Futures Trading Levels & Economic Reports for April 10th 2018
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Dear Traders,
Intra-day as well as day to day volatility continues to be extremely high.
I hate sounding like a broken record but one must adjust their trading, money management and more to be able to survive in this high volatility period.
Review your trading, do some homework every day. be honest with yourself and adjust where you need to adjust.
Make sure you are trading the right size?
working with stops?
Reviewing your settings for targets and stops?
Keeping a journal?
Trading is not easy and if you don’t put the time and effort to try and be better the bottom line in your account will reflect this.
30 Minute chart of the NQ for your review below…..I marked the dollar value against you if you were wrong from high to low to make a point of the HUGE volatility. Over $3,000 per ONE contract…..
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
4-10-2018
| Contract June 2018 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | BitCoin Index |
| Resistance 3 | 2692.25 | 6747.33 | 24699 | 1556.93 | 7695.57 |
| Resistance 2 | 2673.00 | 6682.67 | 24522 | 1547.17 | 7433.41 |
| Resistance 1 | 2646.00 | 6589.33 | 24264 | 1533.13 | 7037.46 |
| Pivot | 2626.75 | 6524.67 | 24087 | 1523.37 | 6775.30 |
| Support 1 | 2599.75 | 6431.33 | 23829 | 1509.33 | 6379.35 |
| Support 2 | 2580.50 | 6366.67 | 23652 | 1499.57 | 6117.19 |
| Support 3 | 2553.50 | 6273.33 | 23394 | 1485.53 | 5721.24 |
| Contract | June Gold | May Silver | May Crude Oil | June Bonds | June Euro |
| Resistance 3 | 1356.0 | 16.83 | 65.66 | 147 11/32 | 1.2481 |
| Resistance 2 | 1348.7 | 16.69 | 64.64 | 146 26/32 | 1.2437 |
| Resistance 1 | 1344.6 | 16.59 | 63.98 | 146 15/32 | 1.2410 |
| Pivot | 1337.3 | 16.44 | 62.96 | 145 30/32 | 1.2366 |
| Support 1 | 1333.2 | 16.34 | 62.30 | 145 19/32 | 1.2338 |
| Support 2 | 1325.9 | 16.20 | 61.28 | 145 2/32 | 1.2294 |
| Support 3 | 1321.8 | 16.10 | 60.62 | 144 23/32 | 1.2267 |
| Contract | May Corn | May Wheat | May Beans | May SoyMeal | May Nat Gas |
| Resistance 3 | 396.0 | 513.4 | 1061.83 | 401.90 | 2.79 |
| Resistance 2 | 394.3 | 503.6 | 1056.17 | 397.60 | 2.75 |
| Resistance 1 | 392.5 | 497.2 | 1051.58 | 393.60 | 2.72 |
| Pivot | 390.8 | 487.3 | 1045.92 | 389.30 | 2.68 |
| Support 1 | 389.0 | 480.9 | 1041.3 | 385.3 | 2.7 |
| Support 2 | 387.3 | 471.1 | 1035.67 | 381.00 | 2.62 |
| Support 3 | 385.5 | 464.7 | 1031.08 | 377.00 | 2.60 |
Economic Reports, source:
