S&P 500 Support and Resistance Levels

S&P 500 Support and Resistance Levels


Unemployment Rate Friday October 8th to Give Market Direction

October 7th, 2010 Filed under Future Trading News | Comment (0)

Employment figures ( or lack of…) tomorrow will finally either push this market higher into a new range or send it back lower.

Some FIB levels to watch for in either case in the mini SP chart below.

E mini SP Chart

E mini SP Chart

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Futures and Commodity Trading Levels for October 6th 2010

October 5th, 2010 Filed under Future Trading News | Comment (0)

Commentary will resume tomorrow.

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Commodity Trading Levels for October 5th 2010

October 4th, 2010 Filed under Commodity Trading, Energy Futures, Financial Futures, Future Trading News, Futures Trading, Grain Futures, Index Futures, Metal Futures, Options Trading | Comment (0)

Not an easy market to read right now in my opinion.

It is showing signs like it would like to visit some lower levels, yet there is enough buying interest to keep it above 1127.

This Friday monthly unemployment levels will be watched closely.
If the market breaks below 1127, it has a chance of picking some more speed to the downside.
On the flip side, bulls will need to see new highs in order to get back in control of price action.
Daily chart with some price levels to watch for your review below:

Commodity Futures Trading Charts

Commodity Futures Trading Charts

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Futures Trading Levels, October 4th 2010

October 1st, 2010 Filed under Future Trading News | Comment (0)

I wish all of you a great trading month in October.

If the first trading of October is an indication for the rest of the month, than October should be an interesting month….

Currently there is a case for both the bulls and the bears.

Bull camp needs to see a close above 1150 while bear camp needs to see a break below 1125. In between it is an open game for moves in both directions.

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Another Chance for a Free Trial for Intraday Signals for Mini SP500 and Euro Currency, September 30th 2010

September 29th, 2010 Filed under Commodity Trading, Currency Futures, Future Trading News, Futures Trading, Index Futures | Comment (0)

I wanted to share some of today’s activity we had in the daily webinar service I hold. The “webinar” is a service I offer, where I share mostly the mini SP chart but also other markets like Euro currency, Crude Oil and Mini Russell.

In the webinar I display my charts, trading indicators, trading algorithm, trade management philosophy, risk management and more.

Some days i also provide live trading examples using my demo, like I did today.

Below you will see a segment from today’s webinar where the DIAMOND algorithm provided us with more than several trade set ups for 2 mini SP points each time.

For free trial and more information, visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals

( NO REPEAT TRIALS )

SP 500 Day Trading

SP 500 Day Trading

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