{"id":18020,"date":"2022-10-05T12:25:18","date_gmt":"2022-10-05T20:25:18","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18020"},"modified":"2022-10-05T12:25:34","modified_gmt":"2022-10-05T20:25:34","slug":"wyntk-before-trading-tomorrow-oct-6th-futures-trading-levels-reports-more","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wyntk-before-trading-tomorrow-oct-6th-futures-trading-levels-reports-more\/","title":{"rendered":"WYNTK before trading tomorrow, Oct. 6th Futures Trading Levels, Reports & More!"},"content":{"rendered":"
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https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Bullet Points: Highlights and Announcements<\/h3>\n

With global recession risks rising, economic reports have become increasingly important and scrutinized and given the importance of the U.S. economy to the rest of the world\u2019s, our U.S. economic reports provide an important perspective.\u00a0On par with them are the ongoing uncertainty regarding Russia and related energy supply issues in Europe as well as the prevailing COVID-19 containment measures in mainland China.<\/p>\n

The next big scheduled event: this Friday\u2019s\u00a0monthly Non-farm payrolls report from the U.S. Labor Department.<\/p>\n

If you\u2019re a futures trader and your markets of choice to trade include stock indexes (S&P 500<\/a>,\u00a0Nasdaq<\/a>,\u00a0Dow Jones<\/a>,\u00a0Russell 2000<\/a>,\u00a0etc.), or treasuries (30-yr. T-bonds<\/a>,\u00a02-<\/a>,\u00a05-<\/a>,\u00a010-yr. T-notes<\/a>), currencies, even metals and energies, you know the importance this report. It\u2019s widely considered one of the most important and influential measures of the U.S. economy. To convey its findings, the Labor Dept.\u2019s Bureau of Labor Statistics surveys about 141,000 businesses and government agencies, representing approximately 486,000 individual work sites (the report excludes farm workers, private and domestic household employees and non-profit organization employees). The report also includes other detailed employment data including the overall unemployment rate \u2013 as a percentage of the total labor force that is unemployed but actively seeking work \u2013 wages, wage growth and average workday hours. The report is released at 7:30 A.M., Central Time. Economists polled expect non-farm payroll growth to slow from a 315K gain in August to 250K in September.<\/p>\n

Although it has proved to be a fairly unreliable precursor, this morning, the private payroll services firm ADP reported companies added 208,000 jobs for the month of September, slightly above the 200,000 economists polled by\u00a0Dow Jones<\/a>\u00a0estimated.<\/p>\n<\/div>\n

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