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Category: Future Trading News

As a high risk trading type, futures trading is not for someone who is faint-hearted. Though there are a number of different ways of investing in futures , it is important to stick to what you know. Treading into unknown waters is not something that you should do when dealing in futures.

From managing margins to ordering trades to doing market analysis and more if you want to, you can do that all by yourself – but you may betaking double the risk. Therefore, when trading in futures, it may be better to seek advice from a professional trader.

Professional trading experts at Cannon Trading can help you with your futures trading. We are also there to keep you updated with the latest on futures trading and market news. All the news and latest articles on futures trading are published on our site under the category Archive Futures Trading News, which you are currently browsing through. Read more and the latest here and keep updated.

Mini SP 500 Intraday – 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 Reports for Wednesday, January 3, 2012

divider black 190

1. Market Commentary

I would like to wish all of you a Happy New year!

May 2012 be a great year for everyone in trading and all aspects of life!

Below you will see a screen shot of my mini SP 500 intraday, 15 min chart I like to use for day-trades.

In the chart you will see two conditions I programmed, my “diamond” and my “topaz”, which I like to use for counter trend/ correction type of trades.

You can now have access to these ALGORITHM on 2 weeks free trail. Please read below the chart.

EP - E- mini S&P 500, Equalized Active 15 Min Continuation
EP – E- mini S&P 500, Equalized Active 15 Min Continuation

Continue reading “Mini SP 500 Intraday – Support and Resistance Levels”

Friday Morning New Years Eve Eve 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 (Dec. 2011) 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

 1275 

1268

 

1264.5

 

1243.25

 

1238.25

 

1230

 2323 

2307

 

2296

 

2250

 

2239

 

2204

 12333 

12280

 

12260

 

12068

 

12031

 

11961

 768.4 

752.9

 

750.8

 

733.4

 

730.60

 

718.20

 14611 

14500

 

14420

 

14400

 

14320

 

14310

 13130 (all time High)13114

 

13100

 

13022.5

 

13017.5

 

13008.5

Continue reading “Friday Morning New Years Eve Eve Support and Resistance Numbers”

Last Trading Day of The Year | 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 Reports for Thursday, December 29 2011

divider black 190

1. Market Commentary

Last trading day for 2011 is tomorrow, I expect another thin volume day but sometimes, last trading day of the month/ year on thin volume can create some volatility.

Holiday Hours available at:

New Year’s 2012 Futures Trading Hours and Holiday Trading Schedule

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 1270.43 2309.00 12349 755.83
Resistance Level 2 1263.97 2294.50 12279 749.47
Resistance Level 1 1260.73 2287.00 12244 746.13
Pivot Point 1254.27 2272.50 12174 739.77
Support Level 1 1251.03 2265.00 12139 736.43
Support Level 2 1244.57 2250.50 12069 730.07
Support Level 3 1241.33 2243.00 12034 726.73

Continue reading “Last Trading Day of The Year | Support and Resistance Levels”

New Year’s 2012 Futures Trading Hours and Holiday Trading Schedule

Posted on by Ilan

New Year’s Futures Trading Schedule & Holiday Hours

* All times listed in Central Time

Friday, December 30 2011 Futures Trading Hours

CME Group (Floor)
12:00 pm Close: Foreign Exchange and Interest Rate products
* All other products regular close

NYMEX (Floor)
Regular Close

GLOBEX
Regular Close

ICE
12:00 pm Close: Open outcry Financial products
3:15 pm Close: Index products
* All other products regular close

EUREX
Closed: Eurex KOSPI products and Austrian equity derivatives (no cash payment in KRW)
* All other products regular close

Nadex
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Forex
Regular Close

Sunday, January 1 2012 Futures Trading Hours Continue reading “New Year’s 2012 Futures Trading Hours and Holiday Trading Schedule”

Thursday 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 (Dec. 2011) 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

 1264.5 

1256.25

 

1251.25

 

1243.25

 

1238.25

 

1230

 2296 

2280

 

2270

 

2250

 

2239

 

2204

 12260 

12186

 

12141

 

12068

 

12031

 

11961

 750.8 

743.5

 

738.9

 

730.6

 

724.50

 

718.20

 14611 

14500

 

14420

 

14317

 

14307

 

14229

 13028.5 

13026

 

13023

 

13011.5

 

13004.5

 

12925

Continue reading “Thursday Morning Support and Resistance Numbers”

Market Commentary | Support and Resistance Levels | Special Hours

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 Reports for Thursday, December 29 2011

divider black 190

1. Market Commentary

View the 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 1274.53 2317.00 12335 762.90
Resistance Level 2 1267.77 2303.50 12280 756.50
Resistance Level 1 1256.63 2283.00 12185 745.20
Pivot Point 1249.87 2269.50 12130 738.80
Support Level 1 1238.73 2249.00 12035 727.50
Support Level 2 1231.97 2235.50 11980 721.10
Support Level 3 1220.83 2215.00 11885 709.80

Continue reading “Market Commentary | Support and Resistance Levels | Special Hours”

Daily chart of the Dow Jones cash index | 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 Reports for Wednesday, December 28 2011

divider black 190

1. Market Commentary

Also, I mentioned before and I am mentioning again, volume is much lighter recent days. Be aware of the change in “intra-day personalities of the markets” and I recommend taking the approach of “no trade is better than a bad trade”….

We are also light on economic numbers and reports rest of the week as you can see below.

Daily chart of the Dow Jones cash index for your review below. Note the decline in volume over past few days.

39MBQ Continue reading “Daily chart of the Dow Jones cash index | Support and Resistance Levels”

Tuesday Morning “Post Xmas” 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 (Dec. 2011) 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

 1272 

1267.75

 

1261

 

1244.75

 

1236

 

1228.25

 2323 

2303

 

2291

 

2268.00

 

2257

 

2236

 12377 

12322

 

12251

 

12098

 

12021

 

11952

 768.4 

752.9

 

747.9

 

735.5

 

728.90

 

723.00

 14404 

14319

 

14300

 

14202

 

14128

 

14024

 13019.5 

13013

 

13006.5

 

12925

 

12922.5

 

12910

Continue reading “Tuesday Morning “Post Xmas” Support and Resistance Numbers”

Market Commentaries | Holiday Updates | 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 Reports for Friday, December 23, 2011

divider black 190

1. Market Commentary

Holiday schedule for this Friday through Tuesday for your review below. Please contact your broker with any questions. This is one of the few times where many markets will be closed from Friday afternoon until early Tuesday morning, so please review schedule below.

Also, I mentioned before and I am mentioning again, volume is much lighter recent days and i suspect that the same will happen next Thursday/ Friday. Be aware of the change in “intra-day personalities of the markets” and I recommend taking the approach of “no trade is better than a bad trade”….

View the 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 1262.33 2285.67 12188 758.10
Resistance Level 2 1255.92 2274.33 12152 752.00
Resistance Level 1 1251.83 2268.67 12128 746.90
Pivot Point 1245.42 2257.33 12092 740.80
Support Level 1 1241.33 2251.67 12068 735.70
Support Level 2 1234.92 2240.33 12032 729.60
Support Level 3 1230.83 2234.67 12008 724.50

Continue reading “Market Commentaries | Holiday Updates | Support and Resistance Levels”

Thursday 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 (Dec. 2011) 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

 1255 

1249

 

1246

 

1228.5

 

1222.25

 

1216

 2323 

2291

 

2275

 

2235

 

2223.25

 

2215

 12322 

11251

 

12158

 

11968

 

11909

 

11850

 768.4 

752.9

 

746.10

 

734.1

 

727.80

 

722.10

 14423 

14410

 

14328

 

14313

 

14302

 

14209

 13100 

13028

 

13023.5

 

13011.5

 

13001

 

12922.5

divider black 190 Continue reading “Thursday 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.