Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
From our team at Cannon Trading, to you and your loved ones, we wish you a great 2018 in all aspects of life! May you enjoy health, happiness and great trading this new year!
2018 started with some strong moves in different markets.
The holidays are behind us and volume is slowly coming back.
May 2018 bless you with patience, risk management and discipline.
May the market moves go your way and the different reports help your open trades….
Please keep in mind that our brokers here at Cannon are available to chat about the markets, trading techniques, mental aspects of trading and much more. Feel free to pick up the phone and call us at 310 859 9572 any time.
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.
Futures Trading Levels
|Contract March 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||BitCoin Index|
|Contract||Feb. Gold||Mar. Silver||Feb. Crude Oil||Mar. Bonds||Mar. Euro|
|Resistance 3||1340.1||17.58||61.35||154 7/32||1.2225|
|Resistance 2||1330.1||17.42||61.04||153 18/32||1.2180|
|Resistance 1||1324.6||17.32||60.71||152 22/32||1.2146|
|Support 1||1309.1||17.05||60.07||151 5/32||1.2068|
|Support 2||1299.1||16.89||59.76||150 16/32||1.2023|
|Support 3||1293.6||16.79||59.43||149 20/32||1.1989|
|Contract||Mar. Corn||Mar. Wheat||March Beans||Mar. SoyMeal||Feb. Nat Gas|
Economic Reports, source:
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.