{"id":5681,"date":"2013-07-15T12:29:33","date_gmt":"2013-07-15T20:29:33","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=5681"},"modified":"2014-09-15T23:13:21","modified_gmt":"2014-09-16T07:13:21","slug":"trading-levels-and-economic-reports-for-july-16-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-levels-and-economic-reports-for-july-16-2013\/","title":{"rendered":"Trading Levels and Economic Reports for July 16, 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 Tuesday July 13, 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

<\/b>\u00a0<\/b><\/p>\n

\n
Stocks continue to move higher BUT on very low summer type of trading volume.<\/div>\n
For most of you who are daytraders, the main question should be how does that changes the “personality ” of the trading day?<\/div>\n
Are we back to narrower trading days with lower volatility? or is this just a break from the more volatile\/wider trading ranges we witnessed when the market was moving lower?<\/div>\n
Are we back to buying intraday dips and the market will continue to rally?<\/div>\n
For those of you who are swing traders, the main question is what are the extended targets for this rally and is this a short covering rally from the recent sell off or a new leg up?<\/div>\n
<\/b>
\nObviously the answers are unknown at this point but knowing what to consider while trading can be helpful by itself.<\/b>Daily chart of the mini SP 500 along with potential extensions to the upside and possible support levels below for your review<\/div>\n<\/div>\n

\u00a0<\/b><\/p>\n

\"mini<\/p>\n

 <\/p>\n

\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n

You like the information we share?\u00a0We would appreciate your positive reviews on Google+ , Facebook, Yelp etc…use the icons below to share, recommend, review us and more!<\/p>\n<\/div>\n<\/div>\n

\n

\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/p>\n<\/div>\n

\n

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

<\/div>\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 Sept. 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>\n1691.17<\/td>\n3092.83<\/td>\n15538<\/td>\n1057.37<\/td>\n84.11<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1685.33<\/td>\n3084.67<\/td>\n15491<\/td>\n1050.03<\/td>\n83.87<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1681.42<\/td>\n3079.08<\/td>\n15455<\/td>\n1045.97<\/td>\n83.53<\/td>\n<\/tr>\n
Pivot<\/td>\n1675.58<\/td>\n3070.92<\/td>\n15408<\/td>\n1038.63<\/td>\n83.28<\/td>\n<\/tr>\n
Support 1<\/td>\n1671.67<\/td>\n3065.33<\/td>\n15372<\/td>\n1034.57<\/td>\n82.94<\/td>\n<\/tr>\n
Support 2<\/td>\n1665.83<\/td>\n3057.17<\/td>\n15325<\/td>\n1027.23<\/td>\n82.70<\/td>\n<\/tr>\n
Support 3<\/td>\n1661.92<\/td>\n3051.58<\/td>\n15289<\/td>\n1023.17<\/td>\n82.36<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nAugust Gold<\/a><\/td>\nSept. Silver<\/a><\/td>\nAugust Crude Oil<\/a><\/td>\nSept. Bonds\u00a0<\/a><\/td>\nSept. Euro<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n1315.3<\/td>\n2079.8<\/td>\n109.12<\/td>\n136 21\/32<\/td>\n1.3188<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1304.4<\/td>\n2046.7<\/td>\n107.87<\/td>\n135 24\/32<\/td>\n1.3136<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1294.2<\/td>\n2020.3<\/td>\n107.14<\/td>\n135\u00a0\u00a08\/32<\/td>\n1.3101<\/td>\n<\/tr>\n
Pivot<\/td>\n1283.3<\/td>\n1987.2<\/td>\n105.89<\/td>\n134 11\/32<\/td>\n1.3049<\/td>\n<\/tr>\n
Support 1<\/td>\n1273.1<\/td>\n1960.8<\/td>\n105.16<\/td>\n133 27\/32<\/td>\n1.3014<\/td>\n<\/tr>\n
Support 2<\/td>\n1262.2<\/td>\n1927.7<\/td>\n103.91<\/td>\n132 30\/32<\/td>\n1.2962<\/td>\n<\/tr>\n
Support 3<\/td>\n1252.0<\/td>\n1901.3<\/td>\n103.18<\/td>\n132 14\/32<\/td>\n1.2927<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec Corn<\/a><\/td>\nSept. Wheat<\/a><\/td>\nNov.Beans<\/a><\/td>\nDec. SoyMeal<\/a><\/td>\nDec. bean Oil<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n508.0<\/td>\n671.0<\/td>\n1279.17<\/td>\n386.17<\/td>\n46.00<\/td>\n<\/tr>\n
Resistance 2<\/td>\n506.5<\/td>\n670.5<\/td>\n1271.58<\/td>\n381.83<\/td>\n45.83<\/td>\n<\/tr>\n
Resistance 1<\/td>\n505.0<\/td>\n670.0<\/td>\n1267.67<\/td>\n379.37<\/td>\n45.55<\/td>\n<\/tr>\n
Pivot<\/td>\n503.5<\/td>\n669.5<\/td>\n1260.08<\/td>\n375.03<\/td>\n45.38<\/td>\n<\/tr>\n
Support 1<\/td>\n502.0<\/td>\n669.0<\/td>\n1256.2<\/td>\n372.6<\/td>\n45.1<\/td>\n<\/tr>\n
Support 2<\/td>\n500.5<\/td>\n668.5<\/td>\n1248.58<\/td>\n368.23<\/td>\n44.93<\/td>\n<\/tr>\n
Support 3<\/td>\n499.0<\/td>\n668.0<\/td>\n1244.67<\/td>\n365.77<\/td>\n44.65<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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

<\/h3>\n\n\n\n\n\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
TueJul 16<\/td>\n<\/a>\u00a04:00am<\/td>\nEUR<\/td>\n<\/td>\nItalian Trade Balance<\/td>\n<\/td>\n<\/td>\n2.14B<\/td>\n1.91B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman ZEW Economic Sentiment<\/td>\n<\/td>\n<\/td>\n39.8<\/td>\n38.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nZEW Economic Sentiment<\/td>\n<\/td>\n<\/td>\n31.8<\/td>\n30.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nCPI y\/y<\/td>\n<\/td>\n<\/td>\n1.6%<\/td>\n1.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nCore CPI y\/y<\/td>\n<\/td>\n<\/td>\n1.2%<\/td>\n1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nTrade Balance<\/td>\n<\/td>\n<\/td>\n15.8B<\/td>\n16.1B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nCore CPI 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>\nCPI m\/m<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:00am<\/td>\nUSD<\/td>\n<\/td>\nTIC Long-Term Purchases<\/td>\n<\/td>\n<\/td>\n14.3B<\/td>\n-37.3B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:15am<\/td>\nUSD<\/td>\n<\/td>\nCapacity Utilization Rate<\/td>\n<\/td>\n<\/td>\n77.8%<\/td>\n77.6%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nIndustrial Production m\/m<\/td>\n<\/td>\n<\/td>\n0.2%<\/td>\n0.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nNAHB Housing Market Index<\/td>\n<\/td>\n<\/td>\n51<\/td>\n52<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:15pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member George Speaks<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\n<\/span>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":[67],"tags":[144,129],"class_list":["post-5681","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-futures-trading-levels","tag-support-resistance-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/5681","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=5681"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/5681\/revisions"}],"predecessor-version":[{"id":5683,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/5681\/revisions\/5683"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=5681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=5681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=5681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}