Posts Tagged ‘e mini’
Tuesday, September 7th, 2010
“An Odd Rhythm Today After the Long Weekend”
Market had some what of an odd rhythm today after the long weekend. We saw big moves in both currencies and bonds. I think that we should see clearer picture tomorrow as more traders will be back after Labor day + we have a few economic reports while today we did not have any reports.
Some levels to watch for tomorrows action from the hourly chart below.
GOOD TRADING!
TRADING LEVELS
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Wednesday, September 8th 2010 – http://mam.econoday.com/byweek.asp?cust=mam
MBA Purchase Applications
7:00 AM ET
ICSC-Goldman Store Sales
7:45 AM ET
Redbook
8:55 AM ET
Quarterly Services Survey
10:00 AM ET
10-Yr Note Auction
11:00 AM ET
4-Week Bill Auction
11:30 AM ET
Beige Book
2:00 PM ET
Consumer Credit
3:00 PM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Futures Broker, Futures Exchange, Uncategorized | No Comments »
Friday, September 3rd, 2010
“We are Trading Right Against a Major Retracement Level at 1106.50″
I mentioned a couple of days ago that this morning report will determine if we can reach the 1100′s on the SP. Well the answer turned out to be YES. As always in the futures business the current question of what’s next is more important than the previous one….
Well we are trading right against a major retracement level at 1106.50.
As long as pull backs do NOT break 1093, my bias is to the upside. Tuesday should be interesting as we should get an indication if the upside momentum has more legs or not.
Until then, enjoy the long weekend, recharge. Keep in mind the regular session is closed Monday but there is a night session Sunday night and Monday night. More info below.
Holiday schedule at:
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http://www.cannontrading.com/tools-weekly-newsletter.php#one
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and
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http://www.cmegroup.com/tools-information/holiday-calendar/files/2010-labor-day.pdf
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GOOD TRADING!
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Tuesday, September 7th 2010 – http://mam.econoday.com/byweek.asp?cust=mam
4-Week Bill Announcement
11:00 AM ET
3-Month Bill Auction
11:30 AM ET
6-Month Bill Auction
11:30 AM ET
3-Yr Note Auction
1:00 PM ET
Treasury STRIPS
3:00 PM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Uncategorized | No Comments »
Thursday, September 2nd, 2010
“It’s a Wild Ride, so Hang on with Everything You’ve Got!”
Unemployment numbers tomorrow will provide some action ahead of the long weekend.
Holiday schedule at:
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http://www.cannontrading.com/tools-weekly-newsletter.php#one
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and
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http://www.cmegroup.com/tools-information/holiday-calendar/files/2010-labor-day.pdf
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GOOD TRADING!
Trading Levels
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Friday, September 3rd 2010 – http://mam.econoday.com/byweek.asp?cust=mam
Employment Situation
8:30 AM ET
Dennis Lockhart Speaks
10:00 AM ET
ISM Non-Mfg Index
10:00 AM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Futures Broker | No Comments »
Wednesday, September 1st, 2010
September Started Out with an Impressive Rally!
The slew of reports due tomorrow and Friday, will determine if this market will visit 1093 followed by 1106
or if this is the extend of the bounce. If I had to guess based on the momentum, I would say there is a good chance we will visit the 1100 area but of course this is just a guess….
Daily chart of Mini SP 500 for your review.
GOOD TRADING!
Trading Levels
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Thursday, Sept 2nd 2010 – http://mam.econoday.com/byweek.asp?cust=mam
Chain Store Sales
Monster Employment Index
6:00 AM ET
Jobless Claims
8:30 AM ET
Productivity and Costs
8:30 AM ET
Ben Bernanke Speaks
9:00 AM ET
Sandra Pianlto Speaks
9:05 AM ET
Factory Orders
10:00 AM ET
Pending Home Sales Index
10:00 AM ET
EIA Natural Gas Report
10:30 AM ET
3-Month Bill Announcement
11:00 AM ET
6-Month Bill Announcement
11:00 AM ET
3-Yr Note Announcement
11:00 AM ET
10-Yr Note Announcement
11:00 AM ET
30-Yr Bond Announcement
11:00 AM ET
10-Yr TIPS Auction
1:00 PM ET
Fed Balance Sheet
4:30 PM ET
Money Supply
4:30 PM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Futures Broker | No Comments »
Wednesday, September 1st, 2010
Wishing all of you a great trading month in September!
Since we start a new month, I thought a monthly chart of SP 500 would be appropriate for longer term view.
My overall stance is leaning towards the bear camp.
I think that 1000-1017 are is very important support and if we break below it can accelerate selling towards 941 level very fast. On the other hand as long as that support holds the market will trade in a wide range between the 1000 level and 1115 area.
GOOD TRADING!
Trading Levels
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Wednesday, Sept 1st 2010 – http://mam.econoday.com/byweek.asp?cust=mam
Motor Vehicle Sales
MBA Purchase Applications
7:00 AM ET
Challenger Job-Cut Report
7:30 AM ET
ADP Employment Report
8:15 AM ET
ISM Mfg Index
10:00 AM ET
Construction Spending
10:00 AM ET
EIA Petroleum Status Report
10:30 AM ET
Elizabeth Duke Speaks
10:45 AM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Uncategorized | No Comments »
Monday, August 30th, 2010
“A Recipe for a much Different Trading Day”
We have a full day of reports tomorrow, including FOMC MINUTES. that should be a recipe for a much
different trading day than we had today.
I would categorize today’s session, as lower volume, lower volatility but yet wide enough ranges on the stock indices to produce different set ups to go with the reversal trend. If I had to guess for tomorrow session, I would guess higher volatility with swings in both direction. Knowing what type of trading day you are in early enough or the type of personality the market is having on any certain trading day is HUGE in my opinion as different types of trading days require different approaches/ methods and trading style.
GOOD TRADING!
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Tuesday, August 31st – http://mam.econoday.com/byweek.asp?cust=mam
ICSC-Goldman Store Sales
7:45 AM ET
Redbook
8:55 AM ET
S&P Case-Shiller HPI
9:00 AM ET
Chicago PMI
9:45 AM ET
Consumer Confidence
10:00 AM ET
State Street Investor Confidence Index
10:00 AM ET
4-Week Bill Auction
11:30 AM ET
FOMC Minutes
2:00 PM ET
Farm Prices
3:00 PM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Futures Broker | No Comments »
Friday, August 27th, 2010
“Learn From Mistakes”
We bounced pretty good from major support early this morning. Some levels to pay attention to as we start a
new week in the mini Dow chart below. Until then, relax, clear your head from trading,
“what you could have done and should have done ” etc…..write a journal if needed, learn from mistakes
when you can but don’t let negative energy hurt your trading.
Have a great weekend!
GOOD TRADING!
This Week’s Calendar from Econoday.Com
All reports are EST time
Another great source for economic reports around the globe with “report importance indicator” at: http://www.forexfactory.com/calendar.php
Monday, August 30th – http://mam.econoday.com/byweek.asp?cust=mam
Personal Income and Outlays
8:30 AM ET
4-Week Bill Announcement
11:00 AM ET
10-Yr TIPS Announcement
11:00 AM ET
3-Month Bill Auction
11:30 AM ET
6-Month Bill Auction
11:30 AM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar | No Comments »
Thursday, August 26th, 2010
“Potential for Trades on Both Sides”
Market is showing weakening signs. We need to hold previous lows of 1037 and rally in order to gain any upside
momentum. Break of this level can bring 1000.75 much quicker.
I have a feeling traders will have potential for trades on both sides depending on volatility and pre market GDP report tomorrow.
A chart of the SP 500 CASH INDEX for your review below:
GOOD TRADING!
Trading Levels
This Week’s Calendar from Econoday.Com
All reports are EST time
Friday, August 27th – http://mam.econoday.com/byweek.asp?cust=mam
Weekly Bill Settlement
GDP
8:30 AM ET
Corporate Profits
8:30 AM ET
Consumer Sentiment
9:55 AM ET
Ben Bernanke Speaks
10:00 AM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Uncategorized | No Comments »
Thursday, August 26th, 2010
Day Trading Webinar and Levels”
Below is a screen shot from todays “Live Chart” service I provide. If you are interested in 2 weeks free trail,
please visit: http://www.cannontrading.com/education-day-trading-webinar.php
Futures & Commodity Trading Levels (Potential Support/Resistance):
This Week’s Calendar from Econoday.Com
All reports are EST time
Thursday, August 26th – http://mam.econoday.com/byweek.asp?cust=mam
Weekly Bill Settlement
Jobless Claims
8:30 AM ET
EIA Natural Gas Report
10:30 AM ET
3-Month Bill Announcement
11:00 AM ET
6-Month Bill Announcement
11:00 AM ET
7-Yr Note Auction
1:00 PM ET
Fed Balance Sheet
4:30 PM ET
Money Supply
4:30 PM ET
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Futures Broker | No Comments »
Tuesday, August 24th, 2010
“We Met the Intial Target of 1049″
Yesterday I mentioned the following:
Daily chart of the mini Russell, which I consider the leader, for review below. Looks like we may get a test of previous lows and if and then the big question.. do we bounce or do we start a new leg lower:
Well the big question for this point in time is here.. we met the intial target of 1049 and from a technical point of view we are looking at some wide bands. 1049 being pivot line, 1080 being resistance and 1000.75 being major support.
Today I am sharing daily chart of the mini SP 500 for review:
to sign for free trail, visit: http://www.cannontrading.com/education-day-trading-webinar.php
Futures & Commodity Trading Levels (Potential Support/Resistance):
This Week’s Calendar from Econoday.Com
All reports are EST time
Friday August 20th – http://mam.econoday.com/byweek.asp?cust=mam
Disclaimer:
This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading 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!
Tags: commodity, commodity brokers, commodity futures, commodity trading, day trading, dow futures, e futures, e mini, futures broker, futures contract, futures exchange, futures market, futures quotes, futures trading, online broker, online trading, S&P 500
Posted in Day Trading Webinar, Futures Exchange | No Comments »
