{"id":19953,"date":"2024-07-19T12:07:43","date_gmt":"2024-07-19T20:07:43","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=19953"},"modified":"2024-07-19T12:07:43","modified_gmt":"2024-07-19T20:07:43","slug":"what-you-need-to-know-for-trading-the-week-ahead-levels-for-july-22nd","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/what-you-need-to-know-for-trading-the-week-ahead-levels-for-july-22nd\/","title":{"rendered":"What you need to know for trading the week ahead  + Levels for July 22nd"},"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-19918\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/07\/C75-300x171.jpg\" alt=\"\" width=\"606\" height=\"345\" title=\"\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/07\/C75-300x171.jpg 300w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/07\/C75-768x438.jpg 768w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/07\/C75.jpg 841w\" sizes=\"auto, (max-width: 606px) 100vw, 606px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h3>The Week Ahead by John Thorpe, Senior Broker<\/h3>\n<p>Economic Data :<\/p>\n<ul>\n<li>Mon. Chi Fed Natl Activity index,<\/li>\n<li>Tues. Redbook, Existing Home Sales<\/li>\n<li>Wed. Bldg Permits, Trade Balance, Retail\/Wholesale Inventories , PMI, New Home Sales.<\/li>\n<li>Thu. Durable Goods, GDP and Jobless Claims<\/li>\n<li>Fri. Core PCE, Mich. Consumer Sentiment<\/li>\n<\/ul>\n<p>Earnings Reports:<\/p>\n<ul>\n<li>Tues. A.M. UPS &#8211; P.M. Google, Tesla, Visa, Texas Instruments<\/li>\n<li>Wed. A.M. CME &#8211; P.M. IBM, Qualcom<\/li>\n<\/ul>\n<p>Fed Speakers:<\/p>\n<ul>\n<li>Just one this week that we know of, Wed, Bowman @3:05 P.M. Central<\/li>\n<\/ul>\n<p>&nbsp;<\/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>&nbsp;<\/p>\n<h3>Hot Market Report &#8211; October Lean Hogs<\/h3>\n<p>Hot market of the week is provided by QT Market Center,\u00a0A Swiss army knife charting package that&#8217;s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/tgda54bab.cc.rs6.net\/tn.jsp?f=001Wsxh7hdUlvv4vEHJCNGp05-fWAnM9ucVtADZtb3KHgOeG2Z8Uq0AQ5N8p_ZdzyJUjRUTXHeCMdtw3SlH6Zn6WihCJWpgCDmIK7ThXo8c-Kyn1SYgbSA9pLzgLydu8PpVn0jWZNv5EsUJ2wzRgkZ1fq5nGE90Av98vLfhky-x7jVofT9cOUZ3e7y2R8VqTx3U&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">FREE TRIAL AVAILABLE<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>October Lean Hogs<\/p>\n<p>&nbsp;<\/p>\n<p>October lean hogs finally stabilized their extended slide and activated upside PriceCount objectives on the correction higher. The recovery rally has accelerated and is approaching the second upside PriceCount objective to the 75.62 area.<\/p>\n<p>PriceCounts &#8211; Not about where we&#8217;ve been , but where we might be going next!<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/8fafce39-c011-4938-9491-3436a4746ef7.png\" alt=\"\" title=\"\"><\/p>\n<p>The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an \u2018exact\u2019 science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at\u00a0<a href=\"https:\/\/tgda54bab.cc.rs6.net\/tn.jsp?f=001Wsxh7hdUlvv4vEHJCNGp05-fWAnM9ucVtADZtb3KHgOeG2Z8Uq0AQ7CkbOlYnfKGzlYl81dfVumE7z9TeV9gBSaHGSGT0JwrbViDo0PzJ44wMwkS2bYisF9CXsApvSpOU3pWIMBpxcaNtm8d4GVOrNAcK1zBXyqX&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">www.qtchartoftheday.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.\u00a0The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an \u2018exact\u2019 science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at\u00a0<a href=\"https:\/\/tgda54bab.cc.rs6.net\/tn.jsp?f=001Wsxh7hdUlvv4vEHJCNGp05-fWAnM9ucVtADZtb3KHgOeG2Z8Uq0AQ7CkbOlYnfKGzlYl81dfVumE7z9TeV9gBSaHGSGT0JwrbViDo0PzJ44wMwkS2bYisF9CXsApvSpOU3pWIMBpxcaNtm8d4GVOrNAcK1zBXyqX&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">www.qtchartoftheday.com<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.<\/p>\n<h3 align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/services\/TextAlerts\"><img decoding=\"async\" src=\"https:\/\/www.cannontrading.com\/services\/images\/textalertsbanner.jpg\" alt=\"textalertsbanner image\" title=\"\"><\/a><\/h3>\n<h3 style=\"text-align: center;\" align=\"center\">Daily Levels for July 22nd, 2024<\/h3>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-19955\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/07\/Daily-Levles-7.22-256x300.png\" alt=\"\" width=\"513\" height=\"601\" title=\"\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/07\/Daily-Levles-7.22-256x300.png 256w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/07\/Daily-Levles-7.22.png 607w\" sizes=\"auto, (max-width: 513px) 100vw, 513px\" \/><\/p>\n<p>&nbsp;<\/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\/ef8657f1-3e69-430a-b1fa-7666a02f6a3f.png\" alt=\"\" title=\"\"><\/div>\n<div align=\"center\"><\/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; The Week Ahead by John Thorpe, Senior Broker Economic Data : Mon. Chi Fed Natl Activity index, Tues. Redbook, Existing Home Sales Wed. Bldg Permits, Trade Balance, Retail\/Wholesale [&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-19953","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19953","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=19953"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19953\/revisions"}],"predecessor-version":[{"id":19957,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19953\/revisions\/19957"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=19953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=19953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=19953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}