{"id":1912,"date":"2011-08-31T22:20:12","date_gmt":"2011-08-31T22:20:12","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=1912"},"modified":"2014-09-11T02:50:29","modified_gmt":"2014-09-11T10:50:29","slug":"higher-market-volatility-during-labor-day-weekend-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/higher-market-volatility-during-labor-day-weekend-support-and-resistance-levels\/","title":{"rendered":"Higher Market Volatility During Labor Day Weekend | Support and Resistance Levels"},"content":{"rendered":"

In this post:<\/span>
\n
\n1. Market Commentary
\n2. Support and Resistance Levels
\n3. Economic Reports
\n4. Highlighted Earnings Releases
\n<\/strong><\/p>\n

\"\"<\/p>\n

<\/p>\n

1. Market Commentary<\/h3>\n

Next two days are full of economic reports and ahead of Labor Day weekend.<\/p>\n

I expect even higher volatility the next two trading days.<\/p>\n

Wishing you a great trading month in September.<\/p>\n

Our weekly newsletter<\/a>, includes a good article on volume\/ open interest along with Holiday Trading Hours.<\/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

\"\"<\/p>\n

<\/p>\n

2. Support and Resistance Levels!<\/h2>\n\n\n\n\n\n\n\n\n\n\n\n
Contract (Sept. 2011)<\/td>\nSP500 (big & Mini)<\/td>\nNasdaq100 (big & Mini)<\/td>\nDow Jones (big & Mini)<\/td>\nMini Russell<\/td>\n<\/tr>\n<\/thead>\n
Resistance 3<\/strong><\/td>\n1244.33<\/td>\n2300.83<\/td>\n11823<\/td>\n755.33<\/td>\n<\/tr>\n
Resistance 2<\/strong><\/td>\n1231.42<\/td>\n2275.17<\/td>\n11721<\/td>\n743.47<\/td>\n<\/tr>\n
Resistance 1<\/strong><\/td>\n1219.83<\/td>\n2252.58<\/td>\n11620<\/td>\n734.03<\/td>\n<\/tr>\n
Pivot<\/strong><\/td>\n1206.92<\/td>\n2226.92<\/td>\n11518<\/td>\n722.17<\/td>\n<\/tr>\n
Support 1<\/strong><\/td>\n1195.33<\/td>\n2204.33<\/td>\n11417<\/td>\n712.73<\/td>\n<\/tr>\n
Support 2<\/strong><\/td>\n1182.42<\/td>\n2178.67<\/td>\n11315<\/td>\n700.87<\/td>\n<\/tr>\n
Support 3<\/strong><\/td>\n1170.83<\/td>\n2156.08<\/td>\n11214<\/td>\n691.43<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nDec. Gold<\/td>\nSept. Euro<\/td>\nOct. Crude Oil<\/td>\nDec. Bonds<\/td>\n<\/tr>\n<\/thead>\n
Resistance 3<\/strong><\/td>\n1865.0<\/td>\n1.4672<\/td>\n92.56<\/td>\n138 10\/32<\/td>\n<\/tr>\n
Resistance 2<\/strong><\/td>\n1850.7<\/td>\n1.4601<\/td>\n90.88<\/td>\n137 29\/32<\/td>\n<\/tr>\n
Resistance 1<\/strong><\/td>\n1845.6<\/td>\n1.4522<\/td>\n89.81<\/td>\n137 16\/32<\/td>\n<\/tr>\n
Pivot<\/strong><\/td>\n1831.3<\/td>\n1.4451<\/td>\n88.13<\/td>\n137 3\/32<\/td>\n<\/tr>\n
Support 1<\/strong><\/td>\n1826.2<\/td>\n1.4372<\/td>\n87.06<\/td>\n136 22\/32<\/td>\n<\/tr>\n
Support 2<\/strong><\/td>\n1811.9<\/td>\n1.4301<\/td>\n85.38<\/td>\n136 9\/32<\/td>\n<\/tr>\n
Support 3<\/strong><\/td>\n1806.8<\/td>\n1.4222<\/td>\n84.31<\/td>\n135 28\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"\"<\/p>\n

<\/p>\n

3. Economic Reports Thursday September 1st, 2011<\/h3>\n

Unemployment Claims
\n8:30am USD<\/p>\n

Revised Nonfarm Productivity q\/q
\n8:30am USD<\/p>\n

Revised Unit Labor Costs q\/q
\n8:30am USD<\/p>\n

ISM Manufacturing PMI
\n10:00am USD<\/p>\n

Construction Spending m\/m
\n10:00am USD<\/p>\n

ISM Manufacturing Prices
\n10:00am USD<\/p>\n

Natural Gas Storage
\n10:30am USD<\/p>\n

Total Vehicle Sales
\nAll Day USD<\/p>\n

FOMC Member Duke Speaks
\n12:00pm USD<\/p>\n

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

\"\"<\/p>\n

<\/p>\n

4. Today’s Highlighted Earnings Releases<\/h3>\n\n\n\n\n\n\n\n\n\n\n
SYMBOL<\/td>\nCOMPANY<\/td>\nEVENT TITLE<\/td>\nEPS ESTIMATE<\/td>\nEPS ACTUAL<\/td>\nPREV. YEAR ACTUAL<\/td>\nDATE\/TIME (ET)<\/td>\n<\/tr>\n<\/thead>\n
SAI<\/td>\nSaic Inc<\/strong><\/td>\nQ2 2012 SAIC Inc Earnings Release<\/td>\n$ 0.35<\/td>\nn\/a<\/td>\n$ 0.42<\/td>\n31-Aug AMC<\/td>\n<\/tr>\n
BF.B<\/td>\nBrown Forman Corp<\/strong><\/td>\nQ1 2012 Brown-Forman Corporation Earnings Release<\/td>\nn\/a<\/td>\nn\/a<\/td>\nn\/a<\/td>\n31-Aug BMO<\/td>\n<\/tr>\n
JOYG<\/td>\nJoy Global Inc<\/strong><\/td>\nQ3 2011 Joy Global Inc Earnings Release<\/td>\n$ 1.53<\/td>\nn\/a<\/td>\n$ 1.13<\/td>\n31-Aug BMO<\/td>\n<\/tr>\n
CJES<\/td>\nC&J Energy Services Inc<\/td>\nQ2 2011 C&J Energy Services Inc Earnings Release<\/td>\nn\/a<\/td>\nn\/a<\/td>\nn\/a<\/td>\n31-Aug AMC<\/td>\n<\/tr>\n
CWTR<\/td>\nColdwater Creek Inc<\/td>\nQ2 2011 Coldwater Creek Inc Earnings Release<\/td>\n-$ 0.22<\/td>\nn\/a<\/td>\n$ 0.02<\/td>\n31-Aug AMC<\/td>\n<\/tr>\n
GCO<\/td>\nGenesco Inc<\/td>\nQ2 2012 Genesco Inc Earnings Release<\/td>\n$ 0.10<\/td>\nn\/a<\/td>\n-$ 0.02<\/td>\n31-Aug<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

In this post: 1. Market Commentary 2. Support and Resistance Levels 3. Economic Reports 4. Highlighted Earnings Releases 1. Market Commentary Next two days are full of economic reports and ahead of Labor Day weekend. I expect even higher volatility the next two trading days. Wishing you a great trading month in September. Our weekly […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,61],"tags":[519,515,49],"class_list":["post-1912","post","type-post","status-publish","format-standard","hentry","category-futures-exchange","category-futures-trading-2","tag-labor-day-weekend","tag-market-volatility","tag-support-and-resistance-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/1912","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=1912"}],"version-history":[{"count":15,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/1912\/revisions"}],"predecessor-version":[{"id":1977,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/1912\/revisions\/1977"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=1912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=1912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=1912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}