{"id":14556,"date":"2018-10-15T12:13:58","date_gmt":"2018-10-15T20:13:58","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14556"},"modified":"2018-10-15T12:13:58","modified_gmt":"2018-10-15T20:13:58","slug":"extreme-volatility-careful-trading-levels-10-16-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/extreme-volatility-careful-trading-levels-10-16-2018\/","title":{"rendered":"EXTREME Volatility, be careful + Trading Levels for 10.16.2018"},"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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Equity markets ( emini indices for most of us) are VERY volatile. For some traders, it is not an easy task to say the least….<\/div>\n
I have an automated system I run on the mini NASDAQ and in one week it had both its best day ever and its worst day ever…..so be careful, trading is hard as is but can be even harder for most traders when volatility is at extremes.<\/div>\n
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Control your emotions and don’t let yourself lose control because in market conditions like this, losing control can mean losing your account……<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/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

10-16-2018<\/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 December 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>\n2805.25<\/td>\n7268.17<\/td>\n25786<\/td>\n1595.47<\/td>\n7371.53<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2792.00<\/td>\n7223.58<\/td>\n25628<\/td>\n1580.23<\/td>\n7065.03<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2771.75<\/td>\n7149.92<\/td>\n25426<\/td>\n1566.17<\/td>\n6724.56<\/td>\n<\/tr>\n
Pivot<\/td>\n2758.50<\/td>\n7105.33<\/td>\n25268<\/td>\n1550.93<\/td>\n6418.06<\/td>\n<\/tr>\n
Support 1<\/td>\n2738.25<\/td>\n7031.67<\/td>\n25066<\/td>\n1536.87<\/td>\n6077.59<\/td>\n<\/tr>\n
Support 2<\/td>\n2725.00<\/td>\n6987.08<\/td>\n24908<\/td>\n1521.63<\/td>\n5771.09<\/td>\n<\/tr>\n
Support 3<\/td>\n2704.75<\/td>\n6913.42<\/td>\n24706<\/td>\n1507.57<\/td>\n5430.62<\/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>\nNov. Crude Oil #CL-F<\/td>\nDec.\u00a0 Bonds\u00a0 #ZB_F<\/td>\nDec.\u00a0 Euro #6E_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1254.2<\/td>\n15.00<\/td>\n74.46<\/td>\n139\u00a0 3\/32<\/td>\n1.1730<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1245.5<\/td>\n14.90<\/td>\n73.58<\/td>\n138 29\/32<\/td>\n1.1697<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1237.7<\/td>\n14.81<\/td>\n72.61<\/td>\n138 21\/32<\/td>\n1.1667<\/td>\n<\/tr>\n
Pivot<\/td>\n1229.0<\/td>\n14.71<\/td>\n71.73<\/td>\n138 15\/32<\/td>\n1.1634<\/td>\n<\/tr>\n
Support 1<\/td>\n1221.2<\/td>\n14.62<\/td>\n70.76<\/td>\n138\u00a0 7\/32<\/td>\n1.1604<\/td>\n<\/tr>\n
Support 2<\/td>\n1212.5<\/td>\n14.52<\/td>\n69.88<\/td>\n138\u00a0 1\/32<\/td>\n1.1571<\/td>\n<\/tr>\n
Support 3<\/td>\n1204.7<\/td>\n14.43<\/td>\n68.91<\/td>\n137 25\/32<\/td>\n1.1541<\/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>\nNov. Nat Gas #NG_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n386.0<\/td>\n536.8<\/td>\n926.33<\/td>\n344.03<\/td>\n3.39<\/td>\n<\/tr>\n
Resistance 2<\/td>\n382.3<\/td>\n531.2<\/td>\n909.17<\/td>\n335.67<\/td>\n3.33<\/td>\n<\/tr>\n
Resistance 1<\/td>\n380.3<\/td>\n528.1<\/td>\n900.33<\/td>\n331.33<\/td>\n3.29<\/td>\n<\/tr>\n
Pivot<\/td>\n376.5<\/td>\n522.4<\/td>\n883.17<\/td>\n322.97<\/td>\n3.23<\/td>\n<\/tr>\n
Support 1<\/td>\n374.5<\/td>\n519.3<\/td>\n874.3<\/td>\n318.6<\/td>\n3.2<\/td>\n<\/tr>\n
Support 2<\/td>\n370.8<\/td>\n513.7<\/td>\n857.17<\/td>\n310.27<\/td>\n3.14<\/td>\n<\/tr>\n
Support 3<\/td>\n368.8<\/td>\n510.6<\/td>\n848.33<\/td>\n305.93<\/td>\n3.10<\/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\n\n\n\n
Date<\/th>\n4:13pm<\/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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TueOct 16<\/span><\/td>\n2:00am<\/td>\nEUR<\/td>\n\n
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German Import Prices m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.1%<\/td>\n-0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:30am<\/td>\nGBP<\/td>\n\n
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Average Earnings Index 3m\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n2.6%<\/td>\n2.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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Unemployment Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n4.0%<\/td>\n4.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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Claimant Count Change<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n4.5K<\/td>\n8.7K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n\n
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Trade Balance<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n15.0B<\/td>\n12.8B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n\n
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ZEW Economic Sentiment<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-9.2<\/td>\n-7.2<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n\n
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German ZEW Economic Sentiment<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n-12.3<\/td>\n-10.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n6:00am<\/td>\nEUR<\/td>\n\n
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Italian Trade Balance<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n4.34B<\/td>\n5.68B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:15am<\/td>\nGBP<\/td>\n\n
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MPC Member Cunliffe Speaks<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
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Capacity Utilization Rate<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n78.2%<\/td>\n78.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
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Industrial Production m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n0.4%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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JOLTS Job Openings<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n6.90M<\/td>\n6.94M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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NAHB Housing Market Index<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n68<\/td>\n67<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00pm<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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TIC Long-Term Purchases<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n74.8B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:15pm<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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FOMC Member Daly Speaks<\/span><\/div>\n<\/td>\n
<\/td>\n<\/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! Equity markets ( emini indices for most of us) are VERY volatile. For some traders, it is not an easy task to say the least…. I have an automated […]<\/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-14556","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\/14556","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=14556"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14556\/revisions"}],"predecessor-version":[{"id":14557,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14556\/revisions\/14557"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}