{"id":3973,"date":"2012-07-10T12:28:56","date_gmt":"2012-07-10T20:28:56","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=3973"},"modified":"2014-09-14T23:04:31","modified_gmt":"2014-09-15T07:04:31","slug":"trading-levels-and-reports-for-july-11-2012","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-reports-for-july-11-2012\/","title":{"rendered":"Trading Levels and Reports for July 11, 2012"},"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 Wednesday July 11, 2012<\/a><\/strong><\/p>\n

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

The main news past 24 hours are related to PFG and shadow any market moves etc.<\/div>\n

 <\/p>\n

I am sharing two news articles to bring you up to date one from the NFA and one by Reuters.<\/div>\n

 <\/p>\n

As you may or may not know, Cannon clears its business with 5 different clearing houses and been in business since 1988. If you are looking for a new clearing house after the PFG situation, we will be happy to assist you in setting up a trading account.<\/div>\n
<\/div>\n

Visit our website and learn more.<\/a><\/p>\n

Reuters news about PFG<\/a><\/p>\n

NFA memo about PFG<\/a><\/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>\n1376.17<\/td>\n2652.67<\/td>\n12945<\/td>\n825.10<\/td>\n84.27<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1366.23<\/td>\n2639.33<\/td>\n12855<\/td>\n817.10<\/td>\n83.96<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1350.87<\/td>\n2594.67<\/td>\n12720<\/td>\n805.00<\/td>\n83.76<\/td>\n<\/tr>\n
Pivot<\/td>\n1340.93<\/td>\n2581.33<\/td>\n12630<\/td>\n797.00<\/td>\n83.45<\/td>\n<\/tr>\n
Support 1<\/td>\n1325.57<\/td>\n2536.67<\/td>\n12495<\/td>\n784.90<\/td>\n83.24<\/td>\n<\/tr>\n
Support 2<\/td>\n1315.63<\/td>\n2523.33<\/td>\n12405<\/td>\n776.90<\/td>\n82.93<\/td>\n<\/tr>\n
Support 3<\/td>\n1300.27<\/td>\n2478.67<\/td>\n12270<\/td>\n764.80<\/td>\n82.73<\/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>\nSept. Euro<\/td>\nAug Crude Oil<\/td>\nSept. Bonds<\/td>\n<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1629.7<\/td>\n1.2422<\/td>\n87.70<\/td>\n151 30\/32<\/td>\n<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1615.8<\/td>\n1.2384<\/td>\n86.83<\/td>\n151 15\/32<\/td>\n<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1592.1<\/td>\n1.2323<\/td>\n85.40<\/td>\n151 5\/32<\/td>\n<\/td>\n<\/tr>\n
Pivot<\/td>\n1578.2<\/td>\n1.2285<\/td>\n84.53<\/td>\n150 22\/32<\/td>\n<\/td>\n<\/tr>\n
Support 1<\/td>\n1554.5<\/td>\n1.2224<\/td>\n83.10<\/td>\n150 12\/32<\/td>\n<\/td>\n<\/tr>\n
Support 2<\/td>\n1540.6<\/td>\n1.2186<\/td>\n82.23<\/td>\n149 29\/32<\/td>\n<\/td>\n<\/tr>\n
Support 3<\/td>\n1516.9<\/td>\n1.2125<\/td>\n80.80<\/td>\n149 19\/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
Contract<\/td>\nDec. Corn<\/td>\nSept. Wheat<\/td>\nNov. Beans<\/td>\nSept. Silver<\/td>\n<\/td>\n<\/tr>\n
Resistance 3<\/td>\n733.5<\/td>\n849.2<\/td>\n1566.50<\/td>\n2822.7<\/td>\n<\/td>\n<\/tr>\n
Resistance 2<\/td>\n729.5<\/td>\n840.1<\/td>\n1558.50<\/td>\n2790.3<\/td>\n<\/td>\n<\/tr>\n
Resistance 1<\/td>\n723.5<\/td>\n830.7<\/td>\n1548.50<\/td>\n2735.7<\/td>\n<\/td>\n<\/tr>\n
Pivot<\/td>\n719.5<\/td>\n821.6<\/td>\n1540.50<\/td>\n2703.3<\/td>\n<\/td>\n<\/tr>\n
Support 1<\/td>\n713.5<\/td>\n812.2<\/td>\n1530.5<\/td>\n2648.7<\/td>\n<\/td>\n<\/tr>\n
Support 2<\/td>\n709.5<\/td>\n803.1<\/td>\n1522.50<\/td>\n2616.3<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\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
Date<\/td>\n4:06pm<\/a><\/td>\nCurrency<\/td>\nImpact<\/td>\n<\/td>\nDetail<\/td>\nActual<\/td>\nForecast<\/td>\nPrevious<\/td>\nChart<\/td>\n<\/tr>\n
\n
Wed<\/div>\n

Jul 11<\/td>\n

2:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German Final CPI m\/m<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n-0.1%<\/td>\n\n
-0.1%<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
Tentative<\/td>\nEUR<\/td>\n<\/td>\n\n
German 10-y Bond Auction<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n<\/td>\n\n
1.52|1.4<\/div>\n<\/td>\n
<\/td>\n<\/tr>\n
8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Trade Balance<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n-48.5B<\/td>\n\n
-50.1B<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
Wholesale Inventories m\/m<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n0.4%<\/td>\n\n
0.6%<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
10:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Crude Oil Inventories<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n-1.4M<\/td>\n\n
-4.3M<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/tr>\n
1:00pm<\/td>\nUSD<\/td>\n<\/td>\n\n
10-y Bond Auction<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n<\/td>\n\n
1.62|3.1<\/div>\n<\/td>\n
<\/td>\n<\/tr>\n
2:00pm<\/td>\nUSD<\/td>\n<\/td>\n\n
FOMC Meeting Minutes<\/div>\n<\/td>\n
\"\"<\/a><\/td>\n<\/td>\n<\/td>\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 Wednesday July 11, 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":[133,63,268,144],"class_list":["post-3973","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-future-brokers","tag-future-trading","tag-futures-trading-company","tag-futures-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3973","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=3973"}],"version-history":[{"count":10,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3973\/revisions"}],"predecessor-version":[{"id":3991,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/3973\/revisions\/3991"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=3973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=3973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=3973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}