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Heads up!
- Tomorrow is the last trading day for the 2nd quarter. We may see extended volatility!
- Front month for silver is now September.
- July grains are heading into delivery, make sure you are trading the proper month ( see support/resistance levels below for current front month)
- Tomorrow we have a grain report!
- This coming Monday and Tuesday are holiday trading hours, please see below and visit https://www.cannontrading.com/tools/support-resistance-levels/independence-day-2017-holiday-schedule-cme-globex-ice-exchanges/ for detailed info.
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.
Futures Trading Levels
6-30-2017
| Contract September 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2484.67 | 5929.50 | 21731 | 1463.87 | 96.17 |
| Resistance 2 | 2464.83 | 5852.75 | 21591 | 1448.03 | 95.97 |
| Resistance 1 | 2441.92 | 5754.50 | 21418 | 1432.67 | 95.66 |
| Pivot | 2422.08 | 5677.75 | 21278 | 1416.83 | 95.46 |
| Support 1 | 2399.17 | 5579.50 | 21105 | 1401.47 | 95.15 |
| Support 2 | 2379.33 | 5502.75 | 20965 | 1385.63 | 94.95 |
| Support 3 | 2356.42 | 5404.50 | 20792 | 1370.27 | 94.64 |
| Contract | August Gold | Sept. Silver | August Crude Oil | Sept. Bonds | Sept. Euro |
| Resistance 3 | 1265.5 | 17.13 | 46.13 | 156 16/32 | 1.1582 |
| Resistance 2 | 1259.4 | 17.02 | 45.79 | 155 25/32 | 1.1538 |
| Resistance 1 | 1252.0 | 16.83 | 45.33 | 155 | 1.1511 |
| Pivot | 1245.9 | 16.72 | 44.99 | 154 9/32 | 1.1466 |
| Support 1 | 1238.5 | 16.53 | 44.53 | 153 16/32 | 1.1439 |
| Support 2 | 1232.4 | 16.42 | 44.19 | 152 25/32 | 1.1395 |
| Support 3 | 1225.0 | 16.23 | 43.73 | 152 | 1.1368 |
| Contract | Sept. Corn | Sept. Wheat | November Beans | Aug. SoyMeal | Aug. Nat Gas |
| Resistance 3 | 365.3 | 516.9 | 937.25 | 301.60 | 3.19 |
| Resistance 2 | 363.8 | 507.8 | 932.50 | 300.00 | 3.16 |
| Resistance 1 | 361.8 | 501.9 | 924.00 | 297.20 | 3.10 |
| Pivot | 360.3 | 492.8 | 919.25 | 295.60 | 3.07 |
| Support 1 | 358.3 | 486.9 | 910.8 | 292.8 | 3.0 |
| Support 2 | 356.8 | 477.8 | 906.00 | 291.20 | 2.98 |
| Support 3 | 354.8 | 471.9 | 897.50 | 288.40 | 2.93 |
Economic Reports, source:
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.