Daily Support & Resistance Levels and Other valuable Info for Futures Traders...

Levels for Wednesday, Sept. 7th below.

Keep in mind that crude oil inventories will come out Thursday instead of the regular Wednesday morning release.

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Heads up! As opposed to most weeks when they’re released on Wednesday and Thursday, this week’s Energy Information Agency reports on natural gas storage and crude oil storage will be released on the same day: this Thursday at 9:30 A.M. and 10:00 A.M., Central Time, respectively. The Labor Day holiday effected this schedule change.

Dec. crude oil continued its downward slide today, losing $5.01/barrel ( >5% ) to an intraday low of $81.02/barrel, almost $30/barrel off its mid-May highs. Dec. unleaded gas (RBOB) followed with its own ±10-cent/±4.6% decline to ±$2.22/gal. intraday, a 7-month low.

Levels for tomorrow:

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CannonTrading_Ilan said:
Heads up! As opposed to most weeks when they’re released on Wednesday and Thursday, this week’s Energy Information Agency reports on natural gas storage and crude oil storage will be released on the same day: this Thursday at 9:30 A.M. and 10:00 A.M., Central Time, respectively. The Labor Day holiday effected this schedule change.

Dec. crude oil continued its downward slide today, losing $5.01/barrel ( >5% ) to an intraday low of $81.02/barrel, almost $30/barrel off its mid-May highs. Dec. unleaded gas (RBOB) followed with its own ±10-cent/±4.6% decline to ±$2.22/gal. intraday, a 7-month low.

Levels for tomorrow:

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You are confusing your readers. Why are you speaking of Dec RBOB and WTI when we are not yet rolling into November contracts? Thinking of doing spreads perhaps? Heh.
 
Trading levels for Sept. 9th below.
September still front month on stock indices.
I personally like to switch to the next month, December in this case, the Monday of the expiration week, which will be this coming Monday. The levels we post use the month with the highest volume which is still September for stock indices.

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December is now front month for stock indices.

Trading levels for Sept. 13th below:

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Levels for tomorrow ( PPI as well as crude levels) below.

More on the large, sharp move we saw today right when CPI came out and more on our daily blog.

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Trading levels for Friday, Sept. 16th below.
December currencies will be front month as of tomorrow.


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