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Dear Traders,
The hot market for today is definitely Bitcoin. While we don’t have a future contract YET to trade, it is close and the CME does have the “underlying asset” which will be the Bitcoin Index ( more information will come out soon).
Chart of this index along with some of my indicators for your review below.
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
11-10-2017
| Contract December 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | BitCoin Index |
| Resistance 3 | 2603.50 | 6375.17 | 23597 | 1494.50 | 8101.65 |
| Resistance 2 | 2594.50 | 6350.08 | 23513 | 1486.10 | 7450.53 |
| Resistance 1 | 2588.25 | 6331.17 | 23456 | 1480.00 | 6947.91 |
| Pivot | 2579.25 | 6306.08 | 23372 | 1471.60 | 6296.79 |
| Support 1 | 2573.00 | 6287.17 | 23315 | 1465.50 | 5794.17 |
| Support 2 | 2564.00 | 6262.08 | 23231 | 1457.10 | 5143.05 |
| Support 3 | 2557.75 | 6243.17 | 23174 | 1451.00 | 4640.43 |
| Contract | December Gold | Dec. Silver | Dec. Crude Oil | Dec. Bonds | Dec. Euro |
| Resistance 3 | 1286.0 | 17.38 | 57.99 | 153 12/32 | 1.1743 |
| Resistance 2 | 1282.9 | 17.22 | 57.57 | 153 5/32 | 1.1720 |
| Resistance 1 | 1280.5 | 17.13 | 57.14 | 152 24/32 | 1.1705 |
| Pivot | 1277.4 | 16.97 | 56.72 | 152 17/32 | 1.1682 |
| Support 1 | 1275.0 | 16.88 | 56.29 | 152 4/32 | 1.1666 |
| Support 2 | 1271.9 | 16.72 | 55.87 | 151 29/32 | 1.1643 |
| Support 3 | 1269.5 | 16.63 | 55.44 | 151 16/32 | 1.1628 |
| Contract | Dec. Corn | Dec. Wheat | January Beans | Dec. SoyMeal | Dec. Nat Gas |
| Resistance 3 | 344.9 | 431.5 | 998.25 | 320.23 | 3.31 |
| Resistance 2 | 344.1 | 429.3 | 993.25 | 318.37 | 3.27 |
| Resistance 1 | 343.2 | 426.8 | 983.75 | 314.83 | 3.21 |
| Pivot | 342.3 | 424.5 | 978.75 | 312.97 | 3.17 |
| Support 1 | 341.4 | 422.0 | 969.3 | 309.4 | 3.1 |
| Support 2 | 340.6 | 419.8 | 964.25 | 307.57 | 3.06 |
| Support 3 | 339.7 | 417.3 | 954.75 | 304.03 | 3.00 |
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.
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