{"id":21796,"date":"2025-06-12T13:25:50","date_gmt":"2025-06-12T20:25:50","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=21796"},"modified":"2025-06-12T13:25:50","modified_gmt":"2025-06-12T20:25:50","slug":"michigan","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/michigan\/","title":{"rendered":"U of Michigan Consumer Sentiment, Inflation Expectations; July Ethanol – Your 3 Important Need-To-Knows for Trading Futures on June 13th, 2025"},"content":{"rendered":"

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Univ. of Michigan Numbers<\/h1>\n

By Ilan Levy-Mayer, VP<\/em><\/h3>\n

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U of Michigan NEED-TO-KNOWS<\/h2>\n

Prelim UoM Consumer Sentiment<\/p>\n

Prelim UoM Inflation Expectations<\/p>\n

Source\u00a0University of Michigan<\/a>\u00a0(latest release<\/a>)<\/p>\n

Measures\u00a0Percentage that consumers expect the price of goods and services to change during the next 12 months;<\/p>\n

Usual Effect\u00a0‘Actual’ greater than ‘Forecast’ is good for currency;<\/p>\n

Frequency\u00a0Released monthly, around the middle of the current month;<\/p>\n

Next Release Jul 18, 2025<\/a><\/p>\n

FF Notes\u00a0There are 2 versions of this data released 14 days apart \u2013 Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact;<\/p>\n

Why Traders\u00a0Care\u00a0Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise;<\/p>\n

Derived Via\u00a0Survey of about 420 consumers which asks respondents where they expect prices to be 12 months in the future<\/p>\n

;Acro Expand\u00a0University of Michigan (UoM);<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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July Ethanol<\/h1>\n

February top formed a tough resistance and the failure to break higher activated a downside PriceCount with first target at 1.63<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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. <\/em><\/p>\n

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<\/em><\/p>\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.<\/em>\u200a<\/span><\/p>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Daily Levels for June 13th, 2025<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Want to feature our updated trading levels on your website?\u00a0Simply paste a small code, and they’ll update automatically every day!\u00a0<\/span><\/em><\/h3>\n

Click here for quick and easy instructions<\/a>.<\/span><\/em><\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Economic Reports<\/h1>\n

provided by:\u00a0<\/a>ForexFactory.com<\/a><\/p>\n

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Find us on Trustpilot<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0<\/em><\/p>\n

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. <\/em><\/p>\n

Opinions, market data, and recommendations are subject to change at any time.<\/em><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Call Now<\/a><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Cannon Trading Co., Inc.<\/span><\/em><\/p>\n

12100 Wilshire Blvd.<\/span><\/em><\/p>\n

Suite 1640<\/span><\/em><\/p>\n

Los Angeles, CA 90025 US<\/span><\/em><\/p>\n

1(800)454-9572<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Univ. of Michigan Numbers By Ilan Levy-Mayer, VP U of Michigan NEED-TO-KNOWS Prelim UoM Consumer Sentiment Prelim UoM Inflation Expectations Source\u00a0University of Michigan\u00a0(latest release) Measures\u00a0Percentage that consumers expect the price of goods and services to change during the next 12 months; Usual Effect\u00a0‘Actual’ greater than ‘Forecast’ is good for currency; Frequency\u00a0Released monthly, around the middle […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,167,230,1491,237,67,70,30,3,61,358,235,344,233,234],"tags":[1764,1766,16,1765,1763],"class_list":["post-21796","post","type-post","status-publish","format-standard","hentry","category-charts-indicators","category-commodity-brokers-2","category-commodity-trading-2","category-currency-futures","category-day-trading-2","category-e-mini-futures","category-energy-futures","category-future-trading-news","category-future-trading-platform","category-futures-broker-2","category-futures-exchange","category-futures-trading-2","category-futures-trading-education","category-index-futures","category-indices","category-options-trading-2","category-trading-guide","tag-consumer","tag-ethanol","tag-futures-trading","tag-inflation","tag-michigan"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21796","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\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=21796"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21796\/revisions"}],"predecessor-version":[{"id":21798,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21796\/revisions\/21798"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=21796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=21796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=21796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}