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Category: E-Mini Futures

Core PCE Tomorrow + Futures Trading Levels for Nov. 30th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Updates and Bullet Points:

By Mark O’Brien, Senior Broker

 

General: 

 

While the Federal Reserve and its main voice Jerome Powell have been steadfast in declaring that interest rates would not be coming down unless the FOMC saw broad definitive proof that inflation was falling, traders have been pricing in that eventuality since the end of October. In just the last three weeks, the E-mini S&P 500 climbed out of correction territory and the yield on the 10-year T-note slid from the 5.00% it touched prior to the last Fed meeting down to 4.30% overnight. Never mind the CME Fed watch tool pegs the potential for a 25-basis points rate cut at the Fed’s December 13th meeting at a slim 1.1% and at 3.1% at their January 31st meeting. What likely has traders’ attention: the Fed Funds futures contract sees the probability of a 25-basis point cut at the March 20th Fed meeting at 40.6%. Don’t count on to begin to telegraph any sort of pivot until the Fed deems any signs of slowing growth as entrenched and that should take some time. The Fed will turn a cold shoulder to making quick moves as they do not want to reignite the inflation fire before it is extinguished.

 

Currency:

 

As the conversation shifts from rate hikes to cuts, the U.S. dollar is on track to hit its lowest level in months.

 

Metals:

 

In the scenario that the dollar and treasury yields continue to fall, look for precious metals like gold and silver to continue their ascent. Gold has already climbed over $200 per ounce in less than two months, from its October 5th close at $1850.80 / ounce to its second day closing above $2050 / ounce yesterday and today (basis February) – a ±$20,000 per contract move for the standard 100-oz. futures contract.

 

Plan your trade and trade your plan.

 

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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 when it comes to Futures Trading.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

11-30-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Improve Your Trading Skills

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 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

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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.

New Micro Nat Gas, Crude Oil Chart + Futures Trading Levels for Nov. 9th 2023

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Updates and Bullet Points:

By Mark O’Brien, Senior Broker

 

General: 

We have a new futures contract.  It started trading on Monday.  This is the Micro Henry Hub Natural Gas futures contract and corresponding options.

 

To quote directly from the CME Group web site, “The introduction of Micro Henry Hub Natural Gas futures and options responds directly to customer demand for a smaller, more precise instrument for managing natural gas price exposure. At one-tenth the size of the benchmark Henry Hub (NG) contract, Micro Henry Hub Natural Gas futures and options offer more granularity and smaller margin requirements with the same robust transparency and price discovery of the larger Henry Hub contracts.”

 

Follow the link below to the contract’s full contract specifications on the CME Group web site:

 

https://www.cmegroup.com/markets/energy/natural-gas/micro-henry-hub-natural-gas.contractSpecs.html

 

Heads up: most FCM’s / clearing firms, including the five FCM’s Cannon Trading Co. partners with, will monitor a new futures contract for sufficient liquidity before making it available to its clients.  Give Cannon Trading a call to find out the availability of the contract.

 

Energy: 

Incidentally, natural gas (basis Dec.) dropped ±50 cents (a ±$5,000 move) over the last six trading sessions to ±$3.10 /mmBtu. down to new 2-year lows on forecasts for above-normal temps. across the U.S. for the next fifteen days and continental U.S. production remaining near all-time highs,”

 

Financials: 

Stock index futures are struggling today to extend their longest winning streak in two years – clocking seven straight daily gains – as we approach the close of trading.  At this typing, the E-mini S&P 500 is trading just a few ticks either side of unchanged, while the E-mini Dow Jones and E-mini Nasdaq are slightly off.

 

More energy: 

Crude oil extended its more than 2-week sell-off to its lowest level in over three months.  From an intraday high of $89.85 per barrel on Oct. 20, the front month traded through $75.00 per barrel this morning – a ±$15.00 per barrel / $15,000 per contract move.

 

DAILY CHART BELOW

 

News pushing prices south include global demand worries, record U.S. production and ebbing supply concerns surrounding the Gaza conflict.

 

Given its ability to create a ripple effect, the ±15% price decline dragged U.S. pump prices down to levels not seen since March.  It has also helped rein in inflation expectations and worrisome bond yields.

 

While this paints a picture that fears are subsiding that a wider conflict could be emerging in the Middle East and disrupt supplies, traders should remain on high alert for signs to the contrary.

Plan your trade and trade your plan.

 

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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 when it comes to Futures Trading.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

11-09-2023

 

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

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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.

OJ Futures all time highs! + Futures Trading Levels for Oct. 27th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

What you need to know before the close of the trading week:

By Senior Broker, Mark O’Brien

General: 

 

It will likely be challenging to predict the next stage of the Israel/Hamas war in terms of how broadly it draws in other participants.  For now, diplomatic efforts – negotiating for the release of hostages, calls for a cease fire, bringing humanitarian aid to civilians in Gaza – have toned down the severity of the fighting.  Concurrently, Israel is softening up the opposition by bombing of targets thought to be Hamas military strongholds and the markets are anticipating the launch of a ground war.

 

Even with the conflict entering its 20th day and seeing how commodities have already reacted in that time, the start of ground fighting and/or a broadening of participants would likely see sharper moves in particular futures contracts, i.e., gains in energies, flight-to-quality upward movement in gold and the Swiss franc and even food-related commodities like wheat.  Conversely, equity index futures – U.S. and more broadly – will be vulnerable to draw-downs.  Note that the E-mini Nasdaq already fell into correction territory on Wednesday following the latest tech earnings.

 

Financials: 

 

One instrument at a potential cross-roads – it’s current 6-month / ±$11K per contract decline a dominant catalyst for dragging shares around the world to multi-month lows – is the 10-year T-note futures contract.  Its correspondent benchmark yield is hovering at a 15-yr high of 5%.  Already vulnerable to information on the pace of the U.S. economy, the conflict uncertainty poses a new agitator to the market.

 

Crypto:

 

After trading down to 3-year lows below 15,000 last October, on Tuesday, Bitcoin futures traded through 35,000, a 17-month high, a ±$10,000 move for a Micro Bitcoin futures contract (contract size: 1/50 Bitcoin), a ±$100,000 for the “adult” / Bitcoin futures contract (contract size: 5 Bitcoin).

 

Softs: 

 

With new all-time highs being set all year – almost weekly – orange juice futures (basis Nov.) are poised to break through $4.00/lb. (contract size: 15,000 lbs, 1 cent = $150), more than double its ±$1.85 levels in January, a ±$32,000 per contract move.  Florida orange growers harvested their smallest crop in nearly 90 years, the result of an ill-timed freeze, two hurricanes and the citrus psyllid, a tiny invasive winged insect that has spread citrus greening disease and is laying waste to Florida’s groves.

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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.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

10-27-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

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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.

What Changed? + Futures Trading Levels for Oct. 25th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

What Changed??

The past two weeks have seen very choppy price action especially in stock indices futures, with sudden and sharp swings from highs and lows.

This contrasts with the smoother and steadier price action we witnessed before the terrible October 7 attack on Israel. As a trader, you need to evaluate the market conditions and the instruments you are trading, and how they respond to geopolitical events and overall market rhythm and price action.

You also need to adapt and be alert to what is changing, because what worked six weeks ago may need some adjustment in order for it to work for the next six weeks. Day trading is challenging, and many times price movement is just noise in a trending or non-trending environment. Some people try to use order flow to get clues and capture a small part of the market, while others trade based on the news and overall market feel.

In my opinion, using counter trend techniques and respecting the VWAP has been more effective in these past two weeks than other methods. Plan your trade, trade your plan!

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.

 

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. 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.

Plan your trade and trade your plan.

 

b0ba1776 c0cd 4536 92c1 eef6595d7173

 

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.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

10-25-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

 

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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.

5 Fed Speakers Tomorrow + Futures Trading Levels for Oct. 18th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

The Week Ahead: Fed Speakers, Housing Permits, Earnings….

By Senior Broker, John Thorpe

This is the last week for Fed policy makers to “Stir the Drink” before the communication’s blackout period that begins at midnight Saturday the 21st and runs through Nov. 2nd.  the Rate decision will be announced on Nov. 1  In lieu of that, the Fed Fund futures market has been bouncing around between 80 and 93% probability of a no change decision.

There will be no less than 8 fed speakers for the remainder of this week, Wednesday will be the heavy day with 5 .

Wednesday will also feature Housing starts and permits @ 7:30 CDT, with the Beige Book @ 1PM. Earnings reports will be picking up as well with TSLA reporting after the close on Wednesday with Analysts expect the company’s Q3 2023 revenue to rise 13% year-over-year to $24.3 billion.

However, they project adjusted earnings per share (EPS) to decline by about 30% to $0.73 due to lower margins.    NFLX will also be reporting after the close As a group, industry analysts expect Netflix to report third-quarter earnings of $3.49 per share (+12.6% YoY) on revenue of $8.5 billion (+9.0% YoY).

Wednesday should provide plenty of excitement for traders in the Stock Indices , Bonds and precious metals markets.

Thursday brings the Philly Fed and Jobless claims both earmarks for the Fed Folks to watch, ponder and 7;30 CDT is blast off time in the markets for these two numbers. react to. Econoday.com’s consensus is here

 

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Existing Home sales released at 9am CDT are expected to report Year over year sales greater than -16%

Watch your blindside and expect more volatility!

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.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

10-18-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Download your FREE copy of Order Flow Essentials!

b0ba1776 c0cd 4536 92c1 eef6595d7173

 

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

23033fce 0ac8 4ed5 a9d0 8ce9514faf27

 

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.

PPI & FOMC Minutes Tomorrow + Futures Trading Levels for Oct. 11th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

PPI & FOMC Minutes Tomorrow

Tomorrow @ 7:30 CDT Producer Price Index values will be released: Producer prices in September are expected to rise 0.3 percent on the month versus a 0.7 percent increase in August. The annual rate in September is seen at 1.7 percent versus August’s 1.6 percent increase. September’s ex-food ex-energy rate is seen rising 0.2 percent on the month and 2.1 percent on the year versus August’s 0.2 percent on the month and 2.2 percent yearly rise.

Also tomorrow, The Fed minutes will be released @ 1:00 PM CDT: Detailing the issues of debate and consensus among policymakers, the Federal Open Market Committee issues minutes of its latest meeting three weeks after the meeting.

Plan your trade and trade your plan.

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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 when it comes to Futures Trading.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

10-11-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Download your FREE copy of Order Flow Essentials!

 

b0ba1776 c0cd 4536 92c1 eef6595d7173

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

e15b33b8 ac12 4c89 a52f b537c79d80ae

 

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.

NFP Tomorrow + Futures Trading Levels for Oct. 6th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

What you need to know before trading futures tomorrow – October 6th 2023

by Ilan Levy-Mayer, VP

  1. NFP is tomorrow! Non Farm Payrolls also known as employment numbers. Big report, This is a market moving event and we expect high volatility, right before, during and right after.
  2. Crude Oil and energies trading at extreme volatility
  3. Take a look at the 1 minute chart of the last NFP report from Sept. 1st below as well as a 15 min chart of the rest of the same session. Notice the ES (mini SP500) had a 22 point move from high to low in 45 seconds!

Plan your trade and trade your plan.

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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 when it comes to Futures Trading.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

10-06-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

Download your FREE copy of Order Flow Essentials!

 

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Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

 

ab48a0ea 5e2a 4c04 8b32 940416d01387

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.

ISM, ADP, PPI and more! + Futures Trading Levels for Oct. 4th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Tomorrow traders need to pay attention to multiple reports, fed members speaking and more!

Should be a busy day across the board, make sure to know which reports are coming and what time, scroll down to see reports and times!

 

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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 when it comes to Futures Trading.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

10-04-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

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Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

8ffc8daa da0d 49c8 8c79 8c28411a4eae

 

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.

NQ trading at decision levels + Futures Trading Levels for Sept. 29th

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Last day of the month tomorrow.

PCE and a few other reports are out.

Nasdaq 100 ( NQ and MNQ) sitting on decision levels in my opinion.

A break below 14720 can trigger a visit to the 14220 area. A close above 14930 can open the door for an oversold rally towards the 15300 area.

See daily chart below.

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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 when it comes to Futures Trading.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

09-29-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

d40a3398 72e5 4a59 836b 1bb9a30cc6da

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

 

bf437e14 bde8 49b9 97cd 73d827a18674

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.

SP500 Approaching Support? + Futures Trading Levels for Sept. 22nd 2023

Posted on by Ilan
Get Real Time updates and more on our private FB group!

Mini SP 500 futures are approaching an important support levels on the daily chart as seen below.

4325-4350 zone.

The big question is “Will support hold or will price break through towards the next levels?”

ES Daily Chart
Mini S&P ES Daily Chart / #ES

 

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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 when it comes to Futures Trading.

3b644da2 2bee 4d39 8d98 5208a20bec39

Futures Trading Levels

09-22-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

 

d40a3398 72e5 4a59 836b 1bb9a30cc6da

 

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker
 1-800-454-9572 Explore trading methods. Register Here


Economic Reports, Source: 

Forexfactory.com

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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.

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.