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Platinum Futures Chart & Support and Resistance Levels 2.17.2021

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Dear Traders,

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Higher volatility after the long weekend in variety of markets.
Bond are trading lower and crude is above $60.
Bitcoin futures traded above 50,000….
Platinum gold spread is moving even faster in favor of Platinum ( daily chart below).
Dynamics are changing intraday and at times fast.
Some days are choppy, some days are fast and here and there we get some strong trend days.
Must be nimble and focused while trading, today and every day.
Platinum Daily Chart Below – click on chart for larger image.
Platinum Futures Daily Chart

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

2-17-2021

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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