Cannon Trading is pleased to present a FREE 3-week trial to a simple day trading concept you can learn, evaluate and implement on all major futures contracts.
In This Issue
1. Day Trading Model For Review
2. Hot Market report: Stock indices heading for a quiet summer or volatility ahead?
3. Economic Calendar
Free demo that includes the charts along the indicators below: (Diamonds and Arrows)
23 page PDF booklet with examples, explanations and more…
Live remote session during market hours to review the model with realtime price action
Diamonds:
DIAMONDS is an algorithm that was created while designing different trading systems. It is a proprietary algorithm that tries to measure exhaustion in selling or buying and possible chance of short term reversal.
The ALGO calculates recent highs/lows, consecutive highs/lows, RSI, volatility and then the formula outputs; a number that either meet certain criteria or not. RED diamonds suggest possible short term top. GREEN or BLUE diamonds suggest possible short term bottoms.
The term “suggested” is used because like any other indicator or trading strategy, the future for the next few minutes or sometimes seconds cannot be predicted.
ILM: ILM produces arrows on the charts that signal potential start of a trend. ILM is based on moving average, volatility system and proprietary calculations.
Click to enlarge screenshots
Simply review the information, fill out the form below to instantly download our trading platform, and start your FREE trial with the indicators on the charts.
From our friend Jim Wyckoff at JimWyckoff.com
Click on image below to enlarge
There is not much new going on in the S&P e-mini stock index futures. A gentle drift of sideways to higher has been the case for quite some time.
The lack of price volatility in the index suggests more of the same in the coming weeks, or longer.
Remember the old market adage: "Never short a quiet market."
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 06/16 Fri |
7:30 AM CDT - Building Permits & Housing Starts(May)
9:00 AM CDT - Mich Sentiment-Prelim(Jun) |
LT: Jun E-Mini Dow(CME)
Jun E-Mini S&P 500(CME) Jun E-Mini NASDAQ(CME) Jun Russell(CME) Jun E-Mini Dow Options(CME) Jun E-Mini S&P 500 Options(CME) Jun E-Mini NASDAQ Options(CME) Jun Russell Options(CME) Jul Cotton Options(CME) Jul Orange Juice Options(ICE) |
| 06/19 Mon |
2:00 PM CDT - Milk Production
|
FN: Jun Cocoa(ICE)
LT: Jun Currencies(CME) Jun Eurodollar(CME) Jun Mx Peso(CME) Jun US Dollar Index(ICE) Jun Eurodollar Options(CME) |
| 06/20 Tue |
7:30 AM CDT - Current Account Balance(Q1)
3:30 PM CDT - API Energy Stocks |
FN: Jun US Dollar Index(ICE)
LT: Jun Canadian Dollar(CME) Jul Crude Lt(NYM) |
| 06/21 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
9:00 AM CDT - Existing Home Sales(May) 9:30 AM CDT - EIA Petroleum Status Report 2:00 PM CDT - Dairy Product Sales |
LT: Jun 10 Year Notes(CBT)
Jun Bonds(CBT) Jul Platinum & Palladium Options(NYM) |
| 06/22 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 8:00 AM CDT - FHFA Housing Price Index(Apr) 9:30 AM CDT - EIA Natural Gas Report 2:00 PM CDT - Cold Storage 3:30 PM CDT - Money Supply |
FN: Jul Coffee(ICE)
Jul Crude Lt(NYM) |
| 06/23 Fri |
9:00 AM CDT - New Home Sales(May)
2:00 PM CDT - Cattle On Feed |
LT: Jul 2,5,10 Year Notes Options(CBT)
Jul Bonds Options(CBT) Jul Canola Options(CBT) Jul Wheat Options(CBT) Jul Corn Options(CBT) Jul Oats Options(CBT) Jul Rough Rice Options(CBT) Jul Soybeans,Soymeal,Soyoil Options(CBT) |
| 06/26 Mon |
7:30 AM CDT - Durable Goods Ex-Transportation(May)
7:30 AM CDT - Durable Orders(May) |
FN: Jul Cotton(NYM)
|
| 06/27 Tue |
|
LT: Jun Butter(CME)
Jun Milk(CME) Jun Butter Options(CME) Jun Milk Options(CME) Jul Copper Options(CMX) Jul Gold & Silver Options(CMX) Jul Natural Gas Options(NYM) Jul RBOB & ULSD Options(NYM) |
| 06/28 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
7:30 AM CDT - Int Trade In Goods(May) 9:00 AM CDT - Pending Home Sales(May) 9:30 AM CDT - EIA Petroleum Status Report 2:00 PM CDT - Dairy Product Sales |
LT: Jun Copper(CMX)
Jun Gold & Silver(CMX) Jun Platinum & Palladium(NYM) Jul Natural Gas(NYM) |
| 06/29 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - GDP-Third Estimate(Q1) 7:30 AM CDT - GDP Deflator-Third Estimate(Q1) 9:30 AM CDT - EIA Natural Gas Report 2:00 PM CDT - Hogs & Pigs 3:30 PM CDT - Money Supply |
FN: Jul Natural Gas(NYM)
|
| FN=First Notice, OE=Option Expiration, LT=Last Trade | ||
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** 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 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!
