{"id":4816,"date":"2013-04-17T12:48:46","date_gmt":"2013-04-17T20:48:46","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4816"},"modified":"2014-09-15T22:15:38","modified_gmt":"2014-09-16T06:15:38","slug":"futures-trading-levels-and-economic-reports-for-april-182013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-and-economic-reports-for-april-182013\/","title":{"rendered":"Futures Trading Levels and Economic Reports for April 18,2013"},"content":{"rendered":"

 <\/p>\n

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

1.\u00a0Market Commentary<\/a><\/strong>
\n2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Futures Economic Reports for Thursday April 18, 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

\n

The higher volatility in stock index futures continued today as well. If one looks at the ATR ( avg. True range) in the daily chart below, you can see how the daily ranges have expanded over the past few days.<\/strong><\/p>\n

PERSONALLY, I like it. I prefer day-trading futures when there is a bit more range and volatility but then again every trader is different and one must know what risks and opporunities different market enviroments present.<\/p>\n<\/div>\n

 <\/p>\n

As far as market outlook, almost a flip of a coin at the time I am writing this but my speculation leans towards lower prices, especially if we can break 1534.<\/p>\n

 <\/p>\n

\n

\"mini<\/h3>\n

 <\/p>\n<\/div>\n

\n

 <\/p>\n

GOOD TRADING<\/strong><\/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

 <\/p>\n

Futures Trading Levels<\/a><\/strong><\/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\n\n
Contract June 2013<\/td>\n\u00a0SP500 (big & Mini)<\/a><\/td>\nNasdaq100 (big & Mini)<\/a><\/td>\nDow Jones (big & Mini)<\/a><\/td>\nMini Russell<\/a><\/td>\nDollar Index<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n1598.00<\/td>\n2893.17<\/td>\n14877<\/td>\n943.27<\/td>\n84.02<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1583.75<\/td>\n2861.83<\/td>\n14784<\/td>\n931.83<\/td>\n83.42<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1566.50<\/td>\n2820.92<\/td>\n14680<\/td>\n918.17<\/td>\n83.09<\/td>\n<\/tr>\n
Pivot<\/td>\n1552.25<\/td>\n2789.58<\/td>\n14587<\/td>\n906.73<\/td>\n82.49<\/td>\n<\/tr>\n
Support 1<\/td>\n1535.00<\/td>\n2748.67<\/td>\n14483<\/td>\n893.07<\/td>\n82.17<\/td>\n<\/tr>\n
Support 2<\/td>\n1520.75<\/td>\n2717.33<\/td>\n14390<\/td>\n881.63<\/td>\n81.57<\/td>\n<\/tr>\n
Support 3<\/td>\n1503.50<\/td>\n2676.42<\/td>\n14286<\/td>\n867.97<\/td>\n81.24<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJune Gold<\/a><\/td>\nMay Silver<\/a><\/td>\nMay Crude Oil<\/a><\/td>\nJune Bonds\u00a0<\/a><\/td>\nJune Euro<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n1421.3<\/td>\n2457.8<\/td>\n91.62<\/td>\n149 26\/32<\/td>\n1.3360<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1408.3<\/td>\n2415.2<\/td>\n90.35<\/td>\n149\u00a0\u00a07\/32<\/td>\n1.3282<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1391.1<\/td>\n2368.8<\/td>\n88.59<\/td>\n148 19\/32<\/td>\n1.3161<\/td>\n<\/tr>\n
Pivot<\/td>\n1378.1<\/td>\n2326.2<\/td>\n87.32<\/td>\n148<\/td>\n1.3083<\/td>\n<\/tr>\n
Support 1<\/td>\n1360.9<\/td>\n2279.8<\/td>\n85.56<\/td>\n147 12\/32<\/td>\n1.2962<\/td>\n<\/tr>\n
Support 2<\/td>\n1347.9<\/td>\n2237.2<\/td>\n84.29<\/td>\n146 25\/32<\/td>\n1.2884<\/td>\n<\/tr>\n
Support 3<\/td>\n1330.7<\/td>\n2190.8<\/td>\n82.53<\/td>\n146\u00a0\u00a05\/32<\/td>\n1.2763<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJuly Corn<\/a><\/td>\nJuly Wheat<\/a><\/td>\nJuly Beans<\/a><\/td>\nJuly SoyMeal<\/a><\/td>\nJuly bean Oil<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n647.8<\/td>\n716.2<\/td>\n1408.00<\/td>\n408.80<\/td>\n50.78<\/td>\n<\/tr>\n
Resistance 2<\/td>\n645.9<\/td>\n713.1<\/td>\n1398.00<\/td>\n405.10<\/td>\n50.22<\/td>\n<\/tr>\n
Resistance 1<\/td>\n643.6<\/td>\n710.2<\/td>\n1389.00<\/td>\n402.20<\/td>\n49.83<\/td>\n<\/tr>\n
Pivot<\/td>\n641.7<\/td>\n707.1<\/td>\n1379.00<\/td>\n398.50<\/td>\n49.27<\/td>\n<\/tr>\n
Support 1<\/td>\n639.3<\/td>\n704.2<\/td>\n1370.0<\/td>\n395.6<\/td>\n48.9<\/td>\n<\/tr>\n
Support 2<\/td>\n637.4<\/td>\n701.1<\/td>\n1360.00<\/td>\n391.90<\/td>\n48.32<\/td>\n<\/tr>\n
Support 3<\/td>\n635.1<\/td>\n698.2<\/td>\n1351.00<\/td>\n389.00<\/td>\n47.93<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
<\/div>\n
<\/div>\n
For complete contract specifications for the futures markets listed above\u00a0click here!<\/a><\/div>\n
<\/div>\n
<\/div>\n

<\/a><\/p>\n

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
Date<\/th>\n3:51pm<\/a><\/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
ThuApr 18<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\nSpanish 10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n4.48|2.1<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Claims<\/td>\n<\/td>\n<\/td>\n349K<\/td>\n346K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nPhilly Fed Manufacturing Index<\/td>\n<\/td>\n<\/td>\n2.7<\/td>\n2.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nCB Leading Index m\/m<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n0.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nNatural Gas Storage<\/td>\n<\/td>\n<\/td>\n35B<\/td>\n-14B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nDay 1<\/td>\nALL<\/td>\n<\/td>\nG20 Meetings<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n12:00pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Raskin Speaks<\/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. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Futures Economic Reports for Thursday April 18, 2013 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":[50,41],"class_list":["post-4816","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-high-volatility","tag-mini-sp500-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4816","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=4816"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4816\/revisions"}],"predecessor-version":[{"id":4819,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4816\/revisions\/4819"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}