{"id":4771,"date":"2013-04-03T12:20:27","date_gmt":"2013-04-03T20:20:27","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4771"},"modified":"2014-09-15T05:21:48","modified_gmt":"2014-09-15T13:21:48","slug":"trading-levels-and-economic-reports-for-april-4-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-economic-reports-for-april-4-2013\/","title":{"rendered":"Trading Levels and Economic Reports for April 4, 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 Thursday April 4, 2013<\/a><\/strong>
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\nHello Traders,<\/strong><\/p>\n

For 2013 I would like to wish all of you discipline and patience in your trading!\u00a0<\/em><\/p>\n

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I mentioned yesterday :So far most selling in stock index futures are met with volume buying at lower levels. I wish I had an idea of how long this would last….but I don’t. What can change the dynamics are the few employment reports we have this week. Starting with tomorrow ADP report, Thursday weekly report and non-farm payroll ( the big report) this<\/em><\/p>\n<\/div>\n

Friday.<\/em><\/div>\n<\/div>\n

It seems that this morning ADP report but actually more so ISM actually gave stock index a lower break for the first time in a while.<\/p>\n

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I am sharing with you daily chart of mini Russell for your review and possible support\/ resistance levels.<\/p>\n

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\u00a0Also please like us on Facebook<\/a>!!<\/span><\/p>\n<\/div>\n

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\nGOOD 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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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\n\n\n\n\n\n\n\n
Date<\/th>\n3:51pm<\/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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ThuApr 4<\/td>\n3:15am<\/td>\nEUR<\/td>\n<\/td>\nSpanish Services PMI<\/td>\n<\/td>\n<\/td>\n44.3<\/td>\n44.7<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:45am<\/td>\nEUR<\/td>\n<\/td>\nItalian Services PMI<\/td>\n<\/td>\n<\/td>\n43.4<\/td>\n43.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\nFinal Services PMI<\/td>\n<\/td>\n<\/td>\n46.5<\/td>\n46.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nPPI m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\nFrench 10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.10|2.2<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\nSpanish 10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n4.90|1.9<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n7:30am<\/td>\nUSD<\/td>\n<\/td>\nChallenger Job Cuts y\/y<\/td>\n<\/td>\n<\/td>\n<\/td>\n7.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n7:45am<\/td>\nEUR<\/td>\n<\/td>\nMinimum Bid Rate<\/td>\n<\/td>\n<\/td>\n0.75%<\/td>\n0.75%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nEUR<\/td>\n<\/td>\nECB Press Conference<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Claims<\/td>\n<\/td>\n<\/td>\n352K<\/td>\n357K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:45am<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Evans Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nFed Chairman Bernanke Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nNatural Gas Storage<\/td>\n<\/td>\n<\/td>\n-89B<\/td>\n-95B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n12:30pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member George Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Yellen Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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