{"id":3863,"date":"2012-06-13T12:21:08","date_gmt":"2012-06-13T20:21:08","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=3863"},"modified":"2014-09-14T22:36:10","modified_gmt":"2014-09-15T06:36:10","slug":"trading-levels-reports-for-june-14th-sp500-trading-in-a-range","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-reports-for-june-14th-sp500-trading-in-a-range\/","title":{"rendered":"Trading Levels & Reports for June 14th – SP500 Trading in a Range"},"content":{"rendered":"

Jump to a section in this post:<\/span><\/p>\n

1. Market Commentary<\/a><\/strong>
\n2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4. Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5. Economic Reports for Thursday June 14, 2012<\/a><\/strong><\/p>\n

Hello Traders,<\/strong><\/p>\n

First off heads up on some contract months changes:<\/p>\n

1. Front month for stock indices, financials and many other markets is September.<\/p>\n

2. June mini SP, mini NASDAQ, Russell, Dow etc. will expire Friday morning right before the open, so make sure you start trading September if you have not already done so!<\/p>\n

3. June currencies are about to enter delivery stage, which can be costly. I highly recommend starting to trade September currencies as of Friday morning .<\/p>\n

As far market direction, SP 500 still looks to be locked in between 1297 – 1342. My guess is that which ever way we going to break first will have chance for momentum continuation.<\/p>\n

Be disciplined, be patient and trade well!<\/p>\n

GOOD TRADING!<\/strong><\/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

<\/a>2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/strong><\/h3>\n\n\n\n\n\n\n\n\n\n\n
Contract Sept. 2012<\/td>\nSP500 (big & Mini)<\/td>\nNasdaq100 (big & Mini)<\/td>\nDow Jones (big & Mini)<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1335.27<\/td>\n2585.00<\/td>\n12633<\/td>\n775.97<\/td>\n83.17<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1327.98<\/td>\n2569.00<\/td>\n12577<\/td>\n768.93<\/td>\n82.88<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1318.37<\/td>\n2546.00<\/td>\n12498<\/td>\n758.97<\/td>\n82.50<\/td>\n<\/tr>\n
Pivot<\/td>\n1311.08<\/td>\n2530.00<\/td>\n12442<\/td>\n751.93<\/td>\n82.21<\/td>\n<\/tr>\n
Support 1<\/td>\n1301.47<\/td>\n2507.00<\/td>\n12363<\/td>\n741.97<\/td>\n81.83<\/td>\n<\/tr>\n
Support 2<\/td>\n1294.18<\/td>\n2491.00<\/td>\n12307<\/td>\n734.93<\/td>\n81.54<\/td>\n<\/tr>\n
Support 3<\/td>\n1284.57<\/td>\n2468.00<\/td>\n12228<\/td>\n724.97<\/td>\n81.16<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds<\/strong><\/h3>\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nAug Gold<\/td>\nJune Euro<\/td>\nJuly Crude Oil<\/td>\nSept. Bonds<\/td>\n<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1646.8<\/td>\n1.2772<\/td>\n85.54<\/td>\n151 20\/32<\/td>\n<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1636.4<\/td>\n1.2692<\/td>\n84.77<\/td>\n150 17\/32<\/td>\n<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1627.8<\/td>\n1.2635<\/td>\n83.68<\/td>\n149 26\/32<\/td>\n<\/td>\n<\/tr>\n
Pivot<\/td>\n1617.4<\/td>\n1.2555<\/td>\n82.91<\/td>\n148 23\/32<\/td>\n<\/td>\n<\/tr>\n
Support 1<\/td>\n1608.8<\/td>\n1.2498<\/td>\n81.82<\/td>\n148<\/td>\n<\/td>\n<\/tr>\n
Support 2<\/td>\n1598.4<\/td>\n1.2418<\/td>\n81.05<\/td>\n146 29\/32<\/td>\n<\/td>\n<\/tr>\n
Support 3<\/td>\n1589.8<\/td>\n1.2361<\/td>\n79.96<\/td>\n146 6\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

4. Support & Resistance Levels for Corn, Wheat, Beans and Silver<\/strong><\/h3>\n\n\n\n\n\n\n\n\n\n\n
Contract<\/td>\nJuly Corn<\/td>\nJuly Wheat<\/td>\nJuly Beans<\/td>\nJuly Silver<\/td>\n<\/td>\n<\/tr>\n
Resistance 3<\/td>\n623.7<\/td>\n626.3<\/td>\n1439.00<\/td>\n2942.8<\/td>\n<\/td>\n<\/tr>\n
Resistance 2<\/td>\n612.8<\/td>\n624.0<\/td>\n1431.75<\/td>\n2926.2<\/td>\n<\/td>\n<\/tr>\n
Resistance 1<\/td>\n602.7<\/td>\n620.0<\/td>\n1420.00<\/td>\n2903.3<\/td>\n<\/td>\n<\/tr>\n
Pivot<\/td>\n591.8<\/td>\n617.8<\/td>\n1412.75<\/td>\n2886.7<\/td>\n<\/td>\n<\/tr>\n
Support 1<\/td>\n581.7<\/td>\n613.8<\/td>\n1401.0<\/td>\n2863.8<\/td>\n<\/td>\n<\/tr>\n
Support 2<\/td>\n570.8<\/td>\n611.5<\/td>\n1393.75<\/td>\n2847.2<\/td>\n<\/td>\n<\/tr>\n
Support 3<\/td>\n560.7<\/td>\n607.5<\/td>\n1382.00<\/td>\n2824.3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

5. Economic Reports<\/strong><\/h3>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/p>\n

All times are Eastern time Zone (EST)<\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n
Thu<\/div>\n

Jun 14<\/td>\n

<\/a>\u00a0\"Up\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German WPI m\/m<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n-0.4%<\/td>\n\n
0.5%<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
ECB Monthly Bulletin<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
CPI y\/y<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n2.4%<\/td>\n\n
2.4%<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Core CPI y\/y<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n1.6%<\/td>\n\n
1.6%<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
All Day<\/td>\nALL<\/td>\n<\/td>\n\n
OPEC Meetings<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Core CPI m\/m<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n0.2%<\/td>\n\n
0.2%<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Unemployment Claims<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n377K<\/td>\n\n
377K<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
CPI m\/m<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n-0.2%<\/td>\n\n
0.0%<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Current Account<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n-132B<\/td>\n\n
-124B<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
10:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Natural Gas Storage<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n55B<\/td>\n\n
62B<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
1:00pm<\/td>\nUSD<\/td>\n<\/td>\n\n
30-y Bond Auction<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n<\/td>\n\n
3.09|2.7<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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 herein 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 judgment in trading<\/p>\n","protected":false},"excerpt":{"rendered":"

Jump to a section in this post: 1. Market Commentary 2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4. Support and Resistance Levels – Corn, Wheat, Beans, Silver 5. Economic Reports for Thursday June 14, 2012 Hello Traders, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[149,134,602],"class_list":["post-3863","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-commodity-futures-broker","tag-futures-trading-brokers","tag-futures-trading-online"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3863","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=3863"}],"version-history":[{"count":10,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3863\/revisions"}],"predecessor-version":[{"id":5435,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3863\/revisions\/5435"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=3863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=3863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=3863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}