{"id":19750,"date":"2024-05-13T12:25:52","date_gmt":"2024-05-13T20:25:52","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=19750"},"modified":"2024-05-13T12:25:52","modified_gmt":"2024-05-13T20:25:52","slug":"ppi-powell-tomorrow-levels-for-may-14th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/ppi-powell-tomorrow-levels-for-may-14th\/","title":{"rendered":"PPI, Powell Tomorrow + Levels for May 14th"},"content":{"rendered":"<div><span style=\"text-align: left;\">Get Real Time updates and more by joining our <a href=\"https:\/\/www.facebook.com\/groups\/1105191589938254\" target=\"_blank\" rel=\"noopener\">Private Facebook Group<\/a>!<\/span><\/div>\n<div><span style=\"text-align: left;\">Subscribe to our\u00a0<a href=\"https:\/\/www.youtube.com\/channel\/UCf-asPYp_40m1unYPKpUhaw\" target=\"_blank\" rel=\"noopener\">YouTube Channel<\/a><\/span><\/div>\n<div>Listen to our Market Recap Podcasts on <a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/cannon-trading-podcast\/id1741750047\" target=\"_blank\" rel=\"noopener\">Apple Podcasts<\/a><\/div>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-19751\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/05\/C53-300x199.jpg\" alt=\"\" width=\"650\" height=\"431\" title=\"\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/05\/C53-300x199.jpg 300w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/05\/C53.jpg 725w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Busy week ahead!<\/p>\n<p>Starting with tomorrow&#8217;s PPI and Powell speaking, followed by Wednesday higher impact CPI. Usually we have CPI comes out first followed by the PPI report.<\/p>\n<p>Below you will see a summary of this week&#8217;s meaningful reports.<\/p>\n<p>Volatility in <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/agriculture\/Cocoa-Futures\">Cocoa markets<\/a> continues with the market losing close to 20% in today&#8217;s session!! That is close to 18 full points or $18,000 per contract!!<\/p>\n<p><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/agriculture\/Coffee-Futures\">Coffee<\/a> is also experiencing higher than usual price swings and both are correlated to the Brazilian Real which is a legitimate, tradeable futures currency contract!<\/p>\n<p>&nbsp;<\/p>\n<p>If you are a day trader,\u00a0below you will see markets that our proprietary ALGO has identified as being more suitable for attacking either from the long side or the short side.<\/p>\n<p><a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener\">Questions? We are happy to help!<\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/8c6f36f4-ea7b-4f3e-af0e-25f5768a5d81.png\" alt=\"\" title=\"\"><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b2802d9-ccb0-432c-bda2-9f84b6441099.png\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/\"><img decoding=\"async\" src=\"https:\/\/ci4.googleusercontent.com\/proxy\/7kJuSXfr6c2EADmOeEAcM7mSso0u8a_i6X34OgYh_LR6D5TqLuPBwntxgg2tsaKqlZqaCFJEYHw3tJuMXrJ-0ikOkUdZqDGIZXxEvzi_I0U6GXWTXlTxPc6ieb-gK0j9aE_ScfcNVOKkCGyEHuDeVKU=s0-d-e1-ft#https:\/\/emailsignature.trustpilot.com\/newsletter\/en-US\/2\/581795fd0000ff000596d6a7\/stars.png\" alt=\"\" title=\"\"><\/a><\/p>\n<p align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/\"><img decoding=\"async\" src=\"https:\/\/ci6.googleusercontent.com\/proxy\/9Hnv4wEzz7dLV5tO6SrpnQPN9ZafvOmDqoWX2ZfX5qsMvk8MUPgrgLYiZHzlc1Z9GYxFfC5bfA_rDS7RBu_Bn3dtP3DtxhIoKpaPG8m4D9mnAE_3g8VpovlWeYzAugYr7M2YIR7AvM8vgYyklnF_4OyDTA=s0-d-e1-ft#https:\/\/emailsignature.trustpilot.com\/newsletter\/en-US\/2\/581795fd0000ff000596d6a7\/text@2x.png\" alt=\"\" title=\"\"><\/a><\/p>\n<p align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/e35cb555-9ff3-4f00-9fe8-0655b28fbd90.png\" alt=\"\" title=\"\"><\/p>\n<h3 style=\"text-align: center;\" align=\"center\">Daily Levels for May 13th, 2024<\/h3>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/17716062-7c90-495f-821b-2fcb2f44f70e.png\" alt=\"\" title=\"\"><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/www.cannontrading.com\/tools\/8-steps-to-successful-trading\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/b5b078e6-66c6-4fc3-8c02-baae8fe2ac51.jpg\" width=\"401\" height=\"401\" alt=\"\" title=\"\"><\/a><\/p>\n<div style=\"text-align: center;\" align=\"center\"><strong>Economic Reports<\/strong><\/div>\n<div style=\"text-align: center;\" align=\"center\">provided by:<a href=\"https:\/\/www.forexfactory.com\/\" target=\"_blank\" rel=\"noopener\" data-segment-action=\"add\" data-segment-id=\"436d64a0-dd7d-11e3-91c2-d4ae529a8639\">\u00a0<\/a><a href=\"https:\/\/www.forexfactory.com\/calendar?day=tomorrow\" target=\"_blank\" rel=\"noopener\">ForexFactory.com<\/a><\/div>\n<div style=\"text-align: center;\" align=\"center\">All times are Eastern Time ( New York)<\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: center;\" align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/de2f24a8-17a1-4ae8-8d8a-16d9f1e785a3.png\" alt=\"\" title=\"\"><\/div>\n<div style=\"text-align: center;\" align=\"center\"><\/div>\n<div style=\"text-align: center;\" align=\"center\"><\/div>\n<hr \/>\n<h2 style=\"text-align: center;\">Improve Your Trading Skills<\/h2>\n<p style=\"text-align: center;\">Get access to proprietary indicators and trading methods,\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile\" target=\"_blank\" rel=\"noopener noreferrer\">consult with an experienced broker<\/a> at 1-800-454-9572.<\/p>\n<p style=\"text-align: center;\">Explore trading methods.\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener noreferrer\">Register Here<\/a><\/p>\n<div style=\"margin-top: 30px; margin-bottom: 30px; align: left;\"><span style=\"text-align: left;\"><a href=\"https:\/\/secure.ironbeam.com\/openaccount\/index.aspx?src=316&amp;k=27817434\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b644da2-2bee-4d39-8d98-5208a20bec39.jpg\" width=\"258\" height=\"58\" alt=\"\" title=\"\"><\/a><\/span><\/div>\n<p style=\"text-align: left;\"><strong><em>* This is not a solicitation of any order to buy or sell, but a current market view provided by <a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon 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.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get Real Time updates and more by joining our Private Facebook Group! Subscribe to our\u00a0YouTube Channel Listen to our Market Recap Podcasts on Apple Podcasts &nbsp; &nbsp; Busy week ahead! Starting with tomorrow&#8217;s PPI and Powell speaking, followed by Wednesday higher impact CPI. Usually we have CPI comes out first followed by the PPI report. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-19750","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19750","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=19750"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19750\/revisions"}],"predecessor-version":[{"id":19752,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19750\/revisions\/19752"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=19750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=19750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=19750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}