{"id":4375,"date":"2012-10-15T12:19:01","date_gmt":"2012-10-15T20:19:01","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4375"},"modified":"2014-09-15T03:32:18","modified_gmt":"2014-09-15T11:32:18","slug":"trading-levels-and-reports-for-october-16-2012","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-reports-for-october-16-2012\/","title":{"rendered":"Trading Levels and Reports for October 16, 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 Tuesday October 16, 2012<\/a><\/strong><\/p>\n

 <\/p>\n

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

An Elliott Wave Pattern that Signals the Start of Opportunity<\/strong><\/a>
\nThe size of the wave will surprise most everyone
\nBy Elliott Wave International<\/p>\n

On Monday Oct. 8 I sat down with Elliott Wave International’s chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the Elliott wave diagonal. Reason being: On the “hand” of opportunity, the diagonal lands not at the wrist, the palm, or even the knuckles; but at the fingertips! Read more.<\/a><\/p>\n

 <\/p>\n

\n

Also please like us on Facebook<\/a>!!<\/h3>\n<\/div>\n
<\/div>\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

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract Dec. 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>\n1454.73<\/td>\n2774.33<\/td>\n13498<\/td>\n840.70<\/td>\n473.10<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1445.62<\/td>\n2755.67<\/td>\n13432<\/td>\n833.60<\/td>\n469.10<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1440.43<\/td>\n2743.83<\/td>\n13393<\/td>\n830.00<\/td>\n462.60<\/td>\n<\/tr>\n
Pivot<\/td>\n1431.32<\/td>\n2725.17<\/td>\n13327<\/td>\n822.90<\/td>\n458.60<\/td>\n<\/tr>\n
Support 1<\/td>\n1426.13<\/td>\n2713.33<\/td>\n13288<\/td>\n819.30<\/td>\n452.10<\/td>\n<\/tr>\n
Support 2<\/td>\n1417.02<\/td>\n2694.67<\/td>\n13222<\/td>\n812.20<\/td>\n448.10<\/td>\n<\/tr>\n
Support 3<\/td>\n1411.83<\/td>\n2682.83<\/td>\n13183<\/td>\n808.60<\/td>\n441.60<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec Gold<\/td>\nDec. Silver<\/td>\nNov. Crude Oil<\/td>\nDec. Bonds<\/td>\nDec. Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1778.7<\/td>\n3418.0<\/td>\n95.08<\/td>\n150 17\/32<\/td>\n1.3090<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1767.1<\/td>\n3382.5<\/td>\n93.64<\/td>\n150 5\/32<\/td>\n1.3039<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1752.9<\/td>\n3328.0<\/td>\n92.67<\/td>\n149 24\/32<\/td>\n1.3001<\/td>\n<\/tr>\n
Pivot<\/td>\n1741.3<\/td>\n3292.5<\/td>\n91.23<\/td>\n149 12\/32<\/td>\n1.2950<\/td>\n<\/tr>\n
Support 1<\/td>\n1727.1<\/td>\n3238.0<\/td>\n90.26<\/td>\n148 31\/32<\/td>\n1.2912<\/td>\n<\/tr>\n
Support 2<\/td>\n1715.5<\/td>\n3202.5<\/td>\n88.82<\/td>\n148 19\/32<\/td>\n1.2861<\/td>\n<\/tr>\n
Support 3<\/td>\n1701.3<\/td>\n3148.0<\/td>\n87.85<\/td>\n148 6\/32<\/td>\n1.2823<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec. Corn<\/td>\nDec. Wheat<\/td>\nNov. Beans<\/td>\nDec. SoyMeal<\/td>\nDec. bean Oil<\/td>\n<\/tr>\n
Resistance 3<\/td>\n755.4<\/td>\n859.2<\/td>\n1509.50<\/td>\n473.10<\/td>\n50.66<\/td>\n<\/tr>\n
Resistance 2<\/td>\n750.1<\/td>\n855.6<\/td>\n1503.50<\/td>\n469.10<\/td>\n50.38<\/td>\n<\/tr>\n
Resistance 1<\/td>\n743.7<\/td>\n851.9<\/td>\n1498.00<\/td>\n462.60<\/td>\n50.20<\/td>\n<\/tr>\n
Pivot<\/td>\n738.3<\/td>\n848.3<\/td>\n1492.00<\/td>\n458.60<\/td>\n49.92<\/td>\n<\/tr>\n
Support 1<\/td>\n731.9<\/td>\n844.7<\/td>\n1486.5<\/td>\n452.1<\/td>\n49.7<\/td>\n<\/tr>\n
Support 2<\/td>\n726.6<\/td>\n841.1<\/td>\n1480.50<\/td>\n448.10<\/td>\n49.46<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/h3>\n

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

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST)<\/a><\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/td>\n3:28pm<\/a><\/td>\nCurrency<\/td>\nImpact<\/td>\n<\/td>\nDetail<\/td>\nActual<\/td>\nForecast<\/td>\nPrevious<\/td>\nGraph<\/td>\n<\/tr>\n
Tue<\/p>\n
Oct 16<\/div>\n<\/td>\n
4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Italian Trade Balance<\/div>\n<\/td>\n
<\/td>\n<\/td>\n2.57B<\/td>\n4.49B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
German ZEW Economic Sentiment<\/div>\n<\/td>\n
<\/td>\n<\/td>\n-14.6<\/td>\n-18.2<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
CPI y\/y<\/div>\n<\/td>\n
<\/td>\n<\/td>\n2.7%<\/td>\n2.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Core CPI y\/y<\/div>\n<\/td>\n
<\/td>\n<\/td>\n1.6%<\/td>\n1.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
ZEW Economic Sentiment<\/div>\n<\/td>\n
<\/td>\n<\/td>\n-1.1<\/td>\n-3.8<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
Trade Balance<\/div>\n<\/td>\n
<\/td>\n<\/td>\n8.4B<\/td>\n7.9B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
Core CPI m\/m<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
CPI m\/m<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.4%<\/td>\n0.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
TIC Long-Term Purchases<\/div>\n<\/td>\n
<\/td>\n<\/td>\n45.3B<\/td>\n67.0B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:15am<\/td>\nUSD<\/td>\n<\/td>\n\n
Capacity Utilization Rate<\/div>\n<\/td>\n
<\/td>\n<\/td>\n78.4%<\/td>\n78.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:15am<\/td>\nUSD<\/td>\n<\/td>\n\n
Industrial Production m\/m<\/div>\n<\/td>\n
<\/td>\n<\/td>\n0.2%<\/td>\n-1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
NAHB Housing Market Index<\/div>\n<\/td>\n
<\/td>\n<\/td>\n41<\/td>\n40<\/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<\/div>\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 Tuesday October 16, 2012   Hello […]<\/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-4375","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\/4375","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=4375"}],"version-history":[{"count":9,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4375\/revisions"}],"predecessor-version":[{"id":5231,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4375\/revisions\/5231"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}