What you need to know before trading futures tomorrow – October 13th 2023
by Ilan Levy-Mayer, VP
- War in Israel and news coming from the region can create sharp fast moves in variety of markets like gold, crude oil, stocks and bonds.
- Univ. of Michigan prelim report is tomorrow.
- Soybeans broke to the upside in what seems to be a temporary bottom (see daily chart below)
- Bonds resumed downside selling after today’s bond action
- Fed member Harker is speaking at 9 Am central time
Plan your trade and trade your plan.
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 when it comes to Futures Trading.
Futures Trading Levels
10-13-2023
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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.