The Futures Trader's Destination for Over 25 Years

Open an Account
Call Us Free: 1-800-454-9572
Why Trade with Cannon?
  • USA
  • Canada
  • Mexico
  • United Kingdom
  • France
  • Italy
  • Spain
  • Germany
  • Australia
  • Netherlands
  • Romania
  • Belgium
  • Sweden
  • Czech Republic
  • Hungary
  • Switzerland
  • Austria
  • Portugal
  • Denmark
  • Greece
  • UAE
  • Israel
  • Jordan
  • Saudi Arabia
  • India
  • Argentina
  • Costa Rica
  • Peru
  • Chile
  • Brazil
  • China
  • Hong Kong
  • Japan
  • Russia
  • Thailand
  • South Korea
  • Taiwan
  • Philippines
  • Singapore
  • And Many More!
Countries We Accept Clients From | International Calls: 310-859-9572

FOMC is behind us. There other markets to daytrade besides the ES….. 7.27.2017

____________________________________________________________

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

_____________________________________________________________

FOMC is behind us. No surprises today and reaction so far has been mild. Metals up, bonds up and stocks slightly down.

The REAL reaction is usually the next day….

I have spoken to many different clients these past few months, discussing some other markets I like to follow and think are suitable for day trading. While the ES is the most liquid, over the last few years we have seen way too many “dead days”. There is nothing wrong with “dead days”, some traders LOVE those quiet, choppy days. I don’t.

Take a look at markets like crude oil, gold, bonds. Observe for a few days if you have not before. Get a feel for their personality and behaviour and feel free to call any of our professional brokers at + 310 859 9572 with any questions. We will be happy to provide feedback and answer questions.

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

7-27-2017

Contract September 2017  SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2487.75 5988.00 21848 1462.43 94.82
Resistance 2 2483.75 5971.25 21768 1457.37 94.47
Resistance 1 2479.50 5960.50 21708 1449.93 93.92
Pivot 2475.50 5943.75 21628 1444.87 93.57
Support 1 2471.25 5933.00 21568 1437.43 93.03
Support 2 2467.25 5916.25 21488 1432.37 92.68
Support 3 2463.00 5905.50 21428 1424.93 92.13
Contract August Gold Sept. Silver Sept. Crude Oil Sept.  Bonds Sept.  Euro
Resistance 3 1288.9 17.19 50.10 154 17/32 1.1931
Resistance 2 1276.2 16.94 49.49 153 30/32 1.1852
Resistance 1 1268.7 16.79 49.09 153 15/32 1.1803
Pivot 1256.0 16.54 48.48 152 28/32 1.1724
Support 1 1248.5 16.39 48.08 152 13/32 1.1676
Support 2 1235.8 16.14 47.47 151 26/32 1.1597
Support 3 1228.3 15.99 47.07 151 11/32 1.1548
Contract Dec.  Corn Sept. Wheat November Beans Dec. SoyMeal Sept. Nat Gas
Resistance 3 395.4 488.2 1025.00 336.83 3.02
Resistance 2 390.8 484.6 1013.75 332.37 2.99
Resistance 1 388.4 481.2 1007.00 329.43 2.95
Pivot 383.8 477.6 995.75 324.97 2.92
Support 1 381.4 474.2 989.0 322.0 2.9
Support 2 376.8 470.6 977.75 317.57 2.85
Support 3 374.4 467.2 971.00 314.63 2.82

Economic Reports, source: 

http://app.bettertrader.co

"Economic

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  

Download Cannon’s new eBook, “Futures Forthright” instantly.


Quick Tip: After registering you will be emailed login information, so be sure to use an email address you have access to. If you need assistance please call us at 1-800-454-9572, a professional broker will help you through the registration process.
________
Doing Business With
See more...
Loading
Loading

Loading