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Dear Traders,
Volatility is a key ingredient to ANY market you trade…….It shapes the type of trading environment you are in. It determines the type of trading strategies that may fit better than others.
Some traders and models work better in high volatility markets. Others perform better in low volatility situations.
Do you know if you ( your trading method) work better in market conditions with lower or higher volatility?
Do you know what is the current volatility measure in the markets you trade?
On a different topic: heads up, gold front month is now AUGUST = Q
Front month for bonds and other financials is September.
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
05-30-2018
| Contract June 2018 |
SP500 #ES_F |
Nasdaq100 #NQ_F |
Dow Jones #YM_F |
Mini Russell #RTY_F |
BitCoin Index #XBT_F |
| Resistance 3 |
2774.08 |
7255.17 |
25211 |
1673.43 |
8165.97 |
| Resistance 2 |
2761.67 |
7203.33 |
25037 |
1664.77 |
7973.31 |
| Resistance 1 |
2753.83 |
7175.42 |
24919 |
1658.93 |
7734.52 |
| Pivot |
2741.42 |
7123.58 |
24745 |
1650.27 |
7541.86 |
| Support 1 |
2733.58 |
7095.67 |
24627 |
1644.43 |
7303.07 |
| Support 2 |
2721.17 |
7043.83 |
24453 |
1635.77 |
7110.41 |
| Support 3 |
2713.33 |
7015.92 |
24335 |
1629.93 |
6871.62 |
|
|
|
|
|
|
| Contract |
August Gold #GC_F |
July Silver #SI-F |
July Crude Oil #CL-F |
June Bonds #ZB_F |
June Euro #6E_F |
| Resistance 3 |
1309.4 |
16.71 |
67.23 |
144 16/32 |
1.1835 |
| Resistance 2 |
1305.8 |
16.63 |
66.64 |
144 7/32 |
1.1795 |
| Resistance 1 |
1300.9 |
16.53 |
65.76 |
143 22/32 |
1.1751 |
| Pivot |
1297.3 |
16.45 |
65.17 |
143 13/32 |
1.1712 |
| Support 1 |
1292.4 |
16.35 |
64.29 |
142 28/32 |
1.1668 |
| Support 2 |
1288.8 |
16.27 |
63.70 |
142 19/32 |
1.1628 |
| Support 3 |
1283.9 |
16.17 |
62.82 |
142 2/32 |
1.1584 |
|
|
|
|
|
|
| Contract |
July Corn #ZC_F |
July Wheat #ZW_F |
July Beans #ZS_F |
July SoyMeal #ZM_F |
July Nat Gas #NG_F |
| Resistance 3 |
392.8 |
525.0 |
1019.92 |
378.63 |
3.02 |
| Resistance 2 |
390.3 |
520.3 |
1016.08 |
376.57 |
3.00 |
| Resistance 1 |
385.5 |
512.8 |
1008.92 |
372.73 |
2.96 |
| Pivot |
383.0 |
508.0 |
1005.08 |
370.67 |
2.94 |
| Support 1 |
378.3 |
500.5 |
997.9 |
366.8 |
2.9 |
| Support 2 |
375.8 |
495.8 |
994.08 |
364.77 |
2.89 |
| Support 3 |
371.0 |
488.3 |
986.92 |
360.93 |
2.85 |
Economic Reports, source:
http://app.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.