{"id":6055,"date":"2013-10-22T12:08:10","date_gmt":"2013-10-22T20:08:10","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=6055"},"modified":"2014-09-16T03:22:48","modified_gmt":"2014-09-16T11:22:48","slug":"futures-trading-levels-and-economic-reports-for-october-23-2013","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-and-economic-reports-for-october-23-2013\/","title":{"rendered":"Futures Trading Levels and Economic Reports for October 23, 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.\u00a0Futures 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 October 23, 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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I had 3376 as potential target for the mini NASDAQ<\/a> for the last week or so. To be honest, I DID NOT think it would make it there but it did…question is now what?<\/p>\n

If you are a counter trend trader, you can go short against this level risking a few points above it. If you are more on the conservative side, you probably want to wait for a trigger that the market is running out of steam before trying the short side….That trigger may be a cross over of stochastic on the hourly chart, perhaps a break below today’s lows….really depends on the style of trade you feel comfortable with and the time frame you are trading. The chart below is more for what I call swing trading rather than day trading.<\/p>\n

There are many different ways to lose money trading futures<\/a> and very few to make $$$. Some methods will work on some markets, some of the time. I have not found a way that works on all markets all the time….<\/p>\n

Daily chart for your review below:<\/p>\n

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\"ENQ<\/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<\/div>\n

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GOOD TRADING<\/strong><\/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

If you like Our Futures Trading Daily Support and Resistance Levels, Please share! <\/strong><\/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 Dec. 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>\n1775.83<\/td>\n3418.08<\/td>\n15628<\/td>\n1132.70<\/td>\n80.33<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1765.17<\/td>\n3397.67<\/td>\n15543<\/td>\n1126.60<\/td>\n80.09<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1757.33<\/td>\n3378.83<\/td>\n15473<\/td>\n1119.80<\/td>\n79.70<\/td>\n<\/tr>\n
Pivot<\/td>\n1746.67<\/td>\n3358.42<\/td>\n15388<\/td>\n1113.70<\/td>\n79.47<\/td>\n<\/tr>\n
Support 1<\/td>\n1738.83<\/td>\n3339.58<\/td>\n15318<\/td>\n1106.90<\/td>\n79.08<\/td>\n<\/tr>\n
Support 2<\/td>\n1728.17<\/td>\n3319.17<\/td>\n15233<\/td>\n1100.80<\/td>\n78.84<\/td>\n<\/tr>\n
Support 3<\/td>\n1720.33<\/td>\n3300.33<\/td>\n15163<\/td>\n1094.00<\/td>\n78.45<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec. Gold<\/a><\/td>\nDec. Silver<\/a><\/td>\nDec. Crude Oil<\/a><\/td>\nDec. Bonds\u00a0<\/a><\/td>\nDec. Euro<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n1388.8<\/td>\n2387.3<\/td>\n101.83<\/td>\n136 28\/32<\/td>\n1.3960<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1366.7<\/td>\n2335.2<\/td>\n101.06<\/td>\n136<\/td>\n1.3877<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1353.6<\/td>\n2302.8<\/td>\n99.68<\/td>\n135 15\/32<\/td>\n1.3829<\/td>\n<\/tr>\n
Pivot<\/td>\n1331.5<\/td>\n2250.7<\/td>\n98.91<\/td>\n134 19\/32<\/td>\n1.3746<\/td>\n<\/tr>\n
Support 1<\/td>\n1318.4<\/td>\n2218.3<\/td>\n97.53<\/td>\n134\u00a0\u00a02\/32<\/td>\n1.3698<\/td>\n<\/tr>\n
Support 2<\/td>\n1296.3<\/td>\n2166.2<\/td>\n96.76<\/td>\n133\u00a0\u00a06\/32<\/td>\n1.3615<\/td>\n<\/tr>\n
Support 3<\/td>\n1283.2<\/td>\n2133.8<\/td>\n95.38<\/td>\n132 21\/32<\/td>\n1.3567<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec Corn<\/a><\/td>\nDec. Wheat<\/a><\/td>\nNov.Beans<\/a><\/td>\nDec. SoyMeal<\/a><\/td>\nDec. bean Oil<\/a><\/td>\n<\/tr>\n
Resistance 3<\/td>\n447.8<\/td>\n704.5<\/td>\n1317.83<\/td>\n425.10<\/td>\n41.97<\/td>\n<\/tr>\n
Resistance 2<\/td>\n445.4<\/td>\n703.8<\/td>\n1311.42<\/td>\n421.30<\/td>\n41.86<\/td>\n<\/tr>\n
Resistance 1<\/td>\n441.8<\/td>\n702.3<\/td>\n1306.83<\/td>\n418.70<\/td>\n41.69<\/td>\n<\/tr>\n
Pivot<\/td>\n439.4<\/td>\n701.5<\/td>\n1300.42<\/td>\n414.90<\/td>\n41.58<\/td>\n<\/tr>\n
Support 1<\/td>\n435.8<\/td>\n700.0<\/td>\n1295.8<\/td>\n412.3<\/td>\n41.4<\/td>\n<\/tr>\n
Support 2<\/td>\n433.4<\/td>\n699.3<\/td>\n1289.42<\/td>\n408.50<\/td>\n41.30<\/td>\n<\/tr>\n
Support 3<\/td>\n429.8<\/td>\n697.8<\/td>\n1284.83<\/td>\n405.90<\/td>\n41.13<\/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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<\/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

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:01pm<\/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
WedOct 23<\/td>\n<\/a>\u00a0Tentative<\/td>\nEUR<\/td>\n<\/td>\nGerman 30-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.47|1.6<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nImport Prices m\/m<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n0.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:00am<\/td>\nEUR<\/td>\n<\/td>\nBelgian NBB Business Climate<\/td>\n<\/td>\n<\/td>\n-4.1<\/td>\n-6.7<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nHPI m\/m<\/td>\n<\/td>\n<\/td>\n0.8%<\/td>\n1.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nEUR<\/td>\n<\/td>\nConsumer Confidence<\/td>\n<\/td>\n<\/td>\n-14<\/td>\n-15<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n2.7M<\/td>\n4.0M<\/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.<\/p>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1.\u00a0Market Commentary 2.\u00a0Futures 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 Wednesday […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,67],"tags":[91],"class_list":["post-6055","post","type-post","status-publish","format-standard","hentry","category-commodity-trading-2","category-future-trading-news","tag-e-mini-nasdaq-100"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6055","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=6055"}],"version-history":[{"count":14,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6055\/revisions"}],"predecessor-version":[{"id":6062,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/6055\/revisions\/6062"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=6055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=6055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=6055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}