Be careful – Volatility is a Double Edged Sword
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
Make sure you adjust your trading to the increased volatility!!
Don’t risk your WHOLE account on one trading day…..approach trading with more of money management/ risk control attitude!!
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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
|Contract June 2018||SP500||Nasdaq100||Dow Jones||Mini Russell||BitCoin Index|
|Contract||Apr. Gold||May Silver||May Crude Oil||June Bonds||June Euro|
|Resistance 3||1370.5||17.09||67.78||145 27/32||1.2679|
|Resistance 2||1363.2||16.94||67.17||145 15/32||1.2610|
|Support 1||1345.3||16.55||64.84||144 5/32||1.2461|
|Support 2||1338.0||16.40||64.23||143 25/32||1.2392|
|Support 3||1332.7||16.28||63.37||143 10/32||1.2352|
|Contract||May Corn||May Wheat||May Beans||May SoyMeal||May Nat Gas|
Economic Reports, source:
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.