Futures Markets

Futures Markets Labor Day Holiday Schedule 2014

August 27th, 2014 Filed under Future Trading News | Comment (0)

Labor Day Holiday Schedule for CME / Globex and ICE Exchanges

All times listed as Central Time

Regular close-Per each product schedule

More details at: http://www.cmegroup.com/tools-information/holiday-calendar/files/2014-labor-day-holiday-schedule.pdf

If you have any questions, please call the CME Global Command Center at +1 800 438 8616, in Europe

at +44 800 898 013 or in Asia at +65 6532 5010

More Details at: https://www.theice.com/marketdata/Calendar.shtml?calendars=Holiday&expirationEnabled=false&calendars=SpecialTradingHours

The above sources were compiled from sources believed to be reliable. Cannon Trading assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

Higher Volume in Futures Markets | Support and Resistance Levels

August 30th, 2011 Filed under Futures Trading | Comments Off on Higher Volume in Futures Markets | Support and Resistance Levels

In this post:
1. Market Commentary
2. Daily Futures Chart for Mini S&P 500
3. Support and Resistance Levels
4. Economic Reports
4. Highlighted Earnings Releases

1. Market Commentary

Interesting price action today.

Market visited both positive and negative territory with better volume than last few sessions.

Market made recent highs at 1218.75 yet finished slightly lower to unchanged.

Tomorrow is the last trading day of the month.

Overall as one can see from chart below, open interest has risen since we first sold off hard, while volume has dropped since the sell off during the first few days of August.

What does it mean to me? My guess is that the bounce we have seen after the 1077 Aug 9th low on the SP500 is a bear market rally. While we may see a bounce to 1244 -1283 levels, I feel there are bigger chances for the downtrend to resumeand for the market to visit Aug 9th lows and perhaps lower.

As always the “Million $$ questions” are:

When does one enter?

How does one protect oneself in case this analysis is wrong?

How does one manage the trade once one has answered the first two questions above….

2. Support and Resistance Levels!

Contract (Sept. 2011)	SP500 (big & Mini)	Nasdaq100 (big & Mini)	Dow Jones (big & Mini)	Mini Russell
Resistance 3	1244.33	2300.83	11823	755.33
Resistance 2	1231.42	2275.17	11721	743.47
Resistance 1	1219.83	2252.58	11620	734.03
Pivot	1206.92	2226.92	11518	722.17
Support 1	1195.33	2204.33	11417	712.73
Support 2	1182.42	2178.67	11315	700.87
Support 3	1170.83	2156.08	11214	691.43

Contract	Dec. Gold	Sept. Euro	Oct. Crude Oil	Dec. Bonds
Resistance 3	1865.0	1.4672	92.56	138 10/32
Resistance 2	1850.7	1.4601	90.88	137 29/32
Resistance 1	1845.6	1.4522	89.81	137 16/32
Pivot	1831.3	1.4451	88.13	137 3/32
Support 1	1826.2	1.4372	87.06	136 22/32
Support 2	1811.9	1.4301	85.38	136 9/32
Support 3	1806.8	1.4222	84.31	135 28/32

Read the rest of this entry »

Trading the High Volatility Futures Markets

August 10th, 2011 Filed under Futures Trading, Trading Guide | Comments Off on Trading the High Volatility Futures Markets

In this post:

1. Market Commentary
2. Support and Resistance Levels
3. December Mini S&P 500 Continuous Futures chart
4. Economic Reports
5. Highlighted Earnings Releases

1. Market Commentary

What platforms hold up during high volatility futures market trading sessions?

Over the last few weeks and particularly the last 4-5 trading sessions, we have witnessed unprecedented volatility, volume and market speed.

I want to share some of my experience as I have been trading with clients and definitely following the second-to-second moves. I have two very powerful machines along with multiple internet connections that are very fast. I must admit that during these times when the SP moved as much as 20 points in minutes and 10-12 points in seconds, two platforms stood out in keeping up with market data without any delays.

On my two machines I run CQG, eSignal, NINJA, PFG best, MFGlobal and couple more. All very solid, respectable trading and charting packages. However the two that ranked the highest in my opinion in regards to speed, no latency and reliability are TransactAT (TransactAT demo here), and E-Futures (E-Futures demo here). I welcome you to contact us for more information/ feedback and/ or to try a free demo if you not already using one of these two.

On a different note, below you will see a screen shot from today’s live trading signals webinar I hold DAILY. If you have not had the trial before, feel free to register and come visit the live charts and the set ups I share real time.

You can also sign up for my real time intraday charts service. Read the rest of this entry »