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CME Raises Margins on Stock Indices 2.08.2018

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Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

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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.

Tags: > > > Posted in: Future Trading News   | Index Futures   | Indices  

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