{"id":703,"date":"2010-11-16T03:40:26","date_gmt":"2010-11-16T03:40:26","guid":{"rendered":"http:\/\/www.cannontrading.com\/daily\/?p=703"},"modified":"2014-09-10T00:56:00","modified_gmt":"2014-09-10T08:56:00","slug":"futures-trading-levels-and-economic-reports-for%c2%a0november-16th-2010","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-and-economic-reports-for%c2%a0november-16th-2010\/","title":{"rendered":"Futures Trading Levels and Economic Reports for\u00a0November 16th, 2010"},"content":{"rendered":"<p>The market feels to me as if it is either ready to pick up some more momentum to the downside or that this small correction ran its course and the trend up will resume&#8230;.<\/p>\n<p>I am looking at the following levels and price behavior around these levels to give me more clues as to which way the next move will be.<\/p>\n<p>1206 on the way up (Dec. Mini SP 500) and 1189 on the way down.<\/p>\n<p>Hourly chart FYI below:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-704\" title=\"SP-500-Day-Trading-2010-11-16\" alt=\"SP-500-Day-Trading-2010-11-16\" src=\"https:\/\/www.cannontrading.com\/daily\/wp-content\/uploads\/SP-500-Day-Trading-2010-11-16.png\" width=\"540\" height=\"477\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/SP-500-Day-Trading-2010-11-16.png 675w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/SP-500-Day-Trading-2010-11-16-300x264.png 300w\" sizes=\"auto, (max-width: 540px) 100vw, 540px\" \/><!--more--><\/p>\n<p><strong>GOOD TRADING!<\/strong><\/p>\n<p>TRADING LEVELS<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-705\" title=\"futures-trading-levels-20101116\" alt=\"futures-trading-levels-20101116\" src=\"https:\/\/www.cannontrading.com\/daily\/wp-content\/uploads\/futures-trading-levels-201009161.png\" width=\"540\" height=\"233\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/futures-trading-levels-201009161.png 675w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/futures-trading-levels-201009161-300x129.png 300w\" sizes=\"auto, (max-width: 540px) 100vw, 540px\" \/><\/p>\n<p>This Week&#8217;s Calendar from <a href=\"http:\/\/www.econoday.com\/\" target=\"_blank\" rel=\"noopener\">Econoday.Com<\/a><br \/>\n<strong>All reports are EST time<\/strong><\/p>\n<p>Another great source for economic reports around the globe with &#8220;report importance indicator&#8221; at: <a href=\"http:\/\/www.forexfactory.com\/calendar.php\" target=\"_blank\" rel=\"noopener\">http:\/\/www.forexfactory.com\/calendar.php<\/a><\/p>\n<p>Tuesday, November 16th 2010 &#8211; <a href=\"http:\/\/mam.econoday.com\/byweek.asp?cust=mam\" target=\"_blank\" rel=\"noopener\">http:\/\/mam.econoday.com\/byweek.asp?cust=mam<\/a><\/p>\n<p><strong>ICSC-Goldman Store Sales<br \/>\n7:45 AM ET<\/strong><\/p>\n<p>Producer Price Index<br \/>\n8:30 AM ET<\/p>\n<p>Redbook<br \/>\n8:55 AM ET<\/p>\n<p>Treasury International Capital<br \/>\n9:00 AM ET<\/p>\n<p>Industrial Production<br \/>\n9:15 AM ET<\/p>\n<p>Housing Market Index<br \/>\n10:00 AM ET<\/p>\n<p>4-Week Bill Auction<br \/>\n11:30 AM ET<\/p>\n<p>52-Week Bill Auction<br \/>\n11:30 AM ET<\/p>\n<p>This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Company, Inc. 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":"<p>The market feels to me as if it is either ready to pick up some more momentum to the downside or that this small correction ran its course and the trend up will resume&#8230;. I am looking at the following levels and price behavior around these levels to give me more clues as to which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,70,30,3,61,234],"tags":[8,7,6,16,240,11,12],"class_list":["post-703","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-future-trading-platform","category-futures-broker-2","category-futures-exchange","category-futures-trading-2","category-trading-guide","tag-futures-exchange-2","tag-futures-market","tag-futures-quotes","tag-futures-trading","tag-futures-trading-levels-economic-reports","tag-online-broker","tag-online-trading"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/703","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=703"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/703\/revisions"}],"predecessor-version":[{"id":7569,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/703\/revisions\/7569"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}