{"id":14432,"date":"2018-07-23T12:23:41","date_gmt":"2018-07-23T20:23:41","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14432"},"modified":"2018-07-23T12:23:41","modified_gmt":"2018-07-23T20:23:41","slug":"earnings-support-resistance-levels-7-24-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/earnings-support-resistance-levels-7-24-2018\/","title":{"rendered":"Earnings are out &#038; Support &#038; Resistance Levels 7.24.2018"},"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\">\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\"><\/div>\n<div align=\"center\">Get Real Time updates and\u00a0<a href=\"https:\/\/twitter.com\/CannonTrading\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">market alerts on Twitter!<\/a><\/div>\n<div align=\"center\">\n<div><\/div>\n<\/div>\n<div align=\"left\">\n<div align=\"left\"><\/div>\n<div align=\"left\"><\/div>\n<div align=\"left\">\n<div align=\"left\">\n<div align=\"left\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"left\">\n<div align=\"left\">This could be a VOLATILE week in stock index futures, with some moves taking place after the CASH close when earnings usually come out.<\/div>\n<div align=\"left\">About a third of the S&amp;P 500 companies will report quarterly results, including three FANG stocks &#8211; Facebook (NASDAQ:<a shape=\"rect\">FB<\/a>), Amazon (NASDAQ:<a shape=\"rect\">AMZN<\/a>) and Google parent Alphabet (<a shape=\"rect\">GOOG<\/a>,\u00a0<a shape=\"rect\">GOOGL<\/a>)- as well as oil majors Exxon Mobil (NYSE:<a shape=\"rect\">XOM<\/a>) and Chevron (NYSE:<a shape=\"rect\">CVX<\/a>). So far, 87% of corporations that have reported earnings have exceeded Wall Street estimates, with FactSet now forecasting Q2 profits will be up 20.8% from a year earlier.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/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<p>&nbsp;<\/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;\"><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>07-24-2018<\/p>\n<p>&nbsp;<\/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\">2838.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">7592.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">25229<\/td>\n<td colspan=\"1\" rowspan=\"1\">1722.63<\/td>\n<td colspan=\"1\" rowspan=\"1\">8456.79<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2825.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">7512.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">25159<\/td>\n<td colspan=\"1\" rowspan=\"1\">1714.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">8126.84<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2818.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">7471.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">25093<\/td>\n<td colspan=\"1\" rowspan=\"1\">1708.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">7934.30<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2805.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">7391.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">25023<\/td>\n<td colspan=\"1\" rowspan=\"1\">1700.37<\/td>\n<td colspan=\"1\" rowspan=\"1\">7604.35<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2798.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">7350.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">24957<\/td>\n<td colspan=\"1\" rowspan=\"1\">1695.03<\/td>\n<td colspan=\"1\" rowspan=\"1\">7411.81<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2785.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">7270.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">24887<\/td>\n<td colspan=\"1\" rowspan=\"1\">1686.57<\/td>\n<td colspan=\"1\" rowspan=\"1\">7081.86<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2778.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">7228.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">24821<\/td>\n<td colspan=\"1\" rowspan=\"1\">1681.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">6889.32<\/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\">Sept. Silver #SI-F<\/td>\n<td colspan=\"1\" rowspan=\"1\">Sept. 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\">1245.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.77<\/td>\n<td colspan=\"1\" rowspan=\"1\">70.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">145 16\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1856<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1240.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.68<\/td>\n<td colspan=\"1\" rowspan=\"1\">69.94<\/td>\n<td colspan=\"1\" rowspan=\"1\">144 30\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1828<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1232.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.54<\/td>\n<td colspan=\"1\" rowspan=\"1\">68.87<\/td>\n<td colspan=\"1\" rowspan=\"1\">143 29\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1786<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1227.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.45<\/td>\n<td colspan=\"1\" rowspan=\"1\">68.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">143 11\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1759<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1219.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.31<\/td>\n<td colspan=\"1\" rowspan=\"1\">67.16<\/td>\n<td colspan=\"1\" rowspan=\"1\">142 10\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1717<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1214.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.22<\/td>\n<td colspan=\"1\" rowspan=\"1\">66.52<\/td>\n<td colspan=\"1\" rowspan=\"1\">141 24\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1689<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1206.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">65.45<\/td>\n<td colspan=\"1\" rowspan=\"1\">140 23\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1647<\/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 #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\">Aug. Nat Gas #NG_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">375.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">529.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">874.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">331.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.76<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">374.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">525.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">872.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">330.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.75<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">372.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">519.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">867.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">327.70<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.74<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">370.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">516.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">864.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">325.90<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.72<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">369.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">510.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">860.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">323.6<\/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\">367.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">506.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">857.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">321.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.70<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">366.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">500.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">852.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">319.50<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.68<\/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\/b0d0025b-ba18-46f6-a5de-f6618c6d7962.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 Get Real Time updates and\u00a0market alerts on Twitter! This could be a VOLATILE week in stock index futures, with some moves taking place after the CASH close when earnings usually come out. About a third of the [&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-14432","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\/14432","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=14432"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14432\/revisions"}],"predecessor-version":[{"id":14433,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14432\/revisions\/14433"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}