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Futures Trading Levels for January 5th, 2021

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If the first trading day of 2021 is any indication of the year to come….Better fasten your seatbelts!!
Thank you for choosing Cannon during this challenging year. We look forward to continuing to provide you with excellent service in 2021 and wish you a healthy, successful year ahead
mini russell 2000 chart

RTY chart for January 5th 2021

RTY = Mini Russell 2000 has been a leading indicator in my opinion for direction of stock index futures past few months.
Will be interesting to see if the sell off today was a start of a trend reversal or just risk hedging ahead of Georgia tomorrow. As usual in trading, few hours/ few days will tell the story….
If you like access to the ALGOS shown in the chart, click here.
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 when it comes to Futures Trading.

 

Futures Trading Levels

January 5th 2021

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Economic Reports, source: 

 www.BetterTrader.co

 

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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