Different Markets for Day Trading & Support & Resistance Levels 7.11.2018 - Support & Resistance Levels

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.

Different Markets for Day Trading & Support & Resistance Levels 7.11.2018

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Different Markets, Different Trading Environments

 

Each market has different personality, different behavior along with different times of the day when it is most active. If you are finding that the ES ( mini SP) is not giving you enough risk/opportunities then start monitoring a couple of other markets and perhaps explore them in demo / simulated mode.
There are more than a few markets I think are suitable for day-trading. Below you will find some observations, tips along with what is unique about these markets, personality and most active trading hours.
To read my notes about markets such as bonds, crude oil, gold, currencies and more, please click here

 

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

07-11-2018

Contract September 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2812.75 7394.00 25155 1737.27 7005.13
Resistance 2 2805.25 7364.75 25046 1726.13 6858.39
Resistance 1 2801.25 7334.50 24986 1713.87 6621.51
Pivot 2793.75 7305.25 24877 1702.73 6474.77
Support 1 2789.75 7275.00 24817 1690.47 6237.89
Support 2 2782.25 7245.75 24708 1679.33 6091.15
Support 3 2778.25 7215.50 24648 1667.07 5854.27
Contract August Gold #GC_F Sept. Silver #SI-F Aug. Crude Oil #CL-F Sept.  Bonds  #ZB_F Sept.  Euro #6E_F
Resistance 3 1275.5 16.51 75.69 145 17/32 1.1908
Resistance 2 1268.3 16.36 75.19 145 13/32 1.1865
Resistance 1 1262.2 16.23 74.64 145  7/32 1.1835
Pivot 1255.0 16.08 74.14 145  3/32 1.1792
Support 1 1248.9 15.95 73.59 144 29/32 1.1762
Support 2 1241.7 15.80 73.09 144 25/32 1.1719
Support 3 1235.6 15.67 72.54 144 19/32 1.1689
Contract Dec.  Corn #ZC_F Sept. Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Aug. Nat Gas #NG_F
Resistance 3 372.4 510.3 893.00 345.10 2.87
Resistance 2 368.6 505.0 887.00 339.50 2.85
Resistance 1 364.7 498.5 879.25 334.90 2.82
Pivot 360.8 493.3 873.25 329.30 2.80
Support 1 356.9 486.8 865.5 324.7 2.8
Support 2 353.1 481.5 859.50 319.10 2.75
Support 3 349.2 475.0 851.75 314.50 2.71

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.

Posted in: Future Trading News  

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