{"id":4836,"date":"2013-04-23T12:29:25","date_gmt":"2013-04-23T20:29:25","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4836"},"modified":"2014-09-15T22:18:32","modified_gmt":"2014-09-16T06:18:32","slug":"futures-trading-levels-and-economic-reports-for-april-24-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-and-economic-reports-for-april-24-2013\/","title":{"rendered":"Futures Trading Levels and Economic Reports for April 24, 2013"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
\n<\/strong>
\n\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/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 Wednesday April 24, 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

<\/strong>\u00a0<\/strong><\/p>\n<\/div>\n

\n

\u00a0Today we witnessed the possibility of erratic moves in the futures market.<\/strong><\/p>\n

From what I am reading, false rumors generated by hackers hit the news with: Explosions in the White House, Obama is hurt….
\nThat resulted in the SP futures dropping 18 full points in matter of minutes.\u00a0 An intraday chart of mini SP 500 for your review below. Note the huge price drop and volume between 12:06 and 12:12 central time.<\/p>\n

That brings me to a point that I like to share, using “auto brackets when entering a trade”. This is my personal preference but when I enter day-trades, I like my software to immediately generate a stop and a limit**. I have the ability to modify these stops\/ targets but at least I have orders in the system. This can help in situations like today, when different reports come out etc.<\/p>\n

Most of our trading platforms have that ability of auto brackets and you can test drive two of my favorite platforms for free:<\/p>\n

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

E-Futures<\/a><\/p>\n

\"mini<\/p>\n

 <\/p>\n

 <\/p>\n<\/div>\n

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If you like the information we share?\u00a0We would appreciate your positive reviews on our new yelp!!<\/a><\/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>\n1608.58<\/td>\n2904.50<\/td>\n14941<\/td>\n955.43<\/td>\n83.89<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1591.67<\/td>\n2871.75<\/td>\n14801<\/td>\n941.67<\/td>\n83.55<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1582.58<\/td>\n2850.50<\/td>\n14724<\/td>\n934.33<\/td>\n83.34<\/td>\n<\/tr>\n
Pivot<\/td>\n1565.67<\/td>\n2817.75<\/td>\n14584<\/td>\n920.57<\/td>\n83.00<\/td>\n<\/tr>\n
Support 1<\/td>\n1556.58<\/td>\n2796.50<\/td>\n14507<\/td>\n913.23<\/td>\n82.79<\/td>\n<\/tr>\n
Support 2<\/td>\n1539.67<\/td>\n2763.75<\/td>\n14367<\/td>\n899.47<\/td>\n82.45<\/td>\n<\/tr>\n
Support 3<\/td>\n1530.58<\/td>\n2742.50<\/td>\n14290<\/td>\n892.13<\/td>\n82.24<\/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>\nJune Crude Oil<\/a><\/td>\nJune Bonds\u00a0<\/a><\/td>\nJune Euro<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n1458.6<\/td>\n2420.8<\/td>\n91.54<\/td>\n150\u00a0\u00a06\/32<\/td>\n1.3185<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1445.7<\/td>\n2380.7<\/td>\n90.48<\/td>\n149 22\/32<\/td>\n1.3137<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1429.8<\/td>\n2335.8<\/td>\n89.91<\/td>\n148 27\/32<\/td>\n1.3072<\/td>\n<\/tr>\n
Pivot<\/td>\n1416.9<\/td>\n2295.7<\/td>\n88.85<\/td>\n148 11\/32<\/td>\n1.3024<\/td>\n<\/tr>\n
Support 1<\/td>\n1401.0<\/td>\n2250.8<\/td>\n88.28<\/td>\n147 16\/32<\/td>\n1.2959<\/td>\n<\/tr>\n
Support 2<\/td>\n1388.1<\/td>\n2210.7<\/td>\n87.22<\/td>\n147<\/td>\n1.2911<\/td>\n<\/tr>\n
Support 3<\/td>\n1372.2<\/td>\n2165.8<\/td>\n86.65<\/td>\n146\u00a0\u00a05\/32<\/td>\n1.2846<\/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>\n624.7<\/td>\n699.3<\/td>\n1383.00<\/td>\n406.60<\/td>\n49.02<\/td>\n<\/tr>\n
Resistance 2<\/td>\n622.3<\/td>\n697.5<\/td>\n1376.00<\/td>\n404.30<\/td>\n48.78<\/td>\n<\/tr>\n
Resistance 1<\/td>\n618.2<\/td>\n696.5<\/td>\n1367.25<\/td>\n401.10<\/td>\n48.60<\/td>\n<\/tr>\n
Pivot<\/td>\n615.8<\/td>\n694.8<\/td>\n1360.25<\/td>\n398.80<\/td>\n48.36<\/td>\n<\/tr>\n
Support 1<\/td>\n611.7<\/td>\n693.8<\/td>\n1351.5<\/td>\n395.6<\/td>\n48.2<\/td>\n<\/tr>\n
Support 2<\/td>\n609.3<\/td>\n692.0<\/td>\n1344.50<\/td>\n393.30<\/td>\n47.94<\/td>\n<\/tr>\n
Support 3<\/td>\n605.2<\/td>\n691.0<\/td>\n1335.75<\/td>\n390.10<\/td>\n47.76<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
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<\/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\n
Date<\/th>\n3:54pm<\/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
WedApr 24<\/td>\n<\/a>\u00a04:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Ifo Business Climate<\/td>\n<\/td>\n<\/td>\n106.4<\/td>\n106.7<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nItalian Retail Sales m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n-0.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\nGerman 30-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.45|1.8<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nCore Durable Goods Orders m\/m<\/td>\n<\/td>\n<\/td>\n0.5%<\/td>\n-0.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nDurable Goods Orders m\/m<\/td>\n<\/td>\n<\/td>\n-2.9%<\/td>\n5.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:00am<\/td>\nEUR<\/td>\n<\/td>\nBelgium NBB Business Climate<\/td>\n<\/td>\n<\/td>\n-14.3<\/td>\n-15.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:30am<\/td>\nUSD<\/td>\n<\/td>\nTreasury Sec Lew Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n1.8M<\/td>\n-1.2M<\/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":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 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 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[27,16],"class_list":["post-4836","post","type-post","status-publish","format-standard","hentry","category-futures-broker-2","tag-futures-brokers","tag-futures-trading"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4836","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=4836"}],"version-history":[{"count":16,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4836\/revisions"}],"predecessor-version":[{"id":4839,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/4836\/revisions\/4839"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=4836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=4836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=4836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}