{"id":14467,"date":"2018-08-13T12:28:48","date_gmt":"2018-08-13T20:28:48","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14467"},"modified":"2018-08-13T12:28:48","modified_gmt":"2018-08-13T20:28:48","slug":"support-resistance-levels-8-14-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/support-resistance-levels-8-14-2018\/","title":{"rendered":"Support &#038; Resistance Levels 8.14.2018"},"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 style=\"text-align: left;\" align=\"left\">\n<div align=\"center\">\n<div align=\"left\">\n<div align=\"left\"><\/div>\n<\/div>\n<div align=\"center\">\n<div>\n<div>\n<div><strong>Jim Wyckoff Discusses Entry &amp; Exit Strategies<\/strong><\/p>\n<div><a href=\"http:\/\/www.jimwyckoff.com\/\" target=\"_blank\" rel=\"noopener\" shape=\"rect\">From our friend\u00a0Jim Wyckoff<\/a><\/div>\n<div>I have received several email messages from my readers asking about how to best determine entry and exit strategies when trading markets. Here are just a few of their quotes:<\/div>\n<ul>\n<li>\n<div>&#8220;Though my success rate has been high, I am only breaking even financially, due to getting out too early in profit and letting my losses run too far.&#8221;<\/div>\n<\/li>\n<li>\n<div>&#8220;Many articles are written showing when and where to enter trades&#8230; but how many articles are written about &#8220;running&#8221; positions? Where to exit surely has to be the biggest key to trading success!&#8221;<\/div>\n<\/li>\n<li>\n<div>&#8220;I would appreciate some advice or tips on how to and when to enter a market and when to exit.&#8221;<\/div>\n<\/li>\n<\/ul>\n<div>Of course, if a trader knew exactly when to get into a market and when to get out, wouldn&#8217;t trading be easy! But even the most successful traders in the world can&#8217;t do that. The best they can strive for is to catch a bigger part of any move (trend) in the market, and then get out with a good profit before the market turns against them.<\/div>\n<div>I&#8217;ve written past articles on trading with the trend and not against it, on the perils of trying to pick tops and bottoms, on support and resistance, and on letting profits run and cutting losses short, as well as trading the &#8220;breakouts.&#8221; I won&#8217;t repeat all those trading tenets here, but if you&#8217;ve missed some of my articles, drop me an email and I can attach some of them in an email to you.<\/div>\n<\/div>\n<\/div>\n<div>\n<div><b>\u00a0<\/b><\/div>\n<\/div>\n<div>\n<div><a class=\"imgCaptionAnchor\" href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Gold-Futures-are-on-the-move-Exit-Entry-techniques-trading-Futures#one\" target=\"_blank\" rel=\"noopener\" shape=\"rect\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/84ed7e45-9d87-4182-ac9a-5b675b331a0e.png\" width=\"178\" height=\"38\" name=\"ACCOUNT.IMAGE.1246\" border=\"0\" hspace=\"5\" vspace=\"5\" alt=\"\" title=\"\"><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div><\/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>08-14-2018<\/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\">2862.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">7570.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">25572<\/td>\n<td colspan=\"1\" rowspan=\"1\">1711.77<\/td>\n<td colspan=\"1\" rowspan=\"1\">7179.07<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2853.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">7524.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">25471<\/td>\n<td colspan=\"1\" rowspan=\"1\">1701.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">6899.52<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2839.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">7470.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">25342<\/td>\n<td colspan=\"1\" rowspan=\"1\">1689.77<\/td>\n<td colspan=\"1\" rowspan=\"1\">6563.93<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">2829.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">7424.17<\/td>\n<td colspan=\"1\" rowspan=\"1\">25241<\/td>\n<td colspan=\"1\" rowspan=\"1\">1679.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">6284.38<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">2815.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">7369.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">25112<\/td>\n<td colspan=\"1\" rowspan=\"1\">1667.77<\/td>\n<td colspan=\"1\" rowspan=\"1\">5948.79<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">2805.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">7323.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">25011<\/td>\n<td colspan=\"1\" rowspan=\"1\">1657.83<\/td>\n<td colspan=\"1\" rowspan=\"1\">5669.24<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">2791.67<\/td>\n<td colspan=\"1\" rowspan=\"1\">7268.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">24882<\/td>\n<td colspan=\"1\" rowspan=\"1\">1645.77<\/td>\n<td colspan=\"1\" rowspan=\"1\">5333.65<\/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\">December 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\">1237.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.61<\/td>\n<td colspan=\"1\" rowspan=\"1\">70.52<\/td>\n<td colspan=\"1\" rowspan=\"1\">145 16\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1529<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1229.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.48<\/td>\n<td colspan=\"1\" rowspan=\"1\">69.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">145\u00a0 4\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1495<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1215.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.23<\/td>\n<td colspan=\"1\" rowspan=\"1\">68.28<\/td>\n<td colspan=\"1\" rowspan=\"1\">144 24\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1462<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">1206.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">15.10<\/td>\n<td colspan=\"1\" rowspan=\"1\">66.99<\/td>\n<td colspan=\"1\" rowspan=\"1\">144 12\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1428<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">1192.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">14.86<\/td>\n<td colspan=\"1\" rowspan=\"1\">66.04<\/td>\n<td colspan=\"1\" rowspan=\"1\">144<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1394<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">1184.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">14.73<\/td>\n<td colspan=\"1\" rowspan=\"1\">64.75<\/td>\n<td colspan=\"1\" rowspan=\"1\">143 20\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1360<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">1169.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">14.48<\/td>\n<td colspan=\"1\" rowspan=\"1\">63.80<\/td>\n<td colspan=\"1\" rowspan=\"1\">143\u00a0 8\/32<\/td>\n<td colspan=\"1\" rowspan=\"1\">1.1327<\/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\">Sept. Nat Gas #NG_F<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">377.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">549.6<\/td>\n<td colspan=\"1\" rowspan=\"1\">894.33<\/td>\n<td colspan=\"1\" rowspan=\"1\">340.40<\/td>\n<td colspan=\"1\" rowspan=\"1\">3.00<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">374.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">545.2<\/td>\n<td colspan=\"1\" rowspan=\"1\">882.42<\/td>\n<td colspan=\"1\" rowspan=\"1\">335.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.97<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Resistance 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">372.5<\/td>\n<td colspan=\"1\" rowspan=\"1\">539.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">875.58<\/td>\n<td colspan=\"1\" rowspan=\"1\">331.90<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.95<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Pivot<\/td>\n<td colspan=\"1\" rowspan=\"1\">369.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">534.9<\/td>\n<td colspan=\"1\" rowspan=\"1\">863.67<\/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 1<\/td>\n<td colspan=\"1\" rowspan=\"1\">367.3<\/td>\n<td colspan=\"1\" rowspan=\"1\">529.1<\/td>\n<td colspan=\"1\" rowspan=\"1\">856.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">323.4<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.9<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 2<\/td>\n<td colspan=\"1\" rowspan=\"1\">364.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">524.7<\/td>\n<td colspan=\"1\" rowspan=\"1\">844.92<\/td>\n<td colspan=\"1\" rowspan=\"1\">318.00<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.87<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\">Support 3<\/td>\n<td colspan=\"1\" rowspan=\"1\">362.0<\/td>\n<td colspan=\"1\" rowspan=\"1\">518.8<\/td>\n<td colspan=\"1\" rowspan=\"1\">838.08<\/td>\n<td colspan=\"1\" rowspan=\"1\">314.90<\/td>\n<td colspan=\"1\" rowspan=\"1\">2.85<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Economic Reports, source:\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/app.bettertrader.com\" target=\"_blank\" rel=\"noopener\">https:\/\/app.bettertrader.com<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/mlsvc01-prod.s3.amazonaws.com\/3dc00ef7001\/32051449-a63f-4918-9625-9d9afd01d438.png\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/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! Jim Wyckoff Discusses Entry &amp; Exit Strategies From our friend\u00a0Jim Wyckoff I have received several email messages from my readers asking about how to best determine entry and exit [&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-14467","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\/14467","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=14467"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14467\/revisions"}],"predecessor-version":[{"id":14468,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14467\/revisions\/14468"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}