{"id":4708,"date":"2013-03-07T13:21:02","date_gmt":"2013-03-07T21:21:02","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4708"},"modified":"2014-09-15T05:29:22","modified_gmt":"2014-09-15T13:29:22","slug":"trading-levels-and-economic-reports-for-march-8-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-economic-reports-for-march-8-2013\/","title":{"rendered":"Trading Levels and Economic Reports for March 8, 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 Friday March 8, 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

JUNE is now the front month for stock index futures. So if you are trading mini SP, mini Nasdaq, mini Dow, Mini Russell – you need to start trading the June contract.<\/div>\n
The symbol for June is M, example ESM3MONTHLY UNEMPLOYMENT is tomorrow before cash open ( 8:30 Am Eastern Time). This is a market moving event that normally helps volatility.<\/div>\n

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Below is a screen shot of the April Brent Crude Oil chart from today, using my intraday chart template. In the chart you will see some good signals and signals that did not turn as well…<\/p>\n

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\"Intra<\/p>\n

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Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above<\/p>\n

and be able to apply for any market and any time frame on your own PC ? \u00a0 You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra\/ ATcharts.<\/p>\n

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To start your trial, please visit:<\/p>\n

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If so, please send me an email with the following information:<\/p>\n

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1. Are you currently trading futures?<\/p>\n

2. Charting software you use?<\/p>\n

3. If you use sierra or ATcharts, please let me know the user name so I can enable you<\/p>\n

4. Markets you currently trading?<\/p>\n

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\nAlso please like us on Facebook<\/a>!!<\/span><\/p>\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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\"support<\/p>\n

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

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

All times are Eastern time Zone (EST)<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:14pm<\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
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FriMar 8<\/td>\n2:45am<\/td>\nEUR<\/td>\n<\/td>\nFrench Gov Budget Balance<\/td>\n<\/td>\n<\/td>\n<\/td>\n-87.2B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n6:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Industrial Production m\/m<\/td>\n<\/td>\n<\/td>\n0.6%<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nNon-Farm Employment Change<\/td>\n<\/td>\n<\/td>\n162K<\/td>\n157K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Rate<\/td>\n<\/td>\n<\/td>\n7.9%<\/td>\n7.9%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nAverage Hourly Earnings m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nWholesale Inventories m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:00pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Duke Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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