Day Trading Emini Futures


Receive FRESH Insight Every Morning Before Market Open & Support and Resistance Levels 11.19.2021

November 18th, 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!

Get FRESH insight every morning BEFORE the market starts like the one below posted 3 hours before market opened this morning, on our private FB group: https://business.facebook.com/groups/1105191589938254/

XX = STOP
SCO = STOP CLOSE ONLY
MA= MOVING AVERAGE
FIBO’S = Fibonacci Retracements
11.17.21
RECAP FROM Wednesday:
THE INFLATIONARY TRADE HAS BEGUN
IN THE SOFTS:
COFFEE IS LEADING THE WAY!
H COFFEE CLOSED 234.75 +10.25!!
H SUGAR CLOSED 20.42 +0.43
H COCOA CLOSED 2568 +0.15
H COTTON CLOSED 116.92 +1.79
Z S&P
4752.00 IS THE NEXT TEST AREA.
Z S&P
4590 MUST HOLD!
CLOSE BELOW TRIGGERS 4515.00
LONG TERM
Z DOW OBJECTIVE 40,000
***
Z CRUDE COLLAPSED BELOW
KEY TRANSITIONING MA 80.07!!!
CLOSED 78.36 -2.40
BEARISH FOR S&P’S
76.26 OBJECTIVE UNTIL A CLOSE ABOVE
79.31 OCCURS.
$99.95 LONG TERM
***
Z BONDS
CLOSED 160.14 +0.14
BULLISH FOR NASDAQ
Z COPPER CLOSED
4.2660 -0.0855
BEARISH FOR S&P’S
Z YEN
CLOSED 87.64 +0.435
BEARISH FOR S&P’S
GOOD MORNING.
11.18.21 Thursday
Export Sales 7:30
Jobless Claims 7:30
EIA Gas Storage 9:30
Z US$
ALGO IS LONG
Z US$ CLOSED 95.829 -0 082
ALGO SUPPORT:
95.42
95.28 Sell SCO
95.13
Z S&P:
X 5th HIGH 4,711.75
V 01st LOW 4260.00
FIBO’S:
38.2% = 4538.75
50.0% = 4485.50
61.8% = 4432.50
4630.75
KEY MA
MUST HOLD!
4517.00
KEY TRANSITIONING MA
MASSIVE SUPPORT
4479.75
MASSIVE MA
KEY SUPPORT
4451.25
CRITICAL MA
4263.75
LAST MA SUPPORT
ALGO IS LONG
Z S&P Closed 4686.25 -9.75
ALGO SUPPORT:
4674.00
4666.50 Sell SCO
4658.25
Z NASDAQ:
X 5th HIGH 16,448.50
V 04th LOW 14,367.75
FIBO’S:
38.2% = 15,651.75
50.0% = 15,406.75
61.8% = 15,161.75
15,973.50
KEY MA
MUST HOLD!
15,471.50
KEY TRANSITIONING MA
15,359.50
MASSIVE MA
15,247.00
CRITICAL MA
14,392.50
LAST MA
ALGO IS LONG
Z NASDAQ
Closed 16,311.50 +10.75
ALGO SUPPORT:
16,228.75
16,187.50
16,142.00
Z CRUDE:
76.26 OBJECTIVE UNTIL 79.31 CLOSE.
ALGO IS SHORT
ALGO RESISTANCE:
79.62
79.09 Buy SCO
78.60
Closed $78.36 -2.40
81.84
KEY MA
KEY RESISTANCE
80.15
KEY TRANSITIONING MA
COLLAPSED ***
KEY RESISTANCE
74.17
MASSIVE MA
73.21
CRITICAL MA
67.30
LAST MA SUPPORT
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.
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

11-19-2021

 


Economic Reports, source: 

https://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.


Mini Nasdaq Chart & Support and Resistance Levels 3.03.2021

March 2nd, 2021 Filed under Future Trading News | Comment (0)

_________________________________________________

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Time to trade June bonds, May silver and May copper as well as May grains.
Stock futures and currencies don’t roll over until mid March and we will send a separate notice.
The recent volatility reminds me of last March, when COVID started.
I have a few points to make:
  1. Take a look at the below chart from today on the mini NASDAQ this volatility will play both sides and in MY OPINION this is not a market to just buy and hold using futures….You need to be able to react and adjust positions according to market action and sentiment.
  2. DON’T try to predict tops and bottoms….
  3. Learn to reduce trading size. Perhaps trade smaller contracts like the micros.
  4. Understand that loses are part of trading and this is definitely not a good time to “fight the markets”.
  5. Focus more on risk management and ways to protect certain positions as needed.
  6. Survive to trade another day.
  7. LIMITS guidelines visit: https://www.cmegroup.com/trading/equity-index/faq-sp-500-price-limits.html
Emini Nasdaq NQ Chart

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

3-03-2021

Futures Support & Resistance Levels 3.03.2021

Economic Reports, source: 

 www.BetterTrader.co

BetterTrader Economic Indicators

 

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.


Weekly Dow Jones Futures Chart and Support and Resistance Levels 12.30.2020

December 29th, 2020 Filed under Indices | Comment (0)

_________________________________________________

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

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Two more trading days left in 2020!!
Thank you for choosing Cannon during this challenging year. We look forward to continuing to provide you with excellent service in 2021 and wish you a healthy, successful year ahead!
New Years Holiday Futures Trading Schedule 2020 CME GLOBEX
Weekly Dow Jones Cash Index with possible upside target as well as support level below. Keep in mind this is a WEEKLY chart.
Dow Jones Futures Emini MICRO Futures

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

12-30-2020

Futures Support & Resistance Levels 12.30.2020

Economic Reports, source: 

 www.BetterTrader.co

BetterTrader Futures Reports

 

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.

________
Doing Business With
See more...
Loading
Loading

Loading