{"id":14558,"date":"2018-10-16T12:17:10","date_gmt":"2018-10-16T20:17:10","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14558"},"modified":"2018-10-16T12:17:10","modified_gmt":"2018-10-16T20:17:10","slug":"earnings-season-full-affect-trading-levels-10-17-2018","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/earnings-season-full-affect-trading-levels-10-17-2018\/","title":{"rendered":"Earnings season in full affect + Trading Levels for 10.17.2018"},"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

____________________________________________________________________<\/span><\/b><\/em><\/p>\n

Dear Traders,<\/p>\n

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We have FOMC minutes, crude oil report, building permits, housing and a few more reports coming out tomorrow. make sure you are aware of the markets you are trading, the reports that come out that affect these specific markets as well as the overall longer term shape of the market, current volatility.<\/div>\n
Our brokers have EXPERIENCE in these markets and have seen many different events, cycles and more. Feel free to utilize this priceless asset.<\/div>\n
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Last but not least, this is earning season!<\/div>\n
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Please read below from yesterday once again….<\/strong><\/div>\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<\/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

10-17-2018<\/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>\n2908.92<\/td>\n7703.08<\/td>\n26624<\/td>\n1670.50<\/td>\n6595.67<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2862.58<\/td>\n7520.42<\/td>\n26215<\/td>\n1636.10<\/td>\n6543.33<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2838.17<\/td>\n7428.83<\/td>\n25985<\/td>\n1617.30<\/td>\n6494.07<\/td>\n<\/tr>\n
Pivot<\/td>\n2791.83<\/td>\n7246.17<\/td>\n25576<\/td>\n1582.90<\/td>\n6441.73<\/td>\n<\/tr>\n
Support 1<\/td>\n2767.42<\/td>\n7154.58<\/td>\n25346<\/td>\n1564.10<\/td>\n6392.47<\/td>\n<\/tr>\n
Support 2<\/td>\n2721.08<\/td>\n6971.92<\/td>\n24937<\/td>\n1529.70<\/td>\n6340.13<\/td>\n<\/tr>\n
Support 3<\/td>\n2696.67<\/td>\n6880.33<\/td>\n24707<\/td>\n1510.90<\/td>\n6290.87<\/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>\n1241.8<\/td>\n15.07<\/td>\n73.70<\/td>\n139\u00a0 6\/32<\/td>\n1.1725<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1238.8<\/td>\n14.97<\/td>\n72.99<\/td>\n138 29\/32<\/td>\n1.1701<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1233.5<\/td>\n14.83<\/td>\n72.45<\/td>\n138 22\/32<\/td>\n1.1668<\/td>\n<\/tr>\n
Pivot<\/td>\n1230.5<\/td>\n14.73<\/td>\n71.74<\/td>\n138 13\/32<\/td>\n1.1645<\/td>\n<\/tr>\n
Support 1<\/td>\n1225.2<\/td>\n14.59<\/td>\n71.20<\/td>\n138\u00a0 6\/32<\/td>\n1.1612<\/td>\n<\/tr>\n
Support 2<\/td>\n1222.2<\/td>\n14.49<\/td>\n70.49<\/td>\n137 29\/32<\/td>\n1.1588<\/td>\n<\/tr>\n
Support 3<\/td>\n1216.9<\/td>\n14.35<\/td>\n69.95<\/td>\n137 22\/32<\/td>\n1.1555<\/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>\n379.7<\/td>\n532.7<\/td>\n898.75<\/td>\n332.40<\/td>\n3.40<\/td>\n<\/tr>\n
Resistance 2<\/td>\n378.1<\/td>\n529.8<\/td>\n893.75<\/td>\n329.70<\/td>\n3.36<\/td>\n<\/tr>\n
Resistance 1<\/td>\n376.7<\/td>\n526.7<\/td>\n889.25<\/td>\n326.00<\/td>\n3.30<\/td>\n<\/tr>\n
Pivot<\/td>\n375.1<\/td>\n523.8<\/td>\n884.25<\/td>\n323.30<\/td>\n3.25<\/td>\n<\/tr>\n
Support 1<\/td>\n373.7<\/td>\n520.7<\/td>\n879.8<\/td>\n319.6<\/td>\n3.2<\/td>\n<\/tr>\n
Support 2<\/td>\n372.1<\/td>\n517.8<\/td>\n874.75<\/td>\n316.90<\/td>\n3.15<\/td>\n<\/tr>\n
Support 3<\/td>\n370.7<\/td>\n514.7<\/td>\n870.25<\/td>\n313.20<\/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\n\n\n\n
Date<\/th>\n3:58pm<\/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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WedOct 17<\/span><\/td>\n4:30am<\/td>\nGBP<\/td>\n\n
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CPI y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n2.6%<\/td>\n2.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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PPI Input m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.9%<\/td>\n0.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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RPI y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n3.5%<\/td>\n3.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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Core CPI y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n2.0%<\/td>\n2.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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FPC Meeting Minutes<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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HPI y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n3.5%<\/td>\n3.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n\n
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PPI Output m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n\n
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Final CPI 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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Final Core CPI y\/y<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.9%<\/td>\n0.9%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nDay 1<\/td>\nEUR<\/td>\n\n
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EU Economic Summit<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n\n
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German 30-y Bond Auction<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n1.10|2.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n\n
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Building Permits<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n1.28M<\/td>\n1.25M<\/span><\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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Housing Starts<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n1.21M<\/td>\n1.28M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:30am<\/td>\nGBP<\/td>\n\n
<\/div>\n<\/td>\n
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CB Leading Index m\/m<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n-0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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Crude Oil Inventories<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.6M<\/td>\n6.0M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n12:10pm<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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FOMC Member Brainard Speaks<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n12:30pm<\/td>\nEUR<\/td>\n\n
<\/div>\n<\/td>\n
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German Buba President Weidmann Speaks<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n1:00pm<\/td>\nGBP<\/td>\n\n
<\/div>\n<\/td>\n
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MPC Member Broadbent Speaks<\/span><\/div>\n<\/td>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:00pm<\/td>\nUSD<\/td>\n\n
<\/div>\n<\/td>\n
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FOMC Meeting Minutes<\/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! We have FOMC minutes, crude oil report, building permits, housing and a few more reports coming out tomorrow. make sure you are aware of the markets you are trading, […]<\/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-14558","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\/14558","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=14558"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14558\/revisions"}],"predecessor-version":[{"id":14559,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14558\/revisions\/14559"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}