{"id":1875,"date":"2011-08-23T22:01:53","date_gmt":"2011-08-23T22:01:53","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=1875"},"modified":"2014-09-11T02:33:38","modified_gmt":"2014-09-11T10:33:38","slug":"futures-trading-levels-stock-indeces-bounce-back","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-stock-indeces-bounce-back\/","title":{"rendered":"Futures Trading Levels, Stock Indeces Bounce Back"},"content":{"rendered":"

Strong bounce on stock indices today across the board. As one can see, market is volatile and one day it seems the market just can’t stop selling, the next it flips around and runs higher….part of volatility, part of uncertainty, fear and greed.<\/p>\n

the only advice I can share at this point is be ready for the unexpected. Know yourself, what your goals are out of each trade, how much risk tolerance you have the stomach for and then and only then decide on a trading strategy.<\/p>\n

Levels to be aware of as volatility will resume in the mini S&P 500 below:<\/p>\n

Daily Futures chart of the S&P 500 from August 23rd, 2011<\/h2>\n

\"Daily<\/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. 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

GOOD TRADING!<\/p>\n

TRADING LEVELS!<\/h2>\n

\"Commodity<\/p>\n

Economic Reports Wednesday August 24th, 2011<\/h2>\n

Core Durable Goods Orders m\/m
\n8:30am USD<\/p>\n

Durable Goods Orders m\/m
\n8:30am USD<\/p>\n

OFHEO HPI m\/m
\n10:00am USD<\/p>\n

Crude Oil Inventories
\n10:30am USD<\/p>\n

Economics Report Source: http:\/\/www.forexfactory.com\/calendar.php<\/a><\/em><\/p>\n

\"\"<\/p>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc.<\/a> Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, 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 judgment in trading!<\/p>\n","protected":false},"excerpt":{"rendered":"

Strong bounce on stock indices today across the board. As one can see, market is volatile and one day it seems the market just can’t stop selling, the next it flips around and runs higher….part of volatility, part of uncertainty, fear and greed. the only advice I can share at this point is be ready […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61,344],"tags":[16,513],"class_list":["post-1875","post","type-post","status-publish","format-standard","hentry","category-futures-trading-2","category-indices","tag-futures-trading","tag-stock-indeces"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/1875","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=1875"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/1875\/revisions"}],"predecessor-version":[{"id":8100,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/1875\/revisions\/8100"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=1875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=1875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=1875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}