Futures Trading Levels, Mini Russel 2000 Futures

Cannon Trading / E-Futures.com

March started out with strong down move, perhaps to signal the shift in market bias going forward?

Time will tell.

Hourly chart of Mini Russell 2000 for your review below. We need to see the TF goes above 809.50 for any significant bounce to follows, otherwise we may visit 793 first….

Either way, higher volatility, wider ranges = trader must asses their daily risk settings, their stops/ targets per trade, trading size etc.

Daily E-Mini S&P 500 Futures Trading Chart

Stock futures trading chart levels Continue reading “Futures Trading Levels, Mini Russel 2000 Futures”

Mini Dow Jones Futures

Cannon Trading / E-Futures.com

Wishing all of you a great trading month in March!

Weekly chart of mini Dow Jones futures for your review below. While most of you are shorter term traders, even considered futures day-traders, it is wise to know what the longer time frame charts are showing as well.

In the case of the weekly chart below, we will need to see a break below 119.50 in order to get a weekly sell signal according to my technical opinion.

Daily E-Mini S&P 500 Futures Trading Chart

Stock futures trading chart levels Continue reading “Mini Dow Jones Futures”

Futures Trading Levels and Economic Reports for January 14, 2010

Stock futures indices are “boring”..slow movement, lack of “fear” and just gradual, slow move up.

On the other hand we have markets like Euro, Crude, grains etc. that have large intraday ranges, volatility and speed. Factors i think day-traders are looking for.

With that being said, we do have a day full of reports tomorrow ahead of long MLK weekend, so we’ll see if this wakes up stock indices a bit. Continue reading “Futures Trading Levels and Economic Reports for January 14, 2010”

Futures Trading Levels and Weekly Newsletter for January 13, 2011

Our Weekly Futures Trading Newsletter is Ready for Your Review at:
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Recent Rally of Futures Trading Causes Short Term Sell Off, November 19th, 2010

As we asked many times before….is this bounce just a correction from the short term sell off we had over the last few days OR was the sell off of the last few days just a correction from the recent rally of last few weeks???

I wish I could tell you, but what I can share is that in situation like this one, it is wise to wait for market reaction, price behavior around key areas of support and resistance and perhaps look at a few time frames, i.e. look at 15 minute chart, an hourly chart and a daily chart…

Below you will see the hourly Mini SP chart and below that the mini SP Daily chart for your review along with key levels.

Mini SP 500 hourly chart:

SP-500-Day-Trading-2010-11-19_1

Mini SP 500 Daily chart:

SP-500-Day-Trading-2010-11-19_2 Continue reading “Recent Rally of Futures Trading Causes Short Term Sell Off, November 19th, 2010”

Futures Trading Levels and Economic Reports for November 16th, 2010

The market feels to me as if it is either ready to pick up some more momentum to the downside or that this small correction ran its course and the trend up will resume….

I am looking at the following levels and price behavior around these levels to give me more clues as to which way the next move will be.

1206 on the way up (Dec. Mini SP 500) and 1189 on the way down.

Hourly chart FYI below:

SP-500-Day-Trading-2010-11-16 Continue reading “Futures Trading Levels and Economic Reports for November 16th, 2010”

Continued Increased Volatility in Futures Trading Market for November 15th 2010

Wishing all of you a great weekend and a successful trading week ahead.

Last two trading days we witnessed increased volatility, which usually provides for better day-trading ranges.

Understanding ahead of time what is the risk you are willing to take, accepting this risk when you enter a trade can help you manage your trades in a calmer way. Continue reading “Continued Increased Volatility in Futures Trading Market for November 15th 2010”

Futures Trading Levels and Weekly Newsletter November 12th 2010

Our Weekly Newsletter is Ready for Your Review Here:
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GOOD TRADING!

TRADING LEVELS

futures-trading-levels-20101112 Continue reading “Futures Trading Levels and Weekly Newsletter November 12th 2010”

Futures Trading Levels and Veterans Day Schedule, November 11th 2010

All futures markets will be open as normal tomorrow, however banks will closed due to Veterans day and we will NOT have any economic reports.

Daily mini SP 500 chart with possible support/resistance levels for your review below:

SP-500-Day-Trading-2010-11-11 Continue reading “Futures Trading Levels and Veterans Day Schedule, November 11th 2010”