Bonds Futures


FOMC Reaction in the Futures Market & Support and Resistance Levels 11.04.2021

November 3rd, 2021 Filed under Future Trading News, futures trading education | Comment (0)

Dear Futures Trader,

Get Real Time updates and more on our private FB group!

FOMC came out and stocks reacted with another leg up – what’s next?

FEDERAL RESERVE BEGAN
TAPPERING ITS $120 BILLION A MONTH PROGRAM.
$10 BILLION A MONTH OF
TREASURIES
$5 BILLION A MONTH OF
MORTGAGE BACKED SECURITIES
WAS:
$80 BILLION OF TREASURIES
$40 BILLION OF MORTGAGE BACKED
$1.44 TRILLION FOR THE YEAR
Gold sold off before hand and only bounced slightly.
Bonds sold off slightly.
Crude sold off the most but in my opinion it was API/ OPEC related and not FOMC related.
Many times, the real reaction to FOMC comes out the next day so price action, asset allocation across the different markets is important to watch.
If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

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

11-04-2021

Futures Support & Resistance Levels 11.04.2021

 


Economic Reports, source: 

https://bettertrader.co/ 

BetterTrader Economic Reports 11.03.2021

 

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.


Thirty Year Bonds Looking for a Correction Towards the 156-158 Area 5.11.2016

May 10th, 2016 Filed under Future Trading News | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday May 11, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

Thirty Year Bonds Looking for a Correction Towards the 156-158 Area

Ilan Levy-Mayer | Friday, 06 May 2016 12:16 (EST)

I am looking for US Treasury bonds, also known as the 30 year bonds to correct down to 156-158 area. I am thinking that tomorrow’s monthly unemployment report may trigger this correction, or it may take a little longer or maybe not happen at all – BUT my chart seems to think there is a good possibility of a correction.

Notice the weekly chart below and the correction we had last year between February and July. I think the market right now is a on a possible break lower and a similar correction in price towards the support levels of 156-158 area.

Read  the rest….

Webinar this Wednesday!

Order Flow – Keeping it Simple, Practical & Effective

Wednesday May 11, 2016 1:00 PM PDT :

Register here Space is Limited

Join us for a 60 -minute webinar this Wednesday May 11th at 3:00 P.M., Central Time.

Read the rest of this entry »

Have A Questions? Open an account Free Demo Account Free Demo Account

Questions?

Valid first name is required.
Valid last name is required.
Phone number is required.
E-mail is required.
Message is required.
Phone (USA)
Phone (International)
Our Approach

You and your broker will work together to achieve your trading goals. We develop long term relationships with our clients so that we can grow and improve together.
Learn More About Choosing Cannon

Our Platforms

Please click on one of our platforms below to learn more about them, start a free demo, or open an account.
TransAct AT
E-Futures
Shogun Trade Executer
Firetip (Mac Compatible)

________
Doing Business With
See more...
Loading
Loading

Loading