Mini Nasdaq


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: 

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 Heikin-Ashi Chart, FOMC 10-29-2015

October 28th, 2015 Filed under Future Trading News | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday October 29, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Another FOMC came and gone…..I must say FOMC days are NOT my favorites for trading….

here is an updated chart of the mini NASDAQ100 for your review

ENQZS - E-mini NASDAQ-100, Dec 15,Daily : Heikin-Ashi

ENQZS – E-mini NASDAQ-100, Dec 15,Daily : Heikin-Ashi

Read the rest of this entry »


Rollover for Futures Mini Indices & Economic Reports 6.13.2014

June 12th, 2014 Filed under Future Trading News | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday June 13, 2014

Hello Traders,

For 2014 I would like to wish all of you discipline and patience in your trading!

 

FRONT MONTH for stock index futures and currencies is now SEPTEMBER.

Make sure you are trading the September contract.

I was asked this morning, “what futures markets would you recommend a newcomer to start with?”

 

While the answer will vary based on perspective trader risk capital, risk tolerance, personality etc. I do think that there are a few markets that might be a better start for first time futures day trader.

 

I personally would say, leave the mini SP alone. Yes it has the biggest volume but there is quite a bit of size on the bid/ask that may make this frustrating for new traders.

My favorite markets to share with first time traders are:

 

mini Dow

ten year notes

and

mini crude/ mini gold

 

The mini Dow moves similar to mini SP but the value per point/tick is smaller, still has good volume but not as hard to get filled on the limits as the mini SP.

 

The 10 year notes are usually less volatile than the other markets mentioned. Completely different type of trading personality and offer a good diversification option for new traders and experienced traders and they trade in halves, so each tick is $15.625 versus each tick of the 30 years which is worth $31.25.

 

The mini gold and mini crude are another good option because it is the smaller contract size of two markets that can really move, offer volatility and RISK but the availability of the mini sized contracts make these two a better option for beginners until one has experience / risk capital and appetite for the standard contract sizes of gold and crude oil.

 

 

If you like the information we share? We would appreciate your positive reviews on our new yelp!! Read the rest of this entry »


Weekly Chart of the Mini NASDAQ | Support and Resistance Levels

May 16th, 2012 Filed under Future Trading News, Future Trading Platform | Comments Off on Weekly Chart of the Mini NASDAQ | Support and Resistance Levels

 

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday May 17, 2012

 

Hello Traders,

Weekly chart of the mini NASDAQ with possible levels to watch for your review below.

Patience, discipline and ability to accept losses are some of the biggest keys for any trading, especially for day-trading.

Write your rules down, post them on the computer and make a conscious effort to follow them. I know when I follow my own rules, it helps me and sometimes the biggest battle is just staying disciplined.

Read the rest of this entry »


Mini Nasdaq 100 for Your Review for November 17th 2010

November 17th, 2010 Filed under Futures Broker, Futures Exchange | Comment (0)

Mini Nasdaq 100 daily chart for your review, we “stopped” right on the first support level, next level if we can break lower is 2023:

SP-500-Day-Trading-2010-11-17 Read the rest of this entry »

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