{"id":17753,"date":"2022-05-23T12:28:02","date_gmt":"2022-05-23T20:28:02","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17753"},"modified":"2022-05-23T12:28:02","modified_gmt":"2022-05-23T20:28:02","slug":"how-will-the-markets-react-to-new-data-support-and-resistance-levels-5-23-2022","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/how-will-the-markets-react-to-new-data-support-and-resistance-levels-5-23-2022\/","title":{"rendered":"How will the markets react to New Data? & Support and Resistance Levels 5.23.2022"},"content":{"rendered":"
\n
\n
<\/div>\n
\n
\n
<\/div>\n
\n
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
\n
\n
\n
\n
<\/div>\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n
\n
\n
\n
\n
\n
\n
\n
\n

The market\u2019s Hypersensitivity to new data and the week in store<\/h1>\n
By John Thorpe<\/div>\n
<\/div>\n
This is a busy week for tea leaf releases on the US economy,\u00a0\u00a0we won\u2019t see CPI nor will be get the grand Unemployment numbers that come out the first Friday of every month.<\/div>\n
<\/div>\n
Both of those numbers rank as the two most\u00a0equity and Bond market impactful reports released by the US.\u00a0Right behind those numbers however will be stirring their equity index drink this week,<\/div>\n
<\/div>\n
2022 Economic Calendar (econoday.com)<\/a><\/div>\n
Tomorrow, May 24th<\/div>\n
8:45 am CT PMI Flash\u00a0( what will be the acceleration or deceleration of private sector output\u00a0for May? )<\/div>\n
9:00 CT New Home Sales ( are raising interest rates impacting new sales? If so , to what degree?)<\/div>\n
11:20 CT\u00a0\u00a0Fed Chair Jerome Powell speaks at NCAIED 2022 Reservation Economic Summit..( I\u2019ll remind everyone , no matter the venue, when the Fed Chair speaks\u00a0the market is listening)<\/div>\n
Wednesday<\/div>\n
7:30 Durable Goods orders!<\/div>\n
9:30 EIA petroleum numbers..\u00a0(crude can sway the indices..\u00a0how are the energy related stocks responding)<\/div>\n
Thursday<\/div>\n
7:30 CT GDP\u00a0\u00a0(this is the second estimate of the 1st\u00a0quarter level of US economic activity)<\/div>\n
And\u00a0Jobless claims ! this will be a very busy start to the day\u2026<\/div>\n
<\/div>\n
Be aware of these release times and your positions during these times,\u00a0adjust your size appropriately to heightened risk..\u00a0also look for intraday trend shifts following these impactful numbers,<\/div>\n
Good Trading!<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n
<\/div>\n
\n
\n
<\/div>\n<\/div>\n<\/div>\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 when it comes to Futures Trading.<\/p>\n

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

05-24-2022<\/p>\n

\"\"<\/p>\n

 <\/p>\n

 <\/p>\n

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

\n
\n
\n
\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

\"\"<\/p>\n

 <\/p>\n

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\/ The market\u2019s Hypersensitivity to new data and the week in store By John Thorpe This is a busy week for tea leaf releases on the US economy,\u00a0\u00a0we won\u2019t see CPI nor will be get the grand Unemployment numbers that come out the first Friday […]<\/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-17753","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\/17753","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=17753"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17753\/revisions"}],"predecessor-version":[{"id":17754,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17753\/revisions\/17754"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}