>\n399.0<\/td>\n499.7<\/td>\n1012.4<\/td>\n382.7<\/td>\n2.7<\/td>\n<\/tr>\n
Support 2<\/td>\n396.0<\/td>\n492.8<\/td>\n1003.58<\/td>\n379.30<\/td>\n2.67<\/td>\n<\/tr>\n
Support 3<\/td>\n392.0<\/td>\n485.4<\/td>\n992.92<\/td>\n374.70<\/td>\n2.63<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Economic Reports, source:\u00a0<\/strong><\/p>\n

http:\/\/app.bettertrader.co<\/a><\/strong><\/p>\n

\"Economic<\/p>\n

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":"

____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Dear Traders, If you are trading grains and grain futures, the following link will provide you with some good insight into the near future of grain prices following today’s report: https:\/\/www.dtnpf.com\/agriculture\/web\/ag\/news\/article\/2018\/05\/10\/new-crop-corn-soybean-forecasts\u00a0 \u00a0Daily chart of Soybeans futures #ZS_F below:\u00a0<\/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":[1346,350,144,1345],"class_list":["post-14259","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-daily-chart-of-soybeans-futures","tag-economic-reports","tag-futures-trading-levels","tag-grain-futures-outlook"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14259","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=14259"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14259\/revisions"}],"predecessor-version":[{"id":14265,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14259\/revisions\/14265"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}