Dollar Index Chart & Trading Levels 1.09.2019 - Support & Resistance Levels

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
Open an account Free Demo Account

Categories

Dollar Index Chart & Trading Levels 1.09.2019

____________________________________________________________________

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 seems to have slowed down a bit, after many consecutive days of extreme and fast moves.
I think that the markets are “energy” and the participants are humans even if it is the humans behind the ALGOS and hence the extreme volatility got the markets tired and we may see a bit of slow down in the volatility.
Markets have and will go between periods of higher volatility, lower volatility and “normal” volatility.
understand it, observe it and adjust your trading if needed accordingly.
U.S. Shutdown Update
Highlights
January 8, 2019
Today’s international trade report, like yesterday’s report on factory orders, will be delayed due to the government shutdown. Treasury’s monthly budget statement that was set for Friday will also not be released. The Labor Department is open and will post today’s JOLTS report as well as Thursday’s jobless claims and Friday’s consumer price reports. The Federal Reserve is not affected by the shutdown and will post minutes from the December FOMC on Wednesday.
In between, take a look at the price action on the daily chart for Dollar Index which in my opinion been a moving force behind many of the markets across the board.
Risk and Opportunities of Futures and Options Trading
This 93 page booklet includes a variety of topics related to trading futures, options, hedging, regulation, spreads, strategies, the exchanges. and much more

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

01-09-2019

 


Economic Reports, source: 

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.

You May Also Like This

Posted in: Future Trading News  
Sign Up for Our Market Newsletter

Newsletter Archive

Daily Blog
Weekly Newsletter

Trading Expertise As Featured In

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
Loading
Loading

Loading

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