E-Mini NASDAQ Future Trading

E-Mini NASDAQ Future Trading

NASDAQ Futures Down 3% + Futures Trading Levels for 01.06.2022

January 5th, 2022 Filed under Energy Futures, Financial Futures, Future Trading News, Indices | Comment (0)

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FOMC Minutes report triggered one of the larger sell offs we have seen in recent months. NQ and RTY were both down over 3% when the trading day was over.
Hope it helps.
*While I have no idea were the market is going from day to day, minute to minute, week to week etc. I do know that in the past, some of the sharpest and largest rallies were short covering after a large sell off. More often than not market sell offs and volatility like we are seeing do not end up as V type of action but more like U or W when it is all said and done.
*Expect the unexpected…
* Have an idea of what you are looking to do, keep in mind possible risk and have a game plan. Now more than ever, plan your trade and trade your plan!
* Think money management, hedging risk while you are still trying to figure out how to profit.
* Know what is going on, reports, current margins, current limits and more.
*Consider short term options instead of futures and/or MICROS
*Trade smaller. The bands are much larger. Watch the VIX.
* DO NOT assume anything…if you are not sure, contact us and we will try our best to assist with the combined, vast experience we have here as a team.
* Wash hands, take this seriously and do your best to stay healthy….
My colleague, John Thorpe, Ex floor broker, contributed the following on the VIX and the VVIX:
“We recommend all stock indices intraday traders to keep an eye on the VIX for directional clues and study, many of you have access through other means to view this critical trading barometer, VIX now trades 5 days per week ,23 hours per day. if you need to add the VIX data to your trading platforms , it’s 3 bucks per month, penny wise and pound foolish if you don’t. Contact your broker on how to add the Volatility Index traded through the CBOE to your trading platform.”

Futures Trading Levels


Support & Resistance Levels For 01.06.2022

Economic Reports, Source: 


BetterTrader Reports 01.06.2022


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.

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.

E-Mini NASDAQ 100 Futures Technical Analysis for July 16th 2013

July 16th, 2013 Filed under Future Trading News, Futures Broker, Index Futures | Comment (0)

Sept. Mini NASDAQ futures ( symbol on most platforms is NQU3) are trading at 3070.00 at the time I am writing this analysis – July 16th 2013.

As a commodity futures broker,  I am going to focus on the technical aspect of this market and provide my technical opinion, I think it is important to be aware of the fundamental aspects and the events coming up which can move the market either way. To start with,  Traders are probably already looking forward to today’s testimony before Congress by Fed Chairman Ben Bernanke. The big question he will be asked is how does the FED plans on tapering down the massive injection of cash or what we know as QE. I think the reason the markets are down today is in anticipation of this testimony. Economic numbers will continue to pour in as well as a G20 meeting and earning season is in place.

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