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Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

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Coffee Futures Trading

Do you have a question about trade set ups?
Perhaps you would like to get a second opinion on different ways to use stops?
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It could be that you just need to talk to one about trading techniques, get a second opinion etc?
If you answered yes to any of the above, feel free to sign up for a FREE, no obligation “Trader’s Consultation” and be able to chat/email/talk to an experienced account executive who can share some new ideas and concepts with you to assist you in your own coffee futures trading.
Coffee futures are consolidating and the big question is will the down trend continues or is the market due for a short covering bounce? Daily chart below
coffee futures

Good Trading

Trading Futures, Options on Futures, Gold 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 when it comes to Futures Trading.

Futures Trading Levels

07-16-2020

coffee futures

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Economic Reports, source: 

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coffee futures

 

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.

Posted in: Future Trading News  

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Trading Tips You Can Use Right Away!


Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips
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