Market Trade Plan for the Week of November 13th, 2017

Market Trade Plan for the Week of November 13th, 2017

 

Monday mid-day, Jack Gleason founder of Major League Trading.com reviews his trade plan for the coming week beginning on November 13th, 2017, identifying what markets he will be watching for possible trading opportunities and covering upcoming news that could potentially impact markets. Additionally, key technical levels of support & resistance for the following markets will be something you want to be dialed into:  Nasdaq, Crude Oil, Corn and USDCAD
 

Focus today will be Nasdaq which was the strongest last week of the US indices on a 5 day and 10day period. The Crude Oil which had a nice run higher and has run into a bit of consolidation but looking for a potential pullback.  Corn had a nice break last week on the crop report and close to the lows of the year but looking for a possible retest of previous support as resistance now at 345.75 as an alert level. Finally, the USD/CAD which had a nice move higher and the recent selling will be looking for levels of support for potential trades. 

 

Tuesday, November 14th

6:00 am- ECB President Draghi speaks (EUR), BOE Gov Carney speaks (GBP), BOJ Gov Kuroda Speaks (JPY), Fed Chair Yellen Speaks (USD)

9:30 am- PPI m/m (USD)

 

Wednesday, November 15th

5:30 am - Average Earnings Index 3m/y (GBP)

9:30 am - CPI m/m, Core CPI m/m, Core Retail Sales m/m, Retail Sales m/m (USD)

11:30 am- Crude Oil Inventories (USD)

8:30 pm - Employment Change, Unemployment Rate (AUD)

 

Thursday, November 16th

5:30 am- Retail Sales m/m (GBP)

9:30 am- Unemployment Claims (USD)

10:00 am- BOE Gov Carney Speaks (GBP)

 

Friday, November 17th

4:30 am- ECB President Draghi Speaks (EUR)

9:30 am- CPI m/m (CAD), Building Permits (USD)

 

 

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