Index Futures News & Information on Cannon Trading

Index Futures

Category Archives: Index Futures

Introduced in the year 1982, Index futures or stock index futures are extremely popular among trading commodities today. While trading, an index future is settled in cash on the value of a certain stock market index. One of the most traded indices is the S&P500.

These are quoted on the basis of either an underlying or a spot price for an index value. There are a number of technicalities involved, most of which you should understand. However, even if you find it tough to comprehend what Index futures are, you can take assistance from the trade experts at Cannon Trading.

We at Cannon Trading want you to understand the basics and the details about Index Futures like our experts do. There are a number of blogs that we list here in our category archive. We recommend that you read these to know for yourself what Index Futures trading is all about.


Markets Post FOMC + 02.02.2023 Trading Levels

February 1st, 2023 Filed under Day Trading, Financial Futures, Future Trading News, Futures Broker, Index Futures, Indices, S&P 500 | Comment (0)

Get Real Time updates and more on our private FB group!

 

 

What to Expect the Last Two Trading Days of the Week

By Mark O’Brien, Senior Broker

General: albeit the eighth straight interest rate hike by the Federal Reserve since last March, today’s 25-basis point increase was the smallest move of the streak – with its target range now set to 4.5 – 4.75 percent. In its policy statement, Central Bank officials signaled that while “inflation has eased somewhat,” the fight against inflation has not come to an end and that the Fed “will stay the course until the job is done.” Translation: more hikes are on the way.

 

Yesterday, the International Monetary Fund raised its 2023 global growth outlook slightly, from their last projected contraction to 2.9% form 2022, to a slightly less discouraging 2.7%. They pointed to “surprisingly resilient” demand in the United States and Europe, an easing of energy costs and the reopening of China’s economy after Beijing abandoned its strict COVID-19 restrictions.

 

Tomorrow the European Central Bank will meet to determine their own next move in that region’s battle against inflation. They’re almost certain to notch rates up another 50 basis points up to 2.5 percent on their deposit facility, as it’s termed. And similar to the attention paid to Fed chair Jerome Powell’s words, all ears will be honed in on ECB President Christine Lagarde’s communications on the central bank’s guidance and future decisions.

 

All this is taking place amidst the backdrop of slight improvements in U.S. and Chinese economic expectations. One could make the case that the green shoots indicating signs of improvement for the economy mentioned in the Jan. 18 blog at the very least haven’t withered.

 

And speaking of not withering, while the outlook for the South American soybean crop remains a concern, traders have started removing the weather premium from prices.

 

This could contribute to an asset-wide decline in volatility and leave markets prone to trending – up or down.

A Cannon broker will be able to assist, provide feedback and answer any questions.

 

Chart below is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.

FREE TRIAL AVAILABLE

PriceCounts – Not about where we’ve been , but where we might be going next!

March mini SP 500 possible PriceCounts Scenario below

 

The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com

 

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

 

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 when it comes to Futures Trading.

Futures Trading Levels

for 02-02-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

 

Economic Reports, Source: 

Forexfactory.com

 

 

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.


FOMC Tomorrow! + Trading levels for 12.14.2022

December 13th, 2022 Filed under Commodity Trading, Day Trading, Future Trading News, Index Futures, Indices | Comment (0)

Get Real Time updates and more on our private FB group!

ROLL to MARCH 2023 equity contracts as we are seeing more volume in the March Contracts than in the December ones the symbol for March is H so a micro e-mini S&P contract will be MESH23. Thursday we get Jobless claims, Retail sales and Industrial production.

 

Tomorrow we have FOMC

The following are my PERSONAL suggestions on trading during FOMC days:

 

·    Reduce trading size

·    Be extra picky = no trade is better than a bad trade

·    Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 3925.00 with a stop at 3919.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 3919.75 and place a stop a few points below in this hypothetical example ( consider current volatility along with support and resistance levels).

·    Expect the higher volatility during and right after the announcement

·    Expect to see some “vacuum” ( low volume, big zigzags) right before the number.

·    Consider using automated stops and limits attached to your entry order as the market can move very fast at times.

·    Keep in mind statement comes out at 1 Pm Central time, the news conference which dissects the language comes out 30 minutes later so the volatility window stretches out.

·    Know what the market was expecting, learn what came out and observe market reaction for clues

·    Be patient and be disciplined

·    If in doubt, stay out!!

A Cannon broker will be able to assist, provide feedback and answer any questions.

Watch video below on how to rollover using our FREE E-Futures Platform.

 

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 when it comes to Futures Trading.

Futures Trading Levels

for 12-14-2022

 

SP500 #ES_FNasdaq100 #NQ_FDow Jones #YM_FMini Russell #RTY_FBitCoin Index #BRTI SP500 Feb. Gold #GC_F March Silver #SI_F Jan. Crude Oil #CL-F March Bonds #ZB_F March 10 yr #ZN_F March Corn #ZC_F March Wheat #ZW_F March Beans #ZS_F March SoyMeal #ZM_F Jan. Nat Gas #NG_F March Coffee #KC_F March Cocoa #CC_F March Sugar #SB_F March Cotton #CT_F March Euro Currency

 

Economic Reports, Source: 

Forexfactory.com

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.


Weekly Newsletter – Silver Outlook, Rollover Notice for Indices + Levels 12.12.22

December 9th, 2022 Filed under Day Trading, Futures Trading, futures trading education, Index Futures, Indices, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1125

 

Join our private Facebook group for additional insight into trading and the futures markets!

In this issue:
  • Important Notices – Rollover
  • Trading Resource of the Week – Educational Videos
  • Hot Market of the Week – Silver
  • Broker’s Trading System of the Week
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

    • Important Notices – Rollover

    Rollover is here for stock indices. i.e., the E-mini and Micro S&P, Nasdaq, Dow Jones and Russell 2000.
    I personally start trading MARCH this Monday when the volume on March is higher than the December.
      Volume in the December contracts will begin to drop off until their expiration next Friday, December 16th (8:30 A.M., Central Time). At that point, trading in these contracts halts. Stock index futures are CASH SETTLED contracts. If you hold any December futures contracts through 8:30 A.M., Central Time on Friday, Dec. 16th, they will be offset with the cash settlement price, as set by the exchange.
     Monday, December 19th is Last Trading Day for June currency futures. It is of the utmost importance for currency traders to exit all December futures contracts by Friday, December 16th and to start trading the March futures. Currency futures are DELIVERABLE contracts.
    The month code for March is ‘H.’  Please consider carefully how you place orders when changing over.
    • Trading Resource of the Week

    Get access to variety of videos such as trading techniques, trading platforms, trading psychology and more!
    Click on the subscribe and get notified as soon as a new video is published!
    Below you will see a unique way to customize your E-Futures DOM!
Custom DOM Layout - E-Futures International
  • Hot market of the week is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
    PriceCounts – Not about where we’ve been , but where we might be going next!

The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

 

With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
PRODUCT
SYSTEM TYPE
Swing
Recommended Cannon Trading Starting Capital
$30,000
COST
USD 65 / monthly
The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.
  • Trading Levels for Next Week

Daily Levels for December 12th

Weekly Levels

 

 

  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

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 herein 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 judgment in trading


Weekly Newsletter – Trading Resources and more! 12.05.2022

December 2nd, 2022 Filed under Charts & Indicators, Future Trading News, Futures Broker, Gold Futures, Index Futures, Indices, Metal Futures | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1124

 

Join our private Facebook group for additional insight into trading and the futures markets!

In this issue:
  • Trading Resource of the Week
  • Hot Market of the Week
  • Broker’s Trading System of the Week
  • Trading Levels for Next Week
  • Trading Reports for Next Week

 

  • Trading Resource of the Week

If you traded recently while Powell was speaking, perhaps during a CPI report or even more so as NFP (non farm payrolls) numbers come out – YOU KNOW HOW IMPORTANT THESE NEWS ITEMS ARE!!
TRADETHENEWS.COM IS A SERVICE WHICH PROVIDES BREAKING NEWS VIA AUDIO AND TEXT. INSIGHT INTO HOW THE MARKET IS REACTING AND MANY OTHER VALUABLE TOOLS!
The First
To provide audio news squawks in 1998.
Entering our second decade of market
moving analysis.
Depth of Coverage
Professional analysts broadcasting 24 hrs
for American, European and
Asian markets.
Speed
Analyst teams are recognized
globally as the fastest source
for market intelligence.
Diverse Platform Offerings
Audio, text headlines, calendars and ability to ask questions to analysts live through platform.
Unbiased Insight
Completely independent – Unlike other services,
Trade The News is not backed by any trading firm.
Confidence
Extensive 10+ year proprietary databases
that allow analysts to back check news instantly to prevent errors.

  • Hot Market of the Week – Feb Gold

Hot market of the week is provided by QT Market Center, A swiss army knife charting package that’s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.
PriceCounts – Not about where we’ve been , but where we might be going next!

The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at www.qtchartoftheday.com
Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.
  • Broker’s Trading System of the Week

With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
PRODUCT
SYSTEM TYPE
Intraday
Recommended Cannon Trading Starting Capital
$10,000
COST
USD 175 / monthly
The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
Sign Up for a Free Personalized Consultation with a Broker from Cannon Trading Company
Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.

 

  • Trading Levels for Next Week

Daily Levels for December 5th

Weekly Levels

 

 

  • Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

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 herein 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 judgment in trading


Veterans Day, Price Banding + Trading levels for 11.11.2022

November 10th, 2022 Filed under Charts & Indicators, Day Trading, Future Trading News, Index Futures, Indices, S&P 500 | Comment (0)

Get Real Time updates and more on our private FB group!

This morning at 7:30 A.M., Central Time / 5:30 A.M., Pacific Time, the Bureau of Labor Statistics released its Consumer Price Index Report, which measures the prices paid by consumers for a basket of consumer goods and services.  Instantly, stock index futures experienced EXTREME volatility.  The E-mini $5 Dow Jones futures contract (YMZ22) jumped ±500 points (a ±$2,600 per contract move) in less than 10 seconds. The E-mini S&P 500 futures contract (ESZ22) jumped ±100 points (a ±$5,000 per contract move) within that same short span of time.

What happened?  We wrote about this topic in detail a few weeks ago.  Read More!

If you are a day trader, make sure to check your calendar for when these important reports will occur.  Not being prepared may result in severely consequential results for your trades and your account.

Check out the 10-second chart below showing today’s market movement.

Also tomorrow is Veteran’s Day.   While banks are closed, the futures markets will be open regular hours.

Plan your trade and trade your plan.
#ES, Mini S&P Chart

Mini S&P 10 Second Chart

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 when it comes to Futures Trading.

Futures Trading Levels

for 11-11-2022

#goldfutures #sp500futures #crudeoilfutures # nasdaqfutures #dowfutures #futurestrading #futuresbrokers

SP500 #ES_FNasdaq100  #NQ_FDow Jones  #YM_FMini Russell #RTY_FBitCoin Index #BRTI SP500 Dec. Gold #GC_F Dec. Silver #SI_F Oct. Crude Oil #CL-F Dec. Bonds  #ZB_F Dec. 10 yr  #ZN_F Dec. Corn #ZC_F Dec.  Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Oct. Nat Gas #NG_F Dec. Coffee #KC_F Dec. Cocoa #CC_F October Sugar #SB_F Dec. Cotton #CT_F Sept.  Euro Currency

Economic Reports, Source: 

Forexfactory.com

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.

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