{"id":4669,"date":"2013-02-19T13:13:56","date_gmt":"2013-02-19T21:13:56","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4669"},"modified":"2014-09-15T05:05:59","modified_gmt":"2014-09-15T13:05:59","slug":"trading-levels-and-economic-reports-for-february-20-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-economic-reports-for-february-20-2013\/","title":{"rendered":"Trading Levels and Economic Reports for February 20, 2013"},"content":{"rendered":"

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

1.\u00a0Market Commentary<\/a><\/strong>
\n2.\u00a0Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Economic Reports for Wednesday February 20, 2013<\/a><\/strong><\/p>\n

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

For 2013 I would like to wish all of you discipline and patience in your trading!<\/em><\/p>\n

Markets came back from the long weekend very sluggish for the most part with lower volume than average.<\/p>\n

This will change tomorrow as we have some early morning reports along with FOMC minutes later in the day.<\/p>\n

One market that is seeing volatility is the gold market.<\/p>\n

Weekly chart with LONGER term levels to watch for ( including the very important 1690 support level)\u00a0 is below for your review.<\/p>\n

\"weekly<\/p>\n

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

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\"trading<\/p>\n

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5. Economic Reports<\/strong><\/div>\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\n
Date<\/th>\n4:01pm<\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/tr>\n
WedFeb 20<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman PPI m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n-0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nGerman Final CPI m\/m<\/td>\n<\/td>\n<\/td>\n-0.5%<\/td>\n-0.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:45am<\/td>\nEUR<\/td>\n<\/td>\nFrench CPI m\/m<\/td>\n<\/td>\n<\/td>\n-0.2%<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\nGerman 10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n1.56|1.7<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nBuilding Permits<\/td>\n<\/td>\n<\/td>\n0.92M<\/td>\n0.91M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nPPI m\/m<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n-0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nCore PPI m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nHousing Starts<\/td>\n<\/td>\n<\/td>\n0.93M<\/td>\n0.95M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nEUR<\/td>\n<\/td>\nConsumer Confidence<\/td>\n<\/td>\n<\/td>\n-23<\/td>\n-24<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n20th-24th<\/td>\nUSD<\/td>\n<\/td>\nMortgage Delinquencies<\/td>\n<\/td>\n<\/td>\n<\/td>\n7.40%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:00pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Meeting Minutes<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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