Open an Account Call Us Free: 1-800-454-9572
1-800-454-9572 info@cannontrading.com
X
Trading Tips You Can Use Right Now
Watch 4 short videos
Absolutely Free!
WATCH VIDEOS

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Quick Links: Commissions | Day Margins | Contact Us

E-Mini S&P Daily Chart & Levels 2.28.2020

________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Start trading June bonds/ May Silver/ May grains!
Volatility has SPIKED, tremendously. That is a game changer.
The speed and nervousness in which the markets moved these past few days create more risk than opportunity for MOST traders. This is a personal opinion.
Sometimes no trade is better than a bad trade.
Control.
ES Daily chart along with possible support levels for this “blood shed” 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 when it comes to Futures Trading.

 

Futures Trading Levels

02-28-2020

Futures Trading


Economic Reports, source: 

https://bettertrader.co

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.

Posted in: Future Trading News  

-


Daily Emini Nasdaq Chart & Trading Levels 2.27.2020

________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Volatility has SPIKED, tremendously. That is a game changer.
The speed and nervousness in which the markets moved these past few days create more risk than opportunity for MOST traders. This is a personal opinion. Sometimes no trade is better than a bad trade.
Control.
First possible sell signal on NASDAQ daily in a long time…..

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

02-27-2020

Futures Trading


Economic Reports, source: 

https://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.

Posted in: Future Trading News  

-


Volatility SPIKED & Trading Levels 2.26.2020

________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Volatility has SPIKED, tremendously. That is a game changer.
The speed and nervousness in which the markets moved these past few days create more risk than opportunity for MOST traders. This is a personal opinion. Sometimes no trade is better than a bad trade.
Control.
Our brokers here at Cannon will be happy to chat about the markets, futures, options, futures spreads and much more! Feel free to contact us at any time.

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

02-26-2020

Futures Trading


Economic Reports, source: 

https://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.

Posted in: Future Trading News  

-


E-mini Nasdaq Daily Chart & Trading Levels 2.25.2020

________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Volatility has SPIKED huge. That is a game changer. In my opinion, one can NOT trade the same way he/she did two weeks ago – today.
The large spike ion volatility makes it tough for most people. It is a good time to REDUCE trading size, possibly look at trading the MICROS and definitely not a time to use “mental stops”…..
8984 is a MAJOR support for me personally on the NQ/ mini nasdaq which seems to be the leader of stock indices.
Click on the chart to enlarge
Our brokers here at Cannon will be happy to chat about the markets, futures, options, futures spreads and much more! Feel free to contact us at any time.

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

02-25-2020

Futures Trading


Economic Reports, source: 

https://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.

Posted in: Future Trading News  

-


Mini Nasdaq Chart & Trading Levels 2.21.2020

________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
A word or two about mental stops….
I often hear from clients and prospects that they use “mental stops”…
Take a look at the mini NASDAQ intraday chart from today below and notice the type of move and speed of move that took place…..good luck placing that mental stop $3900 later or more per contract….
If your strategy calls for using stops ( I personally like to have a STOP on any of the short term trades), I highly recommend placing the stops in the system….While I myself have sinned before as well, thinking that “they” can see my stops and are going after my stops…..lets not flatter ourselves too much….UNLESS you are trading some VERY large size, no one is going after the 1 lot, 5 lot, 10 lot or even 50 lots in markets like the mini SP and US bonds ( ZB)….
Getting stopped out is part of the game and for me it is part of trading, if you are not using stops, it is just a question of when “mini black swan even will take place and wipe out your account.
Sorry if I sound a bit harsh above but take it as “tough love”….
Click on the chart to enlarge

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

02-21-2020

Futures Trading


Economic Reports, source: 

https://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.

Posted in: Future Trading News  

-

Cannon Trading Reviews


What do our customers say about us:



Trustpilot
Have a question

Our Approach

You and your broker will work together to achieve your trading goals. We develop long term relationships with our clients so that we can grow and improve together. Learn More About Choosing Cannon >>

Our Platforms

Please click on one of our platforms below to learn more about them, start a free demo, or open an account. TransAct AT >> E-Futures >> Shogun Trade Executer Firetip (Mac Compatible) >>

Trading Education

Recommended Resources Guide to Risk and Opportunities of Futures and Options Trading Steps to Successful Day-Trading Day Trading Webinar

Recent News

Posts by the Cannon Trading Blog.

See the Support and Resistance Levels >>

Trading Expertise As Featured In

Partners

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
Loading
Loading

Loading

Trading Tips You Can Use Right Away!


Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips