Attack the markets below from the following direction..... + Levels for May 10th - 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.

Attack the markets below from the following direction….. + Levels for May 10th

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Soybean daily chart outlook for your review below.

Tomorrow pay attention to Univ. of Michigan Consumer Sentiment as well as few fed members speaking.

Volume has been on the light side for stock index futures.

Both silver, gold and copper resumed upside moves.

 

If you are a day trader, below you will see markets that our proprietary ALGO has identified as being more suitable for attacking either from the long side or the short side.

Questions? We are happy to help!

 

 

 

 

Daily Levels for May 10th, 2024

Economic Reports
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All times are Eastern Time ( New York)

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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.

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Posted in: Charts & Indicators   | Commodity Brokers   | Commodity Trading   | Day Trading   | E-Mini Futures   | Future Trading News   | Futures Broker   | Futures Trading   | Gold Futures   | Metal Futures  

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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
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