{"id":4950,"date":"2013-05-30T12:23:53","date_gmt":"2013-05-30T20:23:53","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=4950"},"modified":"2014-09-15T22:42:14","modified_gmt":"2014-09-16T06:42:14","slug":"futures-trading-levels-and-economic-reports-for-may-31-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-and-economic-reports-for-may-31-2013\/","title":{"rendered":"Futures Trading Levels and Economic Reports for May 31, 2013"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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\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 Friday May 31, 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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While I mostly talk about short term trading in this blog, I wanted to bring to everyone’s attention that we do offer and assist clients with longer term trading as well as options on futures.<\/p>\n

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I like using options spreads and selling premium in different market conditions and I wrote an informative summary about this topic at:<\/p>\n

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https:\/\/www.cannontrading.com\/tools\/education-futures-options-trading-101<\/a><\/p>\n

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So if you are in a position, looking to take a longer term position, would like some feedback on different uses of options, please feel free to contact any of us here at Cannon or email me back and we will be happy to help.<\/p>\n

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\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/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

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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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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>\n1682.25<\/td>\n3073.83<\/td>\n15544<\/td>\n1010.30<\/td>\n84.30<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1671.50<\/td>\n3049.67<\/td>\n15466<\/td>\n1003.00<\/td>\n84.03<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1662.50<\/td>\n3030.08<\/td>\n15394<\/td>\n998.10<\/td>\n83.55<\/td>\n<\/tr>\n
Pivot<\/td>\n1651.75<\/td>\n3005.92<\/td>\n15316<\/td>\n990.80<\/td>\n83.28<\/td>\n<\/tr>\n
Support 1<\/td>\n1642.75<\/td>\n2986.33<\/td>\n15244<\/td>\n985.90<\/td>\n82.79<\/td>\n<\/tr>\n
Support 2<\/td>\n1632.00<\/td>\n2962.17<\/td>\n15166<\/td>\n978.60<\/td>\n82.52<\/td>\n<\/tr>\n
Support 3<\/td>\n1623.00<\/td>\n2942.58<\/td>\n15094<\/td>\n973.70<\/td>\n82.04<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJune Gold<\/a><\/td>\nJuly Silver<\/a><\/td>\nJuly Crude Oil<\/a><\/td>\nJune Bonds\u00a0<\/a><\/td>\nJune Euro<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n1453.6<\/td>\n2381.0<\/td>\n96.84<\/td>\n142\u00a0\u00a01\/32<\/td>\n1.3219<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1435.7<\/td>\n2343.5<\/td>\n95.42<\/td>\n141 18\/32<\/td>\n1.3141<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1424.3<\/td>\n2306.0<\/td>\n94.50<\/td>\n141\u00a0\u00a02\/32<\/td>\n1.3091<\/td>\n<\/tr>\n
Pivot<\/td>\n1406.4<\/td>\n2268.5<\/td>\n93.08<\/td>\n140 19\/32<\/td>\n1.3013<\/td>\n<\/tr>\n
Support 1<\/td>\n1395.0<\/td>\n2231.0<\/td>\n92.16<\/td>\n140\u00a0\u00a03\/32<\/td>\n1.2963<\/td>\n<\/tr>\n
Support 2<\/td>\n1377.1<\/td>\n2193.5<\/td>\n90.74<\/td>\n139 20\/32<\/td>\n1.2885<\/td>\n<\/tr>\n
Support 3<\/td>\n1365.7<\/td>\n2156.0<\/td>\n89.82<\/td>\n139\u00a0\u00a04\/32<\/td>\n1.2835<\/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>\n677.1<\/td>\n706.4<\/td>\n1513.17<\/td>\n451.40<\/td>\n49.15<\/td>\n<\/tr>\n
Resistance 2<\/td>\n670.9<\/td>\n702.6<\/td>\n1506.58<\/td>\n448.60<\/td>\n48.93<\/td>\n<\/tr>\n
Resistance 1<\/td>\n662.6<\/td>\n700.7<\/td>\n1501.17<\/td>\n444.70<\/td>\n48.75<\/td>\n<\/tr>\n
Pivot<\/td>\n656.4<\/td>\n696.8<\/td>\n1494.58<\/td>\n441.90<\/td>\n48.53<\/td>\n<\/tr>\n
Support 1<\/td>\n648.1<\/td>\n694.9<\/td>\n1489.2<\/td>\n438.0<\/td>\n48.4<\/td>\n<\/tr>\n
Support 2<\/td>\n641.9<\/td>\n691.1<\/td>\n1482.58<\/td>\n435.20<\/td>\n48.13<\/td>\n<\/tr>\n
Support 3<\/td>\n633.6<\/td>\n689.2<\/td>\n1477.17<\/td>\n431.30<\/td>\n47.95<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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For complete contract specifications for the futures markets listed above\u00a0click here!<\/a><\/div>\n
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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\n\n\n\n\n\n
Date<\/th>\n4:12pm<\/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
FriMay 31<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Retail Sales m\/m<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n-0.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:45am<\/td>\nEUR<\/td>\n<\/td>\nFrench Consumer Spending m\/m<\/td>\n<\/td>\n<\/td>\n-0.5%<\/td>\n1.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\nItalian Quarterly Unemployment Rate<\/td>\n<\/td>\n<\/td>\n11.2%<\/td>\n11.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nItalian Monthly Unemployment Rate<\/td>\n<\/td>\n<\/td>\n11.6%<\/td>\n11.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nAll Day<\/td>\nALL<\/td>\n<\/td>\nOPEC Meetings<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nCPI Flash Estimate y\/y<\/td>\n<\/td>\n<\/td>\n1.4%<\/td>\n1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nUnemployment Rate<\/td>\n<\/td>\n<\/td>\n12.2%<\/td>\n12.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nItalian Prelim CPI m\/m<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nCore PCE Price Index m\/m<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n0.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nPersonal Spending m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nPersonal Income m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:45am<\/td>\nUSD<\/td>\n<\/td>\nChicago PMI<\/td>\n<\/td>\n<\/td>\n50.3<\/td>\n49.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:55am<\/td>\nUSD<\/td>\n<\/td>\nRevised UoM Consumer Sentiment<\/td>\n<\/td>\n<\/td>\n84.1<\/td>\n83.7<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nRevised UoM Inflation Expectations<\/td>\n<\/td>\n<\/td>\n<\/td>\n3.1%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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