Futures Trading Levels for January 5th, 2021

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Dear Traders,

RTY chart for January 5th 2021

RTY = Mini Russell 2000 has been a leading indicator in my opinion for direction of stock index futures past few months. Will be interesting to see if the sell off today was a start of a trend reversal or just risk hedging ahead of Georgia tomorrow. As usual in trading, few hours/ few days will tell the story…. If you like access to the ALGOS shown in the chart, click here.

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Futures Trading Levels

January 5th 2021

Economic Reports, source: 

 www.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.