{"id":20320,"date":"2024-10-09T20:24:28","date_gmt":"2024-10-09T20:24:28","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=20320"},"modified":"2024-10-09T20:24:28","modified_gmt":"2024-10-09T20:24:28","slug":"crude-oil-rally-targets-amidst-busy-day-of-cpi-natural-gas-and-30-year-auction","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/crude-oil-rally-targets-amidst-busy-day-of-cpi-natural-gas-and-30-year-auction\/","title":{"rendered":"Crude Oil Rally Targets Amidst Busy Day of CPI, Natural Gas, and 30-Year Auction"},"content":{"rendered":"\n

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CPI numbers, Natural gas numbers, 30 year auction and more on a busy day tomorrow!  <\/strong><\/p>\n\n\n\n

Ask a Broker: What is Day Trading Futures? watch below!<\/strong><\/p>\n\n\n\n

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November Crude Oil<\/strong><\/p>\n\n\n\n

November crude oil completed its first upside PriceCount objective to the $78 area and is correcting with a reversal trade. IF the chart can resume its rally with new sustained highs, the second count would project a possible run to the 82.76 area.<\/p>\n\n\n\n

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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 www.qtchartoftheday.com<\/a><\/p>\n\n\n\n

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\n\n\n

Daily Levels for October 10, 2024<\/h3>\n\n\n\n
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Economic Reports<\/strong><\/p>\n\n\n\n

provided by: <\/a>ForexFactory.com<\/a><\/p>\n\n\n\n

All times are Eastern Time ( New York)<\/p>\n\n\n\n

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Get access to proprietary indicators and trading methods, consult with an experienced broker<\/a> at 1-800-454-9572.<\/p>\n\n\n\n

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* 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 here in 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 judgement in trading.<\/em><\/strong>   #Equities, #Consolidation phase, #Interest rates, #Precious metals, #Gold, #Silver, #US Dollar, #Crude oil prices, #HurricaneHelene, #Middle East tensions, #Chinese stimulus, #Redbook US Retail Sales, #Case Schiller US Metro-Area Home Prices, #Richmond Fed Manufacturing Index, #Service Sector Index, #Consumer Confidence, #New Home Sales, #Micron Technology<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Get Real Time updates and more by joining our Private Facebook Group! Subscribe to our YouTube Channel Listen to our Market Recap Podcasts on Apple Podcasts CPI numbers, Natural gas numbers, 30 year auction and more on a busy day tomorrow!   Ask a Broker: What is Day Trading Futures? watch below! November Crude Oil November crude […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20320","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/20320","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=20320"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/20320\/revisions"}],"predecessor-version":[{"id":20327,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/20320\/revisions\/20327"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=20320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=20320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=20320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}