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With the recent volatility the CME have raised some of the overnight margins for stock index futures.
Most of our clients enjoy $500 daytrading margins for the contracts below, depending on the platform and in rare cases market conditions. Few of the trading platforms will use % of overnight margins and/or if you plan on holding positions more than intraday than note below:
ES was $5,555 –> now $6,105
NQ, $5,720 –> $6,380
YM, $4,620 –> $5,280
RTY, $3,245 –> $3,630
NKD, $4,565 –> $5,280
BE CAREFUL!! THESE ARE NOT “REGULAR OR NORMAL TIMES”
Plan your trade, trade your plan and ALWAYS try to asses the risk/ reward ratio you are about to trade.
Good Trading!
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.
Futures Trading Levels
2-08-2018
| Contract March 2018 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | BitCoin Index |
| Resistance 3 | 2780.42 | 6824.25 | 25923 | 1548.10 | 10096.67 |
| Resistance 2 | 2753.58 | 6771.00 | 25581 | 1533.00 | 9318.33 |
| Resistance 1 | 2714.17 | 6671.50 | 25187 | 1517.70 | 8791.67 |
| Pivot | 2687.33 | 6618.25 | 24845 | 1502.60 | 8013.33 |
| Support 1 | 2647.92 | 6518.75 | 24451 | 1487.30 | 7486.67 |
| Support 2 | 2621.08 | 6465.50 | 24109 | 1472.20 | 6708.33 |
| Support 3 | 2581.67 | 6366.00 | 23715 | 1456.90 | 6181.67 |
| Contract | Apr. Gold | Mar. Silver | Mar. Crude Oil | Mar. Bonds | Mar. Euro |
| Resistance 3 | 1352.5 | 17.13 | 66.43 | 147 25/32 | 1.2559 |
| Resistance 2 | 1343.6 | 16.93 | 65.30 | 147 3/32 | 1.2498 |
| Resistance 1 | 1331.2 | 16.61 | 63.50 | 145 27/32 | 1.2398 |
| Pivot | 1322.3 | 16.41 | 62.37 | 145 5/32 | 1.2337 |
| Support 1 | 1309.9 | 16.09 | 60.57 | 143 29/32 | 1.2236 |
| Support 2 | 1301.0 | 15.89 | 59.44 | 143 7/32 | 1.2175 |
| Support 3 | 1288.6 | 15.57 | 57.64 | 141 31/32 | 1.2075 |
| Contract | Mar. Corn | Mar. Wheat | March Beans | Mar. SoyMeal | Mar. Nat Gas |
| Resistance 3 | 369.8 | 477.3 | 995.17 | 341.97 | 2.85 |
| Resistance 2 | 367.8 | 469.5 | 992.33 | 339.13 | 2.82 |
| Resistance 1 | 366.5 | 465.0 | 987.67 | 337.27 | 2.76 |
| Pivot | 364.5 | 457.3 | 984.83 | 334.43 | 2.72 |
| Support 1 | 363.3 | 452.8 | 980.2 | 332.6 | 2.7 |
| Support 2 | 361.3 | 445.0 | 977.33 | 329.73 | 2.63 |
| Support 3 | 360.0 | 440.5 | 972.67 | 327.87 | 2.57 |
Economic Reports, source:
http://app.bettertrader.co
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.