March 1st, 2011 Filed under Future Trading Platform, Futures Trading | Comment (0)
Cannon Trading / E-Futures.com
Wishing all of you a great trading month in March!
Weekly chart of mini Dow Jones futures for your review below. While most of you are shorter term traders, even considered futures day-traders, it is wise to know what the longer time frame charts are showing as well.
In the case of the weekly chart below, we will need to see a break below 119.50 in order to get a weekly sell signal according to my technical opinion.
Daily E-Mini S&P 500 Futures Trading Chart
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August 3rd, 2010 Filed under Commodity Trading, Future Trading News, Futures Trading, Index Futures | Comment (0)
“The Current Uptrend is Strong”
Daily chart of Mini Dow Jones futures contract for your review below with possible Elliot Wave scenarios. The 82 reading suggest the current uptrend is strong. If the 3rd wave we are in will continue than next target will be 10723. If the market pulls back first to possible 4th wave, support is at 10490. Of course, when its all said and done what matters most is price action and not what we want or hope the market will do.
YM – E-Mini Dow Futures – $5 Multiplier, Equalized Active Daily Continuation