S&P 500 Support and Resistance Levels


Memorial Day Holiday Schedule 2014 for CME / Globex and ICE Exchanges

May 21st, 2014 Filed under Future Trading News | Comment (0)

Memorial Day Holiday Schedule 2014 for CME / Globex and ICE Exchanges

 

CME / CBOT / Globex® Memorial Day Holiday Schedule

Equity Products

Friday, May 23

1615 CT / 1715 ET / 2115 UTC – Regular close

Sunday, May 25

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Tuesday, May 27*

Monday, May 26

1200 CT / 1300 ET / 1700 UTC – Trading halt (pre-open)

1700 CT / 1800 ET / 2200 UTC – Products resume trading

Tuesday, May 27

1615 CT / 1715 ET / 2115 UTC – Regular close

Interest Rate & FX Products

Friday, May 23

1515 CT / 1615 ET / 2015 UTC – Early close

Sunday, May 25

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Tuesday, May 27*

Monday, May 26

1200 CT / 1300 ET / 1700 UTC – Trading halt (pre- open)

1700 CT / 1800 ET / 2200 UTC – Products resume trading

Tuesday, May 27

1600 CT / 1700 ET / 2100 UTC– Regular close

Energy, Metals & DME Products

Friday, May 23

1615 CT / 1715 ET / 2115 UTC – Regular close

Sunday, May 25

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Tuesday, May 27*

Monday, May 26

1200 CT / 1300 ET / 1700 UTC – Trading halt (pre-open)

1700 CT / 1800 ET / 2200 UTC – Products resume trading

Tuesday, May 27

1615 CT / 1715 ET/ 2115 UTC – Regular close

*Dates and times are subject to change

*Note: Session orders entered on Sunday are for trade date Tuesday, May 27

and will continue working until Tuesday’s close unless otherwise noted.

Globex® Memorial Day Holiday Schedule

Grain, Oilseed & MGEX Products

Friday, May 23

Regular close – Per each product schedule

Sunday, May 25

1600 CT / 1700 ET / 2100 UTC – Pre-open for trade date Tuesday, May 27*

Monday, May 26

1900 CT / 2000 ET / 0000 – Open for trade date Tuesday, May 27

Tuesday, May 27

0700 CT / 0800 ET / 1200 UTC – MGEX Apple Juice – Regular open

Regular close – Per each product schedule

Livestock, Dairy & Lumber Products

Friday, May 23

Regular close – Per each product schedule for:

• Livestock

• Dairy

• Lumber

Monday, May 26

1700 CT / 1800 ET / 2200 UTC – Dairy markets open for trade date Tuesday, May 27*

Tuesday, May 27

900 CT / 1000 ET / 1400 UTC – Lumber market open

905 CT / 1005 ET / 1405 UTC – Livestock markets open

Regular close – Per each product schedule

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

ICE Futures U.S.(sm) Memorial Day, May 26, 2014:

AGRICULTURAL PRODUCTS*

DATE OPEN OUTCRY / ELECTRONIC

Fri May 23 Regular Hours / Regular Hours

Mon May 26 Closed / Closed

*Including RJ/CRB and CCI contracts.

FINANCIAL PRODUCTS

(Currencies Pairs — U.S. Dollar Index)

DATE OPEN OUTCRY /  ELECTRONIC

Fri, May 23 Early close at 1:00 p.m. ET  / Early close at 4:15 p.m. ET

Mon, May 26 Closed / Early close at 1:00 p.m. ET

STOCK INDEX PRODUCTS

(NYSE Composite Index— Russell Indexes)

DATE OPEN OUTCRY / ELECTRONIC

Fri May 23 Regular Hours / Early Close at 4:15 p.m. ET

Mon May 26 Closed / Early close at 11:30 a.m. ET

**For those futures and options contracts which continue to trade on the floor.

More details at: https://www.theice.com/publicdocs/futures_us/exchange_notices/MemorialDay%20_2_.pdf

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.


Volatility in the S&P Futures Markets and Mini S&P Chart 4.25.2014

April 24th, 2014 Filed under Commodity Trading, Future Trading News, Index Futures | 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 April 25, 2014

Hello Traders,

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

WOW! Volatility the first 90 minutes of cash open reminded me almost of the summer of 2008…..
Market gaped higher based on APPLE earnings yesterday but when cash opened took a nose dive based on news from Ukraine….

Times like that are dangerous for MOST traders. yes, some of the more experienced or perhaps well capitalized traders look for days like this but for many others the fast and powerful moves can be a little too much…..

My advice? Know who you are as trader, learn to trade with stops, learn to lower your exposure/ trading quantity when volatility picks up and most of all if at any time you feel VERY UNCOMFORTABLE…take a few minutes, step away from the machine, take some deep breaths and decide if and how to continue….

In between see below my mini SP 500 chart ( 8 ticks range chart) along with my proprietary indicators/ ALGO from today:

EP - E-mini S&P 500, Equalized Active Continuation, Primary Session: : Range Bar, 8 Tick Units

EP – E-mini S&P 500, Equalized Active Continuation, Primary Session: : Range Bar, 8 Tick Units

Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above and be able to apply for any market and any time frame on your own PC ?  You can now have a three weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts OR CQG Q Trader.

Read the rest of this entry »


Futures Market Observations and Economic Reports 4.24.2014

April 23rd, 2014 Filed under Future Trading News, Futures Trading, Index Futures | 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 April 24, 2014

Hello Traders,

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

Getting Clues from other markets?

When day-trading a specific market do you only look at the chart for that specific market? maybe you took it a step further and you are viewing multiple time frame charts for the same market which is a good step in my eyes.

Now lets take this even one step further by observing what markets have correlation, direct or inverse to the market you are trading, perhaps this can help you make decisions when trading.

I will give a few examples from my experience:

When I am in a position in the mini SP 500, I will often observe what the bonds are doing ( many times inverse correlation), I will take notice of what the Dow, Russell and NASDAQ are doing as well ( direct correlation)

If I am trading crude oil, I will many times pay attention to what unleaded gas and heating oil are doing (very close, although not direct correlation) as well as what WTI crude is doing.

One more example may be when I have a position trade in beans and I will try to get a feel for the overall direction of the grain markets (is there a trend? are they sideways?) by looking at corn, wheat in general and then look to see what bean oil and soy meal which are by products of beans are doing.

One question that can be asked is “what do you mean observe this or that market”? and a good example will be:

Lets say I am short the mini SP 500 and I am not sure if to take profit or not. I look at the mini Russell and see that mini Russell just made new lows, that will give me more confidence to stay in my short position as I feel there might be more room to the downside.

Read the rest of this entry »


Good Friday Futures Trading Holiday Hours and Economic Reports 4.17.2014

April 16th, 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 Thursday April 17, 2014

Hello Traders,

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

Good Friday Day Holiday Schedule for CME / Globex and ICE Exchanges

All times listed as Central Time

Thursday, April 17

  • CME & CBOT Equity Products

1615 CT / 1715 ET / 2115 UTC – Regular close

  • ICE Equity Products

1615 CT / 1715 ET / 2115 UTC – Regular close

  • CME & CBOT Interest Rate & FX Products

1600 CT 1700 ET / 2100 UTC – Regular close

  • CBOTKCBT Grain & Agricultural Products

Regular close – per each product schedule

Note: Grain pre-opening between 2:30 P.M. – 4:00 P.M.

  • Other CME Group Products

1355 CT / 1455 ET / 1855 UTC – Early Close

  • ICE SoftsCash-Settled Grains

Regular close – Per each product schedule

Friday, April 18

  • CME & CBOT Equity Products

CME Globex is closed

  • CME & CBOT Interest Rate & FX Products

CME Globex is closed

  • CBOT, KCBT Grain & Agricultural Products

CME Globex is closed

  • Other CME Group Products

CME Globex is closed

Sunday, April 20

  • CME & CBOT Equity Products

1700 CT / 1800 ET / 2200 UTC – Regular open for trade date Monday, Apr 21

  • CME & CBOT Interest Rate & FX Products

1700 CT/ 1800 ET / 2200 UTC – Regular open for trade date Monday, Apr 21

  • CBOTKCBT Grain & Agricultural Products

1900 CT / 2000 ET / 2300 UTC – Regular open for trade date Monday, Apr 21

  • Other CME Group Products

Regular Open per each product schedule for:

Livestock, Weather, Real Estate, Lumber, Dairy Read the rest of this entry »


Futures Trading Levels and Economic Reports 4.16.2014

April 15th, 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 Wednesday April 16, 2014

Hello Traders,

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

There will be no market commentary today.  Will be back in tomorrow.  Thank you!

Read the rest of this entry »

________
Doing Business With
See more...
Loading
Loading

Loading