{"id":14396,"date":"2018-06-27T12:05:14","date_gmt":"2018-06-27T20:05:14","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14396"},"modified":"2018-06-27T12:05:14","modified_gmt":"2018-06-27T20:05:14","slug":"opec-cuts-levels-june-28th-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/opec-cuts-levels-june-28th-2018\/","title":{"rendered":"OPEC Cuts &#038; Levels for June 28th 2018"},"content":{"rendered":"<p><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">____________________________________________________________________<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">Voted #1 Blog and #1 Brokerage Services on\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\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">____________________________________________________________________<\/span><\/b><\/em><\/p>\n<p>Dear Traders,<\/p>\n<div align=\"left\">\n<div align=\"center\">Like us on Facebook!<\/div>\n<div align=\"center\"><a href=\"http:\/\/www.facebook.com\/CannonTrading\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">www.facebook.com\/CannonTrading<\/a><\/div>\n<div align=\"center\">\n<div><\/div>\n<div align=\"left\">\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">\n<div>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">OPEC Decides to Raise Output: How Will U.S. Shale React?\u00a0By Blu Putnam, Chief Economist, CME Group<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div><\/div>\n<div><\/div>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">\n<div>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">\n<div>Video Highlights<\/div>\n<ul>\n<li>Post-OPEC price gains to encourage increased shale production<\/li>\n<li>Production constraints could delay arrival of much of the shale oil until 2019<\/li>\n<li>Fledgling trade war could put U.S. oil exports to China at risk<\/li>\n<li>Expect more oil volatility post-OPEC, emerging trade wars<\/li>\n<\/ul>\n<div align=\"center\"><strong><a href=\"http:\/\/www.cmegroup.com\/education\/featured-reports\/opec-decides-to-raise-output-how-will-us-shale-react.html\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">\u00a0WATCH VIDEO<\/a><\/strong><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<div align=\"center\">\n<div align=\"left\">\n<div>\n<div align=\"left\"><\/div>\n<\/div>\n<\/div>\n<div align=\"left\"><\/div>\n<div align=\"left\">\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"left\">\n<div>\n<div align=\"left\">\n<div align=\"center\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><strong>Good Trading<\/strong><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\">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>06-28-2018<\/p>\n<table>\n<tbody>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Contract September 2018<\/td>\n<td colspan=\"1\" rowspan=\"1\">\u00a0SP500 #ES_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Nasdaq100\u00a0 #NQ_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Dow Jones\u00a0 #YM_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Mini Russell #RTY_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">BitCoin Index #XBT_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2781.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">7263.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">24920<\/td>\n<td colspan=\"1\" rowspan=\"1\">1698.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">6365.59<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2764.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">7207.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">24742<\/td>\n<td colspan=\"1\" rowspan=\"1\">1686.90<\/td>\n<td colspan=\"1\" rowspan=\"1\">6262.95<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2734.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">7100.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">24435<\/td>\n<td colspan=\"1\" rowspan=\"1\">1665.60<\/td>\n<td colspan=\"1\" rowspan=\"1\">6201.56<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2717.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">7044.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">24257<\/td>\n<td colspan=\"1\" rowspan=\"1\">1654.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">6098.92<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2687.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">6936.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">23950<\/td>\n<td colspan=\"1\" rowspan=\"1\">1633.20<\/td>\n<td colspan=\"1\" rowspan=\"1\">6037.53<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2670.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">6880.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">23772<\/td>\n<td colspan=\"1\" rowspan=\"1\">1622.10<\/td>\n<td colspan=\"1\" rowspan=\"1\">5934.89<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2640.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">6773.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">23465<\/td>\n<td colspan=\"1\" rowspan=\"1\">1600.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">5873.50<\/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 #GC_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Silver #SI-F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Aug. Crude Oil #CL-F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept.\u00a0 Bonds\u00a0 #ZB_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept.\u00a0 Euro #6E_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1269.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.65<\/td>\n<td colspan=\"1\" rowspan=\"1\">75.95<\/td>\n<td colspan=\"1\" rowspan=\"1\">146 10\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1841<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1265.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.51<\/td>\n<td colspan=\"1\" rowspan=\"1\">74.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">145 27\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1793<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1259.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.31<\/td>\n<td colspan=\"1\" rowspan=\"1\">73.45<\/td>\n<td colspan=\"1\" rowspan=\"1\">145 17\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1708<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1255.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">16.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">72.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">145\u00a0 2\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1660<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1249.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.97<\/td>\n<td colspan=\"1\" rowspan=\"1\">70.95<\/td>\n<td colspan=\"1\" rowspan=\"1\">144 24\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1575<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1246.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">69.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">144\u00a0 9\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1527<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1240.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">68.45<\/td>\n<td colspan=\"1\" rowspan=\"1\">143 31\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1442<\/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 #ZC_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept. Wheat #ZW_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Nov. Beans #ZS_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Dec. SoyMeal #ZM_F<\/td>\n<td colspan=\"1\" rowspan=\"1\">July Nat Gas #NG_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">359.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">497.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">905.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">341.60<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.06<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">358.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">495.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">901.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">339.10<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.03<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">355.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">491.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">895.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">335.30<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.01<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">353.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">489.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">891.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">332.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.97<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">350.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">485.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">884.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">329.0<\/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\">349.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">483.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">880.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">326.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.92<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">346.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">479.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">874.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">322.70<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.89<\/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\u00a0<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/4a7562fe-8742-4143-9c1b-72e022738518.png\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/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\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Dear Traders, Like us on Facebook! www.facebook.com\/CannonTrading OPEC Decides to Raise Output: How Will U.S. Shale React?\u00a0By Blu Putnam, Chief Economist, CME Group Video Highlights Post-OPEC price gains to encourage increased shale production Production constraints could delay arrival of much of the shale oil [&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":[],"class_list":["post-14396","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14396","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=14396"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14396\/revisions"}],"predecessor-version":[{"id":14397,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14396\/revisions\/14397"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}