{"id":4790,"date":"2013-04-09T12:21:20","date_gmt":"2013-04-09T20:21:20","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4790"},"modified":"2014-09-15T05:23:33","modified_gmt":"2014-09-15T13:23:33","slug":"futures-trading-levels-and-economic-reports-for-april-10-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-and-economic-reports-for-april-10-2013\/","title":{"rendered":"Futures Trading Levels and Economic Reports for April 10, 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 April 10, 2013<\/a><\/strong>
\n<\/a>
\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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This is the third time that SP futures touched against that 1568-1569 level. We backed down a few points before the close but I think it is important to see how we open tomorrow morning. If we can climb above 1570 then in my opinion we have good chances of visiting 1587 in the next few days or so. On the flip side, failure to do so for the third time can result in a much more meaningful sell off.<\/p>\n

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Daily chart of the mini SP 500 futures for your review below:<\/p>\n

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\"daily<\/p>\n

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GOOD TRADING! \u00a0and if you like our blog<\/strong>\u00a0please feel free to post a nice review on Google+<\/a>!!<\/p>\n

 <\/p>\n<\/div>\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
Date<\/th>\n3:59pm<\/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
WedApr 10<\/td>\n<\/a>\u00a02:45am<\/td>\nEUR<\/td>\n<\/td>\nFrench Industrial Production m\/m<\/td>\n<\/td>\n<\/td>\n0.6%<\/td>\n-1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\nItalian Industrial Production m\/m<\/td>\n<\/td>\n<\/td>\n-0.4%<\/td>\n0.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n1.6M<\/td>\n2.7M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n1:00pm<\/td>\nUSD<\/td>\n<\/td>\n10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.03|3.2<\/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<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nFederal Budget Balance<\/td>\n<\/td>\n<\/td>\n-110.3B<\/td>\n-203.5B<\/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<\/span><\/h3>\n","protected":false},"excerpt":{"rendered":"

  Jump to a section in this post: 1.\u00a0Market Commentary 2.\u00a0Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Economic Reports for Wednesday April 10, 2013 Hello Traders, For 2013 I would […]<\/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":[10,16,49],"class_list":["post-4790","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-futures-broker","tag-futures-trading","tag-support-and-resistance-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4790","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=4790"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4790\/revisions"}],"predecessor-version":[{"id":4793,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4790\/revisions\/4793"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}