{"id":18369,"date":"2023-04-03T12:51:00","date_gmt":"2023-04-03T20:51:00","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18369"},"modified":"2023-04-03T12:55:11","modified_gmt":"2023-04-03T20:55:11","slug":"the-week-ahead-04-04-2023-trading-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/the-week-ahead-04-04-2023-trading-levels\/","title":{"rendered":"The Week Ahead + 04.04.2023 Trading Levels"},"content":{"rendered":"
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Get Real Time updates and more on our private FB group!<\/span><\/div>\n
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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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The Week ahead by John Thorpe, Senior Broker<\/h3>\n

Primarily labor department data.<\/p>\n

A big Note, BIG.. Good Friday is the same day as the Non Farm Payrolls release<\/p>\n

The cash equities will be closed but the Futures will be open for the report and only 45 minutes after!<\/p>\n

That\u2019s right,\u00a0just 45 minutes for the market to absorb the jobs data.<\/p>\n

NonFarm Payrolls will be released @ 8;30 ET and the market is closing\u00a0@ 9:15 ET until a Sunday night reopen<\/p>\n

The bonds will be open until 10.15ET<\/p>\n

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The focus in the April 3 week will be on labor market data, just how tight employment remained at the end of the first quarter 2023 and what that means for the economic outlook and monetary policy.<\/p>\n

Note that April 7 \u2013 Good Friday \u2013 is not a federal holiday in the US. However, there is an early close at 2:00 ET that day for the capital markets; the stock market will have a full close.<\/p>\n

The February JOLTS report at 10:00 ET on Tuesday It will almost certainly show the number of people voluntarily quitting a job is declining as the imbalances in the labor market improve.<\/p>\n

The ADP national employment report for March at 8:15 ET on Wednesday should indicate where private payrolls are growing. tech companies and some financial services may be weaker. Also important to note will be if wage growth is easing up.<\/p>\n

The Challenger report for March at 7:30 ET on Thursday will highlight the sectors where layoffs announcements are taking place. In recent months it has been the tech sector that has dominated the story, but the February report hinted that layoffs are becoming more broad-based due to deteriorating business conditions.<\/p>\n

The employment situation for March at 8:30 ET on Friday is expected to show that payrolls continued to rise at a healthy pace, although not as quickly as in January and February. March payrolls can be tricky to seasonally adjust due to the timing of spring breaks for various school systems and the Easter\/Passover observances.<\/p>\n

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Plan your trade and trade your plan.\u00a0<\/a><\/p>\n

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Good Friday Hours for this Friday Below:<\/strong><\/p>\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

for 04-04-2023<\/p>\n

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\"#ES,
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\n<\/div>\n<\/div>\n

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

Forexfactory.com<\/a><\/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 more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ The Week ahead by John Thorpe, Senior Broker Primarily labor department data. A big Note, BIG.. Good Friday is the same day as the Non Farm Payrolls release The cash equities will be closed but the Futures will be open for the report […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,231,230,782,30,3,61],"tags":[1481,1480,1475,1471,1469,1467,1468,1474,1472,1477,1478,1476,1479,1470,1473,1172,1239,40,627,1277,36],"class_list":["post-18369","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-commodity-brokers-2","category-day-trading-2","category-economic-trading","category-futures-broker-2","category-futures-exchange","category-futures-trading-2","tag-cbot","tag-comex","tag-commoditiesmarket","tag-commoditiestrader","tag-commoditytrading","tag-crudeoil","tag-daytrader","tag-futuresmarket","tag-futurestrader","tag-kcbt","tag-mgex","tag-nymex","tag-smfe","tag-stockindices","tag-swingtrader","tag-cme","tag-commodities","tag-daytrading","tag-futures","tag-globex","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18369","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=18369"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18369\/revisions"}],"predecessor-version":[{"id":18371,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18369\/revisions\/18371"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}