Find Flexibility and Volume w/ Micro Futures Contracts & Support and Resistance Levels 9.08.2021 - 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.

Find Flexibility and Volume w/ Micro Futures Contracts & Support and Resistance Levels 9.08.2021

Dear Traders,

Get Real Time updates and more on our private FB group!
MICROS are here to stay!
I was wrong….when the MICROS first came out I was saying to myself “that defeats the whole point of leverage” BUT I am a big fan now.
MICRO CL, MICRO ES, MICRO NQ are just some of the markets with very nice volume and they offer the flexibility of scaling in and out, smaller exposure.
The NQ for example is trading at such levels compare to 3 years ago that a “normal 0.5%” move is worth approx. $1000 against you or in your favor simply because we are trading at 15613….compare to 780 3 years ago!! That is more than double the value/ exposure etc.
The MICRO CL got great volume and at times when this market is very volatile or you want to take a swing trade but still sleep well at night…..
You get my point!
Start a real time demo and trade the MICROS and any other futures market in real time.
You can start MICRO account with as little as $1000 and still get access to the service and knowledge Cannon is well know for in the industry

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 when it comes to Futures Trading.


Futures Trading Levels


Support and Resistance 9.09.2021

Economic Reports, source:

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 as well as options on futures.

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Posted in: Crude Oil   | Day Trading   | Future Trading News  

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