{"id":14504,"date":"2018-08-30T12:16:31","date_gmt":"2018-08-30T20:16:31","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14504"},"modified":"2018-08-30T12:16:31","modified_gmt":"2018-08-30T20:16:31","slug":"labor-day-trading-schedule-trading-levels-8-31-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/labor-day-trading-schedule-trading-levels-8-31-2018\/","title":{"rendered":"Labor Day Trading Schedule + Trading Levels for 8.31.2018"},"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

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Dear Traders,<\/p>\n

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A few notes as we head into the last unofficial trading day of the summer…..<\/div>\n
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Traditionally, in the trading world, the last day before Labor day is considered the last summer trading day…Traders expect more volatility after Labor Day. and for the lower volume we usually experience in August to turn into higher volume when traders return from the long weekend on Tuesday.<\/div>\n
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Along the way keep in mind:<\/div>\n
Tomorrow is also the last trading day of the month, which can get interesting at times.<\/div>\n
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Front month for Silver, bonds, ten years, grains is now DECEMBER.<\/div>\n
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We will send a separate note when it is time to rollover the equities which is towards the middle of September.<\/div>\n
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Next blog will be sent Tuesday afternoon so we would like to wish you a great, relaxing and safe Labor Day!<\/div>\n
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Labor Day Summary below and\u00a0full details available here.<\/a><\/div>\n
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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

08-31-2018<\/p>\n

 <\/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 September 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>\n2934.42<\/td>\n7759.67<\/td>\n26360<\/td>\n1756.80<\/td>\n7252.50<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2925.33<\/td>\n7728.33<\/td>\n26264<\/td>\n1749.80<\/td>\n7155.20<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2913.67<\/td>\n7688.92<\/td>\n26138<\/td>\n1742.30<\/td>\n6987.61<\/td>\n<\/tr>\n
Pivot<\/td>\n2904.58<\/td>\n7657.58<\/td>\n26042<\/td>\n1735.30<\/td>\n6890.31<\/td>\n<\/tr>\n
Support 1<\/td>\n2892.92<\/td>\n7618.17<\/td>\n25916<\/td>\n1727.80<\/td>\n6722.72<\/td>\n<\/tr>\n
Support 2<\/td>\n2883.83<\/td>\n7586.83<\/td>\n25820<\/td>\n1720.80<\/td>\n6625.42<\/td>\n<\/tr>\n
Support 3<\/td>\n2872.17<\/td>\n7547.42<\/td>\n25694<\/td>\n1713.30<\/td>\n6457.83<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDecember Gold #GC_F<\/td>\nDec. Silver #SI-F<\/td>\nOct. Crude Oil #CL-F<\/td>\nDec.\u00a0 Bonds\u00a0 #ZB_F<\/td>\nSept.\u00a0 Euro #6E_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1224.8<\/td>\n15.05<\/td>\n71.52<\/td>\n144 23\/32<\/td>\n1.1804<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1219.4<\/td>\n14.94<\/td>\n71.01<\/td>\n144 16\/32<\/td>\n1.1768<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1212.9<\/td>\n14.77<\/td>\n70.57<\/td>\n144 10\/32<\/td>\n1.1727<\/td>\n<\/tr>\n
Pivot<\/td>\n1207.5<\/td>\n14.66<\/td>\n70.06<\/td>\n144\u00a0 3\/32<\/td>\n1.1690<\/td>\n<\/tr>\n
Support 1<\/td>\n1201.0<\/td>\n14.49<\/td>\n69.62<\/td>\n143 29\/32<\/td>\n1.1649<\/td>\n<\/tr>\n
Support 2<\/td>\n1195.6<\/td>\n14.38<\/td>\n69.11<\/td>\n143 22\/32<\/td>\n1.1613<\/td>\n<\/tr>\n
Support 3<\/td>\n1189.1<\/td>\n14.21<\/td>\n68.67<\/td>\n143 16\/32<\/td>\n1.1572<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec.\u00a0 Corn #ZC_F<\/td>\nDec. Wheat #ZW_F<\/td>\nNov. Beans #ZS_F<\/td>\nDec. SoyMeal #ZM_F<\/td>\nOct. Nat Gas #NG_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n360.9<\/td>\n555.4<\/td>\n846.08<\/td>\n309.70<\/td>\n2.95<\/td>\n<\/tr>\n
Resistance 2<\/td>\n359.8<\/td>\n549.3<\/td>\n842.17<\/td>\n308.10<\/td>\n2.92<\/td>\n<\/tr>\n
Resistance 1<\/td>\n358.2<\/td>\n542.2<\/td>\n836.83<\/td>\n305.80<\/td>\n2.90<\/td>\n<\/tr>\n
Pivot<\/td>\n357.1<\/td>\n536.1<\/td>\n832.92<\/td>\n304.20<\/td>\n2.87<\/td>\n<\/tr>\n
Support 1<\/td>\n355.4<\/td>\n528.9<\/td>\n827.6<\/td>\n301.9<\/td>\n2.9<\/td>\n<\/tr>\n
Support 2<\/td>\n354.3<\/td>\n522.8<\/td>\n823.67<\/td>\n300.30<\/td>\n2.82<\/td>\n<\/tr>\n
Support 3<\/td>\n352.7<\/td>\n515.7<\/td>\n818.33<\/td>\n298.00<\/td>\n2.81<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

www.forexfactory.com<\/a><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:04pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
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FriAug 31<\/span><\/td>\n2:00am<\/td>\nEUR<\/td>\n\n
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German Retail Sales m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-0.1%<\/td>\n1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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Nationwide HPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.1%<\/td>\n0.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:45am<\/td>\nEUR<\/td>\n\n
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French Prelim CPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.5%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n\n
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Italian Monthly Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n10.8%<\/td>\n10.9%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n\n
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CPI Flash Estimate y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n2.1%<\/td>\n2.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n\n
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Core CPI Flash Estimate y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n1.1%<\/td>\n1.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n\n
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Italian Prelim CPI m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n\n
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Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n8.2%<\/td>\n8.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:45am<\/td>\nUSD<\/td>\n\n
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Chicago PMI<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n63.0<\/td>\n65.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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Revised UoM Consumer Sentiment<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n95.5<\/td>\n95.3<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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Revised UoM Inflation Expectations<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n2.9%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! A few notes as we head into the last unofficial trading day of the summer….. Traditionally, in the trading world, the last day before Labor day is considered the […]<\/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-14504","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\/14504","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=14504"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14504\/revisions"}],"predecessor-version":[{"id":14505,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14504\/revisions\/14505"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}