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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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Dear Traders,

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Start trading June bonds/ May Silver/ May grains!
Volatility has SPIKED, tremendously. That is a game changer.
The speed and nervousness in which the markets moved these past few days create more risk than opportunity for MOST traders. This is a personal opinion.
Sometimes no trade is better than a bad trade.
Control.
NQ Daily chart below, if you like to have access to the ALGOS like the slanted arrow that signaled the sell off last week or the SQUARE that appeared BEFORE THE OPEN today, signaling a possible short term reversal VISIT the FREE TRIAL page.

Good Trading

Trading Futures, Options on Futures, NQ 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

03-03-2020

Futures Trading


Economic Reports, source: 

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.

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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