Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday April 20, 2016
For 2016 I would like to wish all of you discipline and patience in your trading!
25 Proven Strategies for Trading Options
by CME Group
If you are currently trading options on futures or are interested in exploring them further, check out our newly updated trading guide, featuring 25 commonly used options strategies, including butterflies, straddles, strangles, backspreads and conversions. Each strategy includes an illustration demonstrating the effect of time decay on the total option premium involved in the position.
Options on futures rank among our most versatile risk management tools, and are offered on most of our products. Whether you trade options for purposes of hedging or speculating, you can limit your risk to the amount you paid up-front for the option while maintaining your exposure to beneficial price movements. To learn more about CME Group options, you can also visit our Options page.
Complete the simple form below and you will receive a link to download the 25 Proven Strategies brochure immediately. This eBook is free to you and no-obligation. Learn about the 25 Proven Strategies for trading options on CME Group Futures for FREE!
Featured System of the Month ( including real-time performance): Axiom Index II WFO NQ Trading System
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.
|Contract June 2016||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||June Gold||May Silver||June Crude Oil||June Bonds||June Euro|
|Resistance 3||1294.0||18.25||45.28||166 23/32||1.1498|
|Resistance 2||1276.3||17.68||44.08||166 4/32||1.1451|
|Resistance 1||1264.5||17.32||43.28||165 18/32||1.1416|
|Support 1||1235.0||16.39||41.28||164 13/32||1.1334|
|Support 2||1217.3||15.82||40.08||163 26/32||1.1287|
|Support 3||1205.5||15.46||39.28||163 8/32||1.1252|
|Contract||July Corn||July Wheat||July Beans||July SoyMeal||May Nat Gas|
|WedApr 20||2:00am||EUR||German PPI m/m||0.2%||-0.5%|
|6:00am||EUR||ECB President Draghi Speaks|
|Tentative||EUR||German 10-y Bond Auction||0.30|1.4|
|10:00am||USD||Existing Home Sales||5.29M||5.08M|
|10:30am||USD||Crude Oil Inventories||2.2M||6.6M|