{"id":17721,"date":"2022-05-09T12:32:46","date_gmt":"2022-05-09T20:32:46","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17721"},"modified":"2022-05-09T12:32:46","modified_gmt":"2022-05-09T20:32:46","slug":"inflation-the-markets-futures-support-and-resistance-levels-5-10-2022","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/inflation-the-markets-futures-support-and-resistance-levels-5-10-2022\/","title":{"rendered":"Inflation & the Markets + Futures Support and Resistance Levels 5.10.2022"},"content":{"rendered":"
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Get Real Time updates and\u00a0more on our private FB group!<\/div>\n
https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Inflation & the Commodity Markets<\/h1>\n
by John Thorpe, Senior Broker<\/div>\n
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There are a number of characterizations of inflation in the business press and social media some related to the speed of inflation as in Creeping Inflation or Moderate inflation even hyper inflation and may be used as adequate adjectives, but these don’t describe what the causes of inflation are of which there can be many.<\/div>\n
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This Wednesday , CPI or the Consumer Price Index will be published at 8:30 am EDT an often quoted measure of Inflation but not the one the FRB uses to guide interest rate decisions, they choose to focus on the PCE or the Personal Consumption Expenditures Price Index. The Market will focus on both. If you recall last month the CPI showed the largest monthly advance in 42 years. The consensus from Econoday.com is for an 8.1 % Rate, with a much smaller incremental increase than the previous tally. Heading into that number Gold prices<\/a> had been rallying for 3 successive days and experienced a 20 dollar rally continuing the move and added an additional 2 days of inertia before the peak on April 18th and subsequent sell-off , nearly a month later the\u00a0Gold market\u00a0<\/a>seemingly is telling us that the consensus for CPI will be correct as reflected in weaker gold prices. If you watch the gold market watch the reaction to CPI on Wednesday morning. If CPI is Higher than the consensus and gold rally’s and holds those gains into the 1:30 pm EDT zone, then the recent lows in my view are in.<\/div>\n
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As for the causes of inflation, today we are in what economists call Demand – Pull inflation. This is when the aggregate demand for goods and services in an economy exceeds the aggregate supply. This concept is associated with full employment when adjusting the supply of goods and services is either not possible, or difficult to achieve in a timely manner. Always have a plan to manage the risk in your trades before you employ your strategy, Plan your trade and Trade your plan<\/div>\n
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\u00a0If you have any questions\u00a0please contact your broker!<\/a><\/div>\n
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Click on chart below for\u00a0LARGER IMAGE – Gold Daily Chart<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n
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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 when it comes to Futures Trading.<\/p>\n

Futures Trading Levels<\/strong><\/h3>\n

05-10-2022<\/p>\n

\"Futures<\/p>\n

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Improve Your Trading Skills<\/h2>\n
Get access to proprietary indicators and trading methods,\u00a0consult with an experienced broker<\/a><\/div>\n
\u00a01-800-454-9572\u00a0Explore trading methods.\u00a0Register Here<\/a><\/div>\n


\n<\/a>Economic Reports, Source:\u00a0<\/strong><\/h3>\n

Forexfactory.com<\/a><\/p>\n

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\"ForexFactory.com<\/p>\n

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This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. 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":"

Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Inflation & the Commodity Markets by John Thorpe, Senior Broker There are a number of characterizations of inflation in the business press and social media some related to the speed of inflation as in Creeping Inflation or Moderate inflation even hyper inflation and may […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1334,67],"tags":[],"class_list":["post-17721","post","type-post","status-publish","format-standard","hentry","category-gold-futures","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17721","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=17721"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17721\/revisions"}],"predecessor-version":[{"id":17722,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17721\/revisions\/17722"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}