{"id":9314,"date":"2014-10-15T12:07:53","date_gmt":"2014-10-15T20:07:53","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=9314"},"modified":"2015-01-08T12:00:46","modified_gmt":"2015-01-08T20:00:46","slug":"moves-futures-indices-crude-oil-gold-economic-reports-levels-10-16-2014","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/moves-futures-indices-crude-oil-gold-economic-reports-levels-10-16-2014\/","title":{"rendered":"Moves in the Futures Indices, Crude Oil & Gold, Economic Reports & Levels 10.16.2014"},"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
\n

\u00a0I may sound like\u00a0I keep repeating myself\u00a0but make sure you are adapting to the different market conditions we are seeing compared\u00a0to a\u00a0month ago or so.<\/p>\n

There is much higher volatility, speed of price change and wider ranges.<\/p>\n

Moves today in bonds, S&P, Russell, Crude, Gold and many other markets were very sharp, fast and powerful. This obviously presents both risks and opportunities but for newcomers – mostly risk.<\/p>\n

This is a good day to keep notes on in your journal. What caused the price action? What type of “bands” did the market have? How did you do as a trader?\u00a0What can you do better and learn from for the next “Wild, crazy” day which may even happen tomorrow?<\/p>\n

 <\/p>\n

The biggest advice I can give on days like today is to make sure you don’t lose it….make sure you know what your daily loss limit is and step away if it gets triggered. This is one of those days where I have seen traders blow their whole account up…..So\u00a0just\u00a0make sure you live to trade another day!<\/p>\n

 <\/p>\n

<\/p>\n

 <\/p>\n

GOOD TRADING<\/strong> !<\/p>\n<\/div>\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

 <\/p>\n

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

 <\/p>\n


\nFutures Trading Levels<\/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. 2014<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1959.42<\/td>\n3983.67<\/td>\n16900<\/td>\n1117.23<\/td>\n87.54<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1921.33<\/td>\n3907.58<\/td>\n16615<\/td>\n1095.37<\/td>\n86.84<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1889.17<\/td>\n3843.42<\/td>\n16340<\/td>\n1082.53<\/td>\n85.94<\/td>\n<\/tr>\n
Pivot<\/td>\n1851.08<\/td>\n3767.33<\/td>\n16055<\/td>\n1060.67<\/td>\n85.23<\/td>\n<\/tr>\n
Support 1<\/td>\n1818.92<\/td>\n3703.17<\/td>\n15780<\/td>\n1047.83<\/td>\n84.33<\/td>\n<\/tr>\n
Support 2<\/td>\n1780.83<\/td>\n3627.08<\/td>\n15495<\/td>\n1025.97<\/td>\n83.63<\/td>\n<\/tr>\n
Support 3<\/td>\n1748.67<\/td>\n3562.92<\/td>\n15220<\/td>\n1013.13<\/td>\n82.73<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDecember Gold<\/td>\nDec.Silver<\/td>\nNov. Crude Oil<\/td>\nDec. Bonds<\/td>\nDec. Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1279.8<\/td>\n18.62<\/td>\n85.12<\/td>\n151 18\/32<\/td>\n1.3192<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1265.1<\/td>\n18.22<\/td>\n83.79<\/td>\n149 25\/32<\/td>\n1.3043<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1251.5<\/td>\n17.82<\/td>\n82.68<\/td>\n146 24\/32<\/td>\n1.2929<\/td>\n<\/tr>\n
Pivot<\/td>\n1236.8<\/td>\n17.42<\/td>\n81.35<\/td>\n144 31\/32<\/td>\n1.2780<\/td>\n<\/tr>\n
Support 1<\/td>\n1223.2<\/td>\n17.02<\/td>\n80.24<\/td>\n141 30\/32<\/td>\n1.2666<\/td>\n<\/tr>\n
Support 2<\/td>\n1208.5<\/td>\n16.62<\/td>\n78.91<\/td>\n140 5\/32<\/td>\n1.2517<\/td>\n<\/tr>\n
Support 3<\/td>\n1194.9<\/td>\n16.22<\/td>\n77.80<\/td>\n137 4\/32<\/td>\n1.2403<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec Corn<\/td>\nDec. Wheat<\/td>\nNov. Beans<\/td>\nDec. SoyMeal<\/td>\nDec. bean Oil<\/td>\n<\/tr>\n
Resistance 3<\/td>\n365.7<\/td>\n523.3<\/td>\n995.33<\/td>\n338.43<\/td>\n33.24<\/td>\n<\/tr>\n
Resistance 2<\/td>\n361.8<\/td>\n519.2<\/td>\n986.17<\/td>\n334.17<\/td>\n32.97<\/td>\n<\/tr>\n
Resistance 1<\/td>\n354.7<\/td>\n512.6<\/td>\n969.33<\/td>\n330.73<\/td>\n32.48<\/td>\n<\/tr>\n
Pivot<\/td>\n350.8<\/td>\n508.4<\/td>\n960.17<\/td>\n326.47<\/td>\n32.21<\/td>\n<\/tr>\n
Support 1<\/td>\n343.7<\/td>\n501.8<\/td>\n943.3<\/td>\n323.0<\/td>\n31.7<\/td>\n<\/tr>\n
Support 2<\/td>\n339.8<\/td>\n497.7<\/td>\n934.17<\/td>\n318.77<\/td>\n31.45<\/td>\n<\/tr>\n
Support 3<\/td>\n332.7<\/td>\n491.1<\/td>\n917.33<\/td>\n315.33<\/td>\n30.96<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n
<\/div>\n
<\/div>\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

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:43pm<\/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
ThuOct 16<\/td>\n<\/a>\u00a04:00am<\/td>\nEUR<\/td>\n<\/td>\nItalian Trade Balance<\/td>\n<\/td>\n<\/td>\n3.24B<\/td>\n6.86B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nFinal CPI y\/y<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nFinal Core CPI y\/y<\/td>\n<\/td>\n<\/td>\n0.7%<\/td>\n0.7%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nEUR<\/td>\n<\/td>\nTrade Balance<\/td>\n<\/td>\n<\/td>\n13.5B<\/td>\n12.2B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\nSpanish 10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.08|1.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\nTentative<\/td>\nEUR<\/td>\n<\/td>\nGerman Buba President Weidmann Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:00am<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Plosser Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Claims<\/td>\n<\/td>\n<\/td>\n286K<\/td>\n287K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:15am<\/td>\nUSD<\/td>\n<\/td>\nCapacity Utilization Rate<\/td>\n<\/td>\n<\/td>\n79.0%<\/td>\n78.8%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nIndustrial Production m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n-0.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nPhilly Fed Manufacturing Index<\/td>\n<\/td>\n<\/td>\n19.9<\/td>\n22.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Kocherlakota Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nUSD<\/td>\n<\/td>\nNAHB Housing Market Index<\/td>\n<\/td>\n<\/td>\n59<\/td>\n59<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nNatural Gas Storage<\/td>\n<\/td>\n<\/td>\n91B<\/td>\n105B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n11:00am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n2.3M<\/td>\n5.0M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n4:00pm<\/td>\nUSD<\/td>\n<\/td>\nTIC Long-Term Purchases<\/td>\n<\/td>\n<\/td>\n23.3B<\/td>\n-18.6B<\/td>\n<\/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 <\/span>Cannon Trading Inc<\/a>. 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.<\/span><\/p>\n

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

Hello Traders, For 2014 I would like to wish all of you discipline and patience in your trading! Voted Number 1 futures trading blog! \u00a0I may sound like\u00a0I keep repeating myself\u00a0but make sure you are adapting to the different market conditions we are seeing compared\u00a0to a\u00a0month ago or so. There is much higher volatility, speed […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119,67,344,236],"tags":[357,698,36],"class_list":["post-9314","post","type-post","status-publish","format-standard","hentry","category-crude-oil","category-future-trading-news","category-indices","category-metal-futures","tag-crude-oil-2","tag-futures-indices","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/9314","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=9314"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/9314\/revisions"}],"predecessor-version":[{"id":9426,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/9314\/revisions\/9426"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=9314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=9314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=9314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}