Weekly Newsletter and Daily Futures Trading Levels, September 23rd 2010
Our Weekly Newsletter for Your Review at: https://www.cannontrading.com/community/newsletter/
Watch for Price Action the Day After FOMC, September 22nd 2010
FOMC is behind us. Mixed reaction from the market and many times the real direction will show the next day, so tomorrows price action is important to watch. My indicators suggest that as long as we can hold the 1115 level, we still have a...
FOMC to Provide Futures Trading Market with Direction, September 21st, 2010
FOMC tomorrow around 2:15 Eastern time. Even before that we will start the day with some important housing numbers. FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may...
Futures and Commodity Trading Blog, September 20th 2010
Market finally broke to the upside but like always “tries to make it harder” for us traders…. The upside breakout lacked momentum and / or continuation, at least today. However, I have shifted my swing trading stance to cautiously bullish as long as SP500 can...
Commodities and Futures Trading Levels, September 16th 2010
Well by now this is the 3rd or 4th time we are knocking on 1122.75…..that means one out of two (in my opinion): Tomorrow morning reports help this market break this level and start another leg up towards 1157.00 OR….. Market fails one more time...
1122.75 Will be Decision Level to Break Upside, September 15th 2010
I wrote yesterday: “Looks like 1122 should be a decision level based on the chart below.” Well very similar comments today…… looks like 1122.75 should be decision level if we are to break upside, while 1105.75 to 1109.25 is the support to watch. Chart for...
1122 on SP 500 Futures Will be Point of Decision, September 14th 2010
Looks like 1122 should be a decision level based on the chart below. Wishing all of you a great trading week. For a free 2-week trial to live intraday trade set ups on the mini SP 500, please visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals
Futures Stock Indicies Have Officially Rolled Over, September 13th 2010
December is now the front month for stock indices, currencies, financials and many other markets. You should not be trading any September contracts. Chart of Mini SP 500 for your review below ( December continuous chart) Have a great weekend!
Future Stock Indices Due for Rollover, September 10th, 2010
Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 9th at 8:30 am Chicago time from the September 2010 contract to the December 2010 contract. The month code for December is ‘Z’. It is recommended that all new...
Future Stock Indices Due for Rollover, September 9th, 2010
Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 9th at 8:30 am Chicago time from the September 2010 contract to the December 2010 contract. The month code for December is ‘Z’. It is recommended that all new...