Mini Nasdaq chart


Micro Mini NQ Chart Review / Fibonacci Extensions; Thanksgiving Holiday Schedule & Support and Resistance Levels 11.24.2021

November 23rd, 2021 Filed under Future Trading News, Index Futures | Comment (0)

Dear Futures Trader,

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An exercise in Fibonacci extensions….

As the NQ started moving lower today ( I actually prefer the MNQ as it causes less stomach ache when moves against me….), I was looking for a target profit on a short position a client of mine had.
I draw FIB extension for yesterday sell off move and applied it to the high on the bounce made early this morning….Today it turned out out to be an excellent tool (click for LARGER IMAGE)….gave me targets, possible trailing stops, possible re-entry and more ( always easier looking back after the fact)….Of course there are many times where this will NOT work but you may want to take a look at Fibonacci extensions as another tool in your arsenal and just Fibonacci retracement….
Micro Nasdaq #MNQ 15 Minute Chart
Short Trading week ahead with Thanksgiving Holiday this week.
See trading schedule below, be aware of the different reports, what is the market focusing on and the different closing times for the different markets between tomorrow and Friday/Sunday evening.
CME Globex Thanksgiving Holiday Futures Schedule 2021

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

11-24-2021

Futures Support and Resistance Levels 11.23.2021

 


Economic Reports, source: 

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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 7.25.2017

July 24th, 2017 Filed under Future Trading News | Comment (0)

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Earning season is in full affect. Most earnings report after close usually.

In between NASDAQ made a new high, again….and stock index futures are some what back to lower volatility, summer type of trading.

On the other hand Crude Oil, gold, grains and few other markets are experiencing good ranges and above average volatility.

My opinion is that if you are a day trader primarily, you need to follow minimum of 2 markets, I like following 3 markets.

Certain days, different markets will offer different opportunities as well as risks. Some days one of the markets might be “dead” while others are moving and according to your preferred style and market environment you like, you can focus on those markets.

Read the rest of this entry »


Mini Nasdaq chart + start trading September contracts! 6.13.2017

June 12th, 2017 Filed under Future Trading News | Comment (0)

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Rollover Notice:

Front month for stock indices and financials is now September. Make sure you switched from trading June into trading the September ( U ) contract. Please contact your broker with any questions.

Mini Nasdaq has taken one of its strongest corrections in months these past two days…..

Daily chart with possible levels to watch for your review below: Read the rest of this entry »

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