Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
Hope everyone had a nice weekend and will enjoy a successful trading week!
A bit more on the mini Russell:
For the next few months, the mini Russell 2000 will trade side by side on both the CME and ICE exchanges.
It is the same underlying contract but different futures contracts ( the moves will be 99.9% identical)
The main volume is still with ICE but for the retail clients, i recommend starting to trade the CME contract because of the lower data fees.
Bottom line is if you are not sure, have questions – pick up the phone or contact us with any questions, we will be happy to assist.
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 September 2017||SP500||Nasdaq100||Dow Jones||Mini Russell||Dollar Index|
|Contract||August Gold||Sept. Silver||August Crude Oil||Sept. Bonds||Sept. Euro|
|Resistance 3||1228.5||16.40||46.15||152 24/32||1.1496|
|Resistance 2||1221.8||16.05||45.50||152 15/32||1.1478|
|Resistance 1||1217.5||15.84||44.96||152 7/32||1.1459|
|Support 1||1206.5||15.28||43.77||151 22/32||1.1423|
|Support 2||1199.8||14.93||43.12||151 13/32||1.1405|
|Support 3||1195.5||14.72||42.58||151 5/32||1.1386|
|Contract||Sept. Corn||Sept. Wheat||November Beans||Aug. SoyMeal||Aug. 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.