VOLATILITY is a Double Edge Sword 3.02.2018

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Heads up:

Wishing everyone a GREAT trading month in March!

Volatility is here. In my opinion, traders need to adjust their trading tactics accordingly.  We will be happy to help, chat trading and more if interested.

Plan your trade, trade your plan!!

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

3-02-2018

Contract March 2018  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2793.00 7085.25 25814 1554.47 12226.67
Resistance 2 2762.00 6992.00 25500 1539.23 11663.33
Resistance 1 2720.50 6875.50 25060 1521.97 11346.67
Pivot 2689.50 6782.25 24746 1506.73 10783.33
Support 1 2648.00 6665.75 24306 1489.47 10466.67
Support 2 2617.00 6572.50 23992 1474.23 9903.33
Support 3 2575.50 6456.00 23552 1456.97 9586.67
Contract Apr. Gold May Silver Apr. Crude Oil June  Bonds Mar.  Euro
Resistance 3 1344.0 17.06 63.68 146  5/32 1.2439
Resistance 2 1333.2 16.81 62.76 145 11/32 1.2362
Resistance 1 1325.3 16.65 62.03 144 25/32 1.2320
Pivot 1314.5 16.41 61.11 143 31/32 1.2243
Support 1 1306.6 16.25 60.38 143 13/32 1.2200
Support 2 1295.8 16.00 59.46 142 19/32 1.2123
Support 3 1287.9 15.84 58.73 142  1/32 1.2081
Contract May  Corn May Wheat May Beans May SoyMeal Apr. Nat Gas
Resistance 3 393.7 549.0 1089.92 416.00 2.83
Resistance 2 390.1 533.5 1079.33 407.00 2.78
Resistance 1 388.2 524.5 1073.67 402.10 2.74
Pivot 384.6 509.0 1063.08 393.10 2.69
Support 1 382.7 500.0 1057.4 388.2 2.6
Support 2 379.1 484.5 1046.83 379.20 2.60
Support 3 377.2 475.5 1041.17 374.30 2.56

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports - Friday March 2nd

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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