Non Farm Payroll Tomorrow + Rollover Notice!
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Non Farm Payroll tomorrow morning 8:30 AM EST
Employment situation from Econoday
Rollover notice
Rollover Notice for Stock Index Futures
Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones etc., it is extremely important to remember that we are now rolling over and trading the June contract.
Starting March. 8th, the June 2018 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the June 2018 contract as of March 8th. Volume in the March 2018 contracts will begin to drop off until its expiration on Friday March 15th.
The month code for June is M8
Traders with electronic trading software should make sure that defaults reflect the proper contract as of Friday morning.
Please close any open March Currency positions by the close on Friday the 16th.
Good Trading!
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
3-08-2018
| Contract June 2018 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | BitCoin Index |
| Resistance 3 | 2777.00 | 7080.42 | 25285 | 1603.13 | 10986.67 |
| Resistance 2 | 2759.75 | 7045.83 | 25135 | 1592.97 | 10543.33 |
| Resistance 1 | 2754.50 | 7012.67 | 25033 | 1583.33 | 9991.67 |
| Pivot | 2741.25 | 6980.08 | 24883 | 1573.17 | 9548.33 |
| Support 1 | 2734.00 | 6957.92 | 24781 | 1563.53 | 8996.67 |
| Support 2 | 2720.75 | 6911.33 | 24631 | 1553.37 | 8553.33 |
| Support 3 | 2712.50 | 6892.17 | 24529 | 1543.73 | 8001.67 |
| Contract | Apr. Gold | May Silver | Apr. Crude Oil | June Bonds | Mar. Euro |
| Resistance 3 | 1338.7 | 16.72 | 62.61 | 145 | 1.2562 |
| Resistance 2 | 1334.2 | 16.65 | 62.00 | 144 16/32 | 1.2508 |
| Resistance 1 | 1328.5 | 16.57 | 61.16 | 144 3/32 | 1.2413 |
| Pivot | 1324.0 | 16.50 | 60.55 | 143 19/32 | 1.2358 |
| Support 1 | 1318.3 | 16.43 | 59.71 | 143 6/32 | 1.2263 |
| Support 2 | 1313.8 | 16.36 | 59.10 | 142 22/32 | 1.2209 |
| Support 3 | 1308.1 | 16.28 | 58.26 | 142 9/32 | 1.2114 |
| Contract | May Corn | May Wheat | May Beans | May SoyMeal | Apr. Nat Gas |
| Resistance 3 | 402.3 | 516.7 | 1082.08 | 392.33 | 2.84 |
| Resistance 2 | 398.0 | 509.6 | 1075.67 | 389.27 | 2.81 |
| Resistance 1 | 395.8 | 504.4 | 1069.83 | 386.33 | 2.78 |
| Pivot | 391.5 | 497.3 | 1063.42 | 383.27 | 2.76 |
| Support 1 | 389.3 | 492.2 | 1057.6 | 380.3 | 2.7 |
| Support 2 | 385.0 | 485.1 | 1051.17 | 377.27 | 2.70 |
| Support 3 | 382.8 | 479.9 | 1045.33 | 374.33 | 2.67 |
Economic Reports, source:
http://app.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.
