{"id":7255,"date":"2014-08-05T12:46:32","date_gmt":"2014-08-05T20:46:32","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=7255"},"modified":"2017-07-19T01:55:24","modified_gmt":"2017-07-19T09:55:24","slug":"crude-oil-futures-testing-major-weekly-support-level-sp500-volatility-higher-levels-8-6-2014","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/crude-oil-futures-testing-major-weekly-support-level-sp500-volatility-higher-levels-8-6-2014\/","title":{"rendered":"Crude Oil Futures Testing Major Weekly Support Level, SP500 Volatility Higher + Levels for 8.6.2014"},"content":{"rendered":"

Hello Traders,<\/strong><\/p>\n

For 2014 I would like to wish all of you discipline and patience in your trading!<\/em><\/p>\n

\n
Voted Number 1 futures trading blog! <\/a><\/div>\n<\/div>\n

Volatility has picked up again! Make sure you adapt as markets are always changing and what may work for range bound\/ low volatility<\/a> days will not work for wide range\/ higher volatility days.<\/p>\n

I see major support for SP500 at 1795 and it will be interesting to see price reaction if we test this level in the next few days.<\/p>\n

On a different note, I wrote a quick analysis along with chart for Crude Oil futures<\/a> at:<\/p>\n

http:\/\/experts.forexmagnates.com\/crude-oil-attempting-break-lower\/<\/a><\/p>\n

<\/p>\n

\n

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. Past performance is not indicative to future results.<\/p>\n

If you like Our Futures Trading Daily Support and Resistance Levels<\/a>, Please share! <\/strong><\/p>\n

Futures Trading Levels<\/strong><\/p>\n\n\n\n\n\n\n\n<\/colgroup>\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. 2014<\/td>\n\u00a0SP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1954.92<\/td>\n3947.92<\/td>\n16680<\/td>\n1143.87<\/td>\n82.07<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1944.08<\/td>\n3924.08<\/td>\n16590<\/td>\n1135.53<\/td>\n81.89<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1929.17<\/td>\n3899.42<\/td>\n16479<\/td>\n1127.07<\/td>\n81.73<\/td>\n<\/tr>\n
Pivot<\/td>\n1918.33<\/td>\n3875.58<\/td>\n16389<\/td>\n1118.73<\/td>\n81.55<\/td>\n<\/tr>\n
Support 1<\/td>\n1903.42<\/td>\n3850.92<\/td>\n16278<\/td>\n1110.27<\/td>\n81.40<\/td>\n<\/tr>\n
Support 2<\/td>\n1892.58<\/td>\n3827.08<\/td>\n16188<\/td>\n1101.93<\/td>\n81.22<\/td>\n<\/tr>\n
Support 3<\/td>\n1877.67<\/td>\n3802.42<\/td>\n16077<\/td>\n1093.47<\/td>\n81.06<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDecember Gold<\/td>\nSept.Silver<\/td>\nSept. Crude Oil<\/td>\nSeptember Bonds<\/td>\nSept. Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1306.4<\/td>\n2065.0<\/td>\n100.18<\/td>\n139 19\/32<\/td>\n1.3483<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1300.7<\/td>\n2047.0<\/td>\n99.43<\/td>\n139\u00a0 1\/32<\/td>\n1.3455<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1294.7<\/td>\n2012.0<\/td>\n98.51<\/td>\n138 21\/32<\/td>\n1.3416<\/td>\n<\/tr>\n
Pivot<\/td>\n1289.0<\/td>\n1994.0<\/td>\n97.76<\/td>\n138\u00a0 3\/32<\/td>\n1.3388<\/td>\n<\/tr>\n
Support 1<\/td>\n1283.0<\/td>\n1959.0<\/td>\n96.84<\/td>\n137 23\/32<\/td>\n1.3349<\/td>\n<\/tr>\n
Support 2<\/td>\n1277.3<\/td>\n1941.0<\/td>\n96.09<\/td>\n137\u00a0 5\/32<\/td>\n1.3321<\/td>\n<\/tr>\n
Support 3<\/td>\n1271.3<\/td>\n1906.0<\/td>\n95.17<\/td>\n136 25\/32<\/td>\n1.3282<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec Corn<\/td>\nSept. Wheat<\/td>\nNov. Beans<\/td>\nDec. SoyMeal<\/td>\nDec. bean Oil<\/td>\n<\/tr>\n
Resistance 3<\/td>\n372.0<\/td>\n553.2<\/td>\n1074.75<\/td>\n352.27<\/td>\n36.01<\/td>\n<\/tr>\n
Resistance 2<\/td>\n369.8<\/td>\n552.8<\/td>\n1070.25<\/td>\n349.53<\/td>\n35.96<\/td>\n<\/tr>\n
Resistance 1<\/td>\n368.5<\/td>\n552.7<\/td>\n1068.00<\/td>\n346.57<\/td>\n35.91<\/td>\n<\/tr>\n
Pivot<\/td>\n366.3<\/td>\n552.3<\/td>\n1063.50<\/td>\n343.83<\/td>\n35.86<\/td>\n<\/tr>\n
Support 1<\/td>\n365.0<\/td>\n552.2<\/td>\n1061.3<\/td>\n340.9<\/td>\n35.8<\/td>\n<\/tr>\n
Support 2<\/td>\n362.8<\/td>\n551.8<\/td>\n1056.75<\/td>\n338.13<\/td>\n35.76<\/td>\n<\/tr>\n
Support 3<\/td>\n361.5<\/td>\n551.7<\/td>\n1054.50<\/td>\n335.17<\/td>\n35.71<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
<\/div>\n
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
Date<\/th>\n4:28pm<\/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
WedAug 6<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Factory Orders m\/m<\/td>\n<\/td>\n<\/td>\n0.5%<\/td>\n-1.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\nItalian Industrial Production m\/m<\/td>\n<\/td>\n<\/td>\n0.9%<\/td>\n-1.2%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:10am<\/td>\nEUR<\/td>\n<\/td>\nRetail PMI<\/td>\n<\/td>\n<\/td>\n<\/td>\n50.0<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nItalian Prelim GDP q\/q<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nTrade Balance<\/td>\n<\/td>\n<\/td>\n-44.2B<\/td>\n-44.4B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n-1.1M<\/td>\n-3.7M<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in 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

 <\/p>\n","protected":false},"excerpt":{"rendered":"

higher volatility in stock index futures and crude oil testing major weekly levels<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76,119,230,237,67,235],"tags":[357,51,115,355,127],"class_list":["post-7255","post","type-post","status-publish","format-standard","hentry","category-commodity-trading-2","category-crude-oil","category-day-trading-2","category-energy-futures","category-future-trading-news","category-index-futures","tag-crude-oil-2","tag-crude-oil-futures","tag-crude-oil-futures-chart","tag-stock-index-august-outlook","tag-stock-index-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/7255","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=7255"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/7255\/revisions"}],"predecessor-version":[{"id":7259,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/7255\/revisions\/7259"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=7255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=7255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=7255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}