COT Reports and Other Valuable Information Available from the CFTC 4.20.2018
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Dear Traders,
A Quick Review of Valuable Reports Made Available by the C.F.T.C. for All Traders
By John Thorpe, Cannon Trading Senior Broker
A data source that escapes many futures traders and should be reviewed if you are a serious position trader are the reports compiled on a weekly basis by our chief regulator, The Commodity Futures Trading Commission CFTC. These reports offer insight into market imbalances, liquidity, and large bank, both domestic and international, participation. I encourage all traders, even day traders, to familiarize yourself with these reports as they provide a salient view of market structure given a particular futures contract as the structure changes over time.
There is:
1.) BPR’s “Bank Participation Rate” reports which, by open interest you can view market imbalances. Bank Participation Rate Webpage
Another report compiled by the CFTC is the:
2.) Net position changes. The Large Trader Net Position Changes and the Trading Account Net Position Changes data provides the public with a view of the amount of trading that results in net changes to positions at the trader level and at the account level. Net Position Changes Webpage
Good Trading!
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.
Futures Trading Levels
4-20-2018
| Contract June 2018 | SP500 #ES_F | Nasdaq100 #NQ_F | Dow Jones #YM_F | Mini Russell #RTY_F | BitCoin Index #XBT_F |
| Resistance 3 | 2741.08 | 6956.58 | 25024 | 1608.53 | 8507.56 |
| Resistance 2 | 2727.17 | 6911.42 | 24903 | 1599.77 | 8397.96 |
| Resistance 1 | 2709.33 | 6845.58 | 24757 | 1587.73 | 8323.35 |
| Pivot | 2695.42 | 6800.42 | 24636 | 1578.97 | 8213.75 |
| Support 1 | 2677.58 | 6734.58 | 24490 | 1566.93 | 8139.14 |
| Support 2 | 2663.67 | 6689.42 | 24369 | 1558.17 | 8029.54 |
| Support 3 | 2645.83 | 6623.58 | 24223 | 1546.13 | 7954.93 |
| Contract | June Gold #GC_F | May Silver #SI-F | June Crude Oil #CL-F | June Bonds #ZB_F | June Euro #6E_F |
| Resistance 3 | 1371.2 | 17.65 | 70.74 | 146 8/32 | 1.2515 |
| Resistance 2 | 1364.4 | 17.51 | 70.14 | 145 19/32 | 1.2484 |
| Resistance 1 | 1356.7 | 17.38 | 69.19 | 144 22/32 | 1.2442 |
| Pivot | 1349.9 | 17.24 | 68.59 | 144 1/32 | 1.2411 |
| Support 1 | 1342.2 | 17.11 | 67.64 | 143 4/32 | 1.2369 |
| Support 2 | 1335.4 | 16.97 | 67.04 | 142 15/32 | 1.2338 |
| Support 3 | 1327.7 | 16.84 | 66.09 | 141 18/32 | 1.2296 |
| Contract | July Corn #ZC_F | July Wheat #ZW_F | July Beans #ZS_F | July SoyMeal #ZM_F | May Nat Gas #NG_F |
| Resistance 3 | 385.8 | 487.6 | 1061.58 | 381.63 | 2.82 |
| Resistance 2 | 384.5 | 483.4 | 1057.17 | 379.77 | 2.79 |
| Resistance 1 | 383.3 | 480.1 | 1053.08 | 376.53 | 2.73 |
| Pivot | 382.0 | 475.9 | 1048.67 | 374.67 | 2.69 |
| Support 1 | 380.8 | 472.6 | 1044.6 | 371.4 | 2.6 |
| Support 2 | 379.5 | 468.4 | 1040.17 | 369.57 | 2.60 |
| Support 3 | 378.3 | 465.1 | 1036.08 | 366.33 | 2.54 |
Economic Reports, source:
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 judgement in trading.
