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Category: Commodity Trading

Investment is a game of money of securing future money by taking a risk today. Trading therefore comes with a list of rules to play by. Commodity trading in particular offers tremendous potential for becoming a completely different asset class.

However, before investing in any kind of commodity, you must do an in depth research and also ask your broker as many questions as possible. Through this category archive we provide you as much information and valuable insights into the world of commodity trading.

We at Cannon Trading are here to help you with your commodity trading needs. You as a trader should select your commodity trading advisor only after performing a due diligence on him/her. We in fact do that for you. This way, you get only the best advice to help you with your commodity trading.

We’ve got the information that you might need at every step of commodity trading, and you’ll find it all right here in the commodity trading section of our blog. Read up, and read on to get equipped!

Webinar Videos | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 23, 2012

Two videos from the webinar:
Using auto trailing stops to day-trade crude oil futures

Using overbought/oversold ALGORITHM along with preset exits to day trade Mini S&P 500 Futures

To learn more about our FREE charting package and other information presented in these videos, please visit us at:
https://www.cannontrading.com/contact-info.php

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Contract (Dec. 2011) SP500
(big & Mini)		 Nasdaq100
(big & Mini)		 Dow Jones
(big & Mini)		 Mini Russell
Resistance Level 3 1378.27 2637.67 13122 848.37
Resistance Level 2 1370.28 2618.83 13049 838.13
Resistance Level 1 1366.27 2607.67 13007 832.87
Pivot Point 1358.28 2588.83 12934 822.63
Support Level 1 1354.27 2577.67 12892 817.37
Support Level 2 1346.28 2558.83 12819 807.13
Support Level 3 1342.27 2547.67 12777 801.87

Continue reading “Webinar Videos | Support and Resistance Levels”

Thursday Morning Support and Resistance

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1373.51369.5

 

1363.25

 

1353

 

1351.75

 

1347.5

 2622.52611

 

2602

 

2575

 

2560

 

2543

 1315313101

 

13024

 

12891

 

12864

 

12700

 835.80827.6

 

822.5

 

814.3

 

810.2

 

806.5

 1422414213

 

14202

 

14117

 

14031

 

14023

 13111.513107.5

 

13029

 

13021

 

13012

 

13007.5

Continue reading “Thursday Morning Support and Resistance”

Wednesday Morning Support and Resistance

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1381.51373.5

 

1369.5

 

1355.75

 

1351.75

 

1347.5

 2622.52611

 

2602

 

2585

 

2576

 

2560

 1315313101

 

13024

 

12944

 

12901

 

12864

 835.80829

 

824.8

 

821.1

 

817.6

 

806.5

 1421314202

 

14122

 

14031

 

14023

 

13924

 13107.513029

 

13023

 

13012

 

13007.5

 

12926

Continue reading “Wednesday Morning Support and Resistance”

Tuesday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1381.51373.5

 

1369.5

 

1360.5

 

1356

 

1347.5

 2622.52611

 

2600

 

2583

 

2572

 

2563

 1315313101

 

13024

 

12944

 

12901

 

12864

 848.50843.4

 

832

 

828.5

 

824.5

 

817.5

 1422114211

 

14201

 

14114

 

14023

 

13924

 1310413031

 

13025.5

 

13015

 

13007.5

 

12926

Continue reading “Tuesday Morning Support and Resistance Numbers”

Presidents Day Futures Trading Hours and Holiday Trading Schedule

Posted on by Ilan

The above calendar is compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled

Friday, February 17 Trading Hours

CME Group (Floor)
Regular Close

NYMEX (Floor)
Regular Close

GLOBEX
3:15 pm Close: Interest Rate, Foreign Exchange, GSCI, Wood Pulp, Crude Palm Oil and Green Exchange products
*All other products regular close

ICE
3:15 pm Close: Financial and Index products
*All other products regular close

EUREX
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Nadex
Regular Close

Forex
Regular Close

Sunday, February 19 Continue reading “Presidents Day Futures Trading Hours and Holiday Trading Schedule”

Friday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13751363.75

 

1359.5

 

1356

 

1352

 

1345.25

 2622.52611

 

2600

 

2583

 

2576

 

2563

 1302713001

 

12931

 

12873

 

12842

 

12788

 848.50843.4

 

832

 

824.9

 

821.6

 

818.70

 1430114216

 

14207

 

14122

 

14117

 

14023

 1310513101.5

 

13028.5

 

13018

 

13007.5

 

12926

Continue reading “Friday Morning Support and Resistance Numbers”

Holiday Announcement | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 17, 2012

1. Market Commentary

Check out our holiday trading hours here.

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Contract (Dec. 2011) SP500
(big & Mini)		 Nasdaq100
(big & Mini)		 Dow Jones
(big & Mini)		 Mini Russell
Resistance Level 3 1379.63 2651.00 13033 857.83
Resistance Level 2 1368.32 2623.00 12962 843.37
Resistance Level 1 1361.53 2607.00 12918 835.23
Pivot Point 1350.22 2579.00 12847 820.77
Support Level 1 1343.43 2563.00 12803 812.63
Support Level 2 1332.12 2535.00 12732 798.17
Support Level 3 1325.33 2519.00 12688 790.03

3. Support & Resistance Levels for Gold, Euro, Crude Oil, and U.S. T-Bonds

Contract April. Gold March Euro Feb. Crude Oil March. Bonds
Resistance Level 3 1763.5 1.3396 104.90 145 3/32
Resistance Level 2 1747.5 1.3278 103.79 144 12/32
Resistance Level 1 1738.6 1.3210 103.05 143 13/32
Pivot Point 1722.6 1.3092 101.94 142 22/32
Support Level 1 1713.7 1.3024 101.20 141 23/32
Support Level 2 1697.7 1.2906 100.09 141
Support Level 3 1688.8 1.2838 99.35 140 1/32

Continue reading “Holiday Announcement | Support and Resistance Levels”

Intra-Day Tools | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 16, 2012

1. Market Commentary

Hello Traders,

Weekly newsletter along with some examples of tools I use for intra-day support and resistance levels as well as Holiday hours for presidents day at:

https://www.cannontrading.com/news/holiday-trading-schedule-intra-day-support-and-resistance-levels

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Contract (Dec. 2011) SP500
(big & Mini)		 Nasdaq100
(big & Mini)		 Dow Jones
(big & Mini)		 Mini Russell
Resistance Level 3 1366.40 2638.00 12980 843.90
Resistance Level 2 1359.95 2619.50 12927 836.40
Resistance Level 1 1351.10 2590.00 12840 824.70
Pivot Point 1344.65 2571.50 12787 817.20
Support Level 1 1335.80 2542.00 12700 805.50
Support Level 2 1329.35 2523.50 12647 798.00
Support Level 3 1320.50 2494.00 12560 786.30

Continue reading “Intra-Day Tools | Support and Resistance Levels”

Thursday Morning Support and Resistance

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13541348.75

 

1343.25

 

1348.75

 

1343

 

1337.75

 26002578

 

2565

 

2543

 

2535

 

2515

 1293112842

 

12788

 

12757

 

12703

 

12649

 832.00822.2

 

816.1

 

810.3

 

806.5

 

792.20

 1440614327

 

14321

 

14221

 

14209

 

14129

 1312613124.5

 

13118.5

 

13110

 

13105.5

 

13100

Continue reading “Thursday Morning Support and Resistance”

Tuesday Morning Support and Resistance Numbers

Posted on by Ilan

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (Mar. 2012) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3—————————————— Resistance Level 2——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 13641358.75

 

1353

 

1345.25

 

1340.75

 

1333.75

 26482583.50

 

2575

 

2559

 

2550

 

2535

 1300112894

 

12866

 

12804

 

12783

 

12734

 843.40832

 

825

 

819.5

 

815.9

 

810.3

 1440614321

 

14303

 

14217

 

14207

 

14120

 1312613121.5

 

13116

 

13104

 

13031.5

 

13028.5

Continue reading “Tuesday Morning Support and Resistance Numbers”

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.