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Heads up: Front month for energies is now April. Front month for bonds/ten years is June as of tomorrow.
Last trading day of the month can be different in different markets.
I noticed large volume and price action on bonds for example during 14:00 Central time ( used to be the pit session close).
Keep a trading journal and write down any patterns you see that can help you in the future. Economic reports reaction, last trading day of the month, option expiration are just a few examples.
Also, I would like to share a trading system we are personally impressed with here at Cannon, out of our iSystems menu:
https://cannon.isystems.com/System/PerformanceSheet?Id=12215
Feel free to contact your Cannon point of contact with any questions regarding this system or any other of the many trading systems we offer here at Cannon.
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.
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Levels for Trade Date of 02.28.2017
| Contract March 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2382.08 | 5388.33 | 20939 | 1430.67 | 101.98 |
| Resistance 2 | 2376.42 | 5370.42 | 20887 | 1418.83 | 101.63 |
| Resistance 1 | 2372.33 | 5359.08 | 20853 | 1412.57 | 101.38 |
| Pivot | 2366.67 | 5341.17 | 20801 | 1400.73 | 101.03 |
| Support 1 | 2362.58 | 5329.83 | 20767 | 1394.47 | 100.78 |
| Support 2 | 2356.92 | 5311.92 | 20715 | 1382.63 | 100.43 |
| Support 3 | 2352.83 | 5300.58 | 20681 | 1376.37 | 100.18 |
| Contract | Apr. Gold | March Silver | April Crude Oil | Mar. Bonds | March Euro |
| Resistance 3 | 1274.2 | 18.73 | 55.12 | 153 28/32 | 1.0714 |
| Resistance 2 | 1269.5 | 18.64 | 54.87 | 153 18/32 | 1.0675 |
| Resistance 1 | 1260.8 | 18.46 | 54.45 | 153 4/32 | 1.0635 |
| Pivot | 1256.1 | 18.36 | 54.20 | 152 26/32 | 1.0596 |
| Support 1 | 1247.4 | 18.18 | 53.78 | 152 12/32 | 1.0556 |
| Support 2 | 1242.7 | 18.09 | 53.53 | 152 2/32 | 1.0517 |
| Support 3 | 1234.0 | 17.91 | 53.11 | 151 20/32 | 1.0477 |
| Contract | March Corn | March Wheat | Mar. Beans | March SoyMeal | April Nat Gas |
| Resistance 3 | 367.1 | 451.8 | 1037.42 | 341.87 | 2.78 |
| Resistance 2 | 365.4 | 448.9 | 1032.33 | 340.13 | 2.75 |
| Resistance 1 | 362.8 | 443.8 | 1027.17 | 337.87 | 2.72 |
| Pivot | 361.2 | 440.9 | 1022.08 | 336.13 | 2.69 |
| Support 1 | 358.6 | 435.8 | 1016.9 | 333.9 | 2.7 |
| Support 2 | 356.9 | 432.9 | 1011.83 | 332.13 | 2.63 |
| Support 3 | 354.3 | 427.8 | 1006.67 | 329.87 | 2.60 |
All times are Eastern time Zone (EST)
source:http://www.forexfactory.com/calendar.php
| Date | 3:21pm | Currency | Impact | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|
| TueFeb 28 | 2:45am | EUR |
French Consumer Spending m/m
|
0.6% | -0.8% | ||||
| EUR |
French Prelim CPI m/m
|
0.4% | -0.2% | ||||||
| EUR |
French Prelim GDP q/q
|
0.4% | 0.2% | ||||||
| 5:00am | EUR |
Italian Prelim CPI m/m
|
0.1% | 0.2% | |||||
| 8:30am | USD |
Prelim GDP q/q
|
2.1% | 1.9% | |||||
| USD |
Goods Trade Balance
|
-66.0B | -64.4B | ||||||
| USD |
Prelim GDP Price Index q/q
|
2.1% | 2.1% | ||||||
| USD |
Prelim Wholesale Inventories m/m
|
0.5% | 1.0% | ||||||
| 9:00am | USD |
S&P/CS Composite-20 HPI y/y
|
5.3% | 5.3% | |||||
| 9:45am | USD |
Chicago PMI
|
53.2 | 50.3 | |||||
| 10:00am | USD |
CB Consumer Confidence
|
111.3 | 111.8 | |||||
| USD |
Richmond Manufacturing Index
|
10 | 12 | ||||||
| 7:01pm | GBP |
BRC Shop Price Index y/y
|
-1.7% | ||||||
| 9:00pm | USD |
President Trump Speaks
|
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.