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What You Need to Know if you are Trading Futures on Sept. 6th 2023

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What you need to know before trading futures tomorrow – September 6th 2023

by Ilan Levy-Mayer, VP

  1. ISM PMI is out tomorrow.
  2. Crude oil numbers will NOT be out tomorrow like normally do, due to the Labor Day weekend, these numbers will be released Thursday 30 minutes after the natural gas numbers.
  3. Crude oil broke up to the upside as well as Sugar. Corn and wheat broke to the downside.
  4. Most of the last few sessions in stock index futures have been extremely choppy. This will sometimes happen ahead of a strong breakout….the million $ question is which way…..

 

Plan your trade and trade your plan

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

09-06-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

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Economic Reports, Source: 

Forexfactory.com

 

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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