Emini NQ Chart, Weekly Options reading & Trading Levels 5.19.2020 - Support & Resistance Levels

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Emini NQ Chart, Weekly Options reading & Trading Levels 5.19.2020

 

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Dear Traders,
No commentary today. A good read on using weekly options at:
I personally like using weekly options rather than using a stop loss – better staying power in my opinion.
Mini NASDAQ 100 chart ( NQ) below for your review…Amazing what TEN TRILLION FED JUICE can do…($10,000,000,000,000)
Sign up for the Trading indicators shown in the chart her! ( red arrow/square = potential sell, blue arrow/ square=potential buy etc.))

 

Good Trading

Trading Futures, Options on Futures, Gold 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 when it comes to Futures Trading.

 

Futures Trading Levels

05-19-2020

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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.

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