Indices News & Information on Cannon Trading

Category Archives: Indices

A plural of indexes, indices is a term often used in the markets. There are different indexes or indices in the markets and these don’t always move up or down in coordination. Indexed moving in tandem would create redundancy meaning that we don’t need more than one of them.

The Dow and the S&P500 are two extremely noteworthy as well as popular indices. While a change in the Dow indicated that the expectations of the investors have changed with regard to the risks and earnings of large companies, the S&P500 features 500 of the most highly traded stocks in the U.S.

Each index is different from another and each one behaves differently. You won’t find any one index that has continued to look the same over the years. Moreover, every index depicts a different thing. You can gain a deeper understanding into the world of indices.

We at Cannon Trading help you by providing the latest information on indices and their market performance. You can read it all here under one archive tagged as Indices. Read and be informed.

Weekly Newsletter: LIVE Trade Alerts via Email + Futures Trading Levels for Jan. 8th

January 5th, 2024 Filed under Charts & Indicators, Commodity Brokers, Commodity Trading, Day Trading, E-Mini Futures, Future Trading News, Futures Broker, Futures Trading, Index Futures, Indices, Nasdaq, Trading Guide, Weekly Newsletter | Comment (0)

Cannon Futures Weekly Newsletter Issue # 1177

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In this issue:

Important Notices
Trading Alerts Via Email
Broker’s Trading System of the Week – Mini Nasdaq Day Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Important Notices
- - We are not seeing any Fed Speakers on the Calendar for next week, this could change.
  - Volatility should be a feature mid to late week
  - Wholesale trade (Wed), CPI (Thur), jobless claims(Thur), PPI (Fri) All@ 7:30 a.m. CST
  - Over 1 Trillion $$ in Market Cap report Q4 ’23 earnings on Friday the 15th.
  - Those reporting: JPM(Chase), UNH (United Healthcare), BAC (Bank of America), WFC (Wells Fargo), C (Citibank), BLK (BlackRock)
  - In the Ag sector, what is touted as “the biggest USDA data dump of the year, presenting the opportunity for the most market-moving surprises” by Arlan Suderman StoneX lead Ag analyst.
  - USDA Supply/Demand and Annual Crop production numbers to be released @11:00 a.m. CST

Real Time Email Alerts

Directly to your Phone!

You will receive an email each time there is an entry or exit in a simple language along with the current price for that specific market.
A licensed series 3 broker at your fingertips
Email alerts available to US and Canada and Int’l clients
Alerts available for: Stock Indices, Grains, Metals, Rates, Currencies, Meats & Softs
Open an account* and receive the Trade Alerts free for 3 months ($357 value)
See an example of a recent trade alert for Gold Futures in the image below

Start Now, Free Trial, No Obligation or credit Card Needed!

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.

CR7

PRODUCT

Mini NASDAQ 100

SYSTEM TYPE

Intraday

Recommended Cannon Trading Starting Capital

$20,000.00

COST

USD 50 / monthly

Get Started

Learn More

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.

Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary, confidential consultation with a Cannon Trading Company series 3 broker.

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Trading Levels for Next Week

Daily Levels for January 8th, 2024

Trading Reports for Next Week

click above for a LIVE demo, streaming prices

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

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.

Video on Projecting Levels, Christmas Modified Trading Schedule + Levels for 12.20.23

December 19th, 2023 Filed under Charts & Indicators, Commodity Brokers, Commodity Trading, Crude Oil, Day Trading, Energy Futures, Future Trading News, Index Futures, Indices | Comment (0)

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March is front month for stock indices and currency futures.

Symbol for March is H, so example ESH24

February is front month for crude oil.

Christmas Modified trading schedule below.

Video: Projecting possible targets when trading futures

Futures Trading Levels

12-20-2023

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

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker

1-800-454-9572 Explore trading methods. Register Here

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.

Quadruple Witching + Futures Trading Levels for Dec 15th

December 14th, 2023 Filed under Charts & Indicators, Commodity Brokers, Commodity Trading, E-Mini Futures, Future Trading News, Futures Trading, Index Futures, Indices, S&P 500 | Comment (0)

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Stock Index December contracts (i.e., E-mini and Micro S&P, Nasdaq, Dow Jones and Russell 2000.) expire Friday, December 15th (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. 15th, they will be offset with the cash settlement price, as set by the exchange.

FRONT MONTH IS NOW MARCH , the symbol is H24, example for mini SP is ESH24

Monday, December 18th is Last Trading Day for December currency futures. It is of the utmost importance for currency traders to exit all December futures contracts by Friday, December 15th 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.

US$ Daily Chart below:

Futures Trading Levels

12-15-2023

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

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker

1-800-454-9572 Explore trading methods. Register Here

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 Rate Decision Tomorrow +Futures Trading Levels 12.13.2023

December 12th, 2023 Filed under Charts & Indicators, Commodity Brokers, Commodity Trading, Day Trading, E-Mini Futures, Future Trading News, Futures Broker, Futures Exchange, Futures Trading, futures trading education, Index Futures, Indices, S&P 500, Trading Guide | Comment (0)

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

https://business.facebook.com/groups/1105191589938254/

Join our Private Facebook group

Subscribe to our YouTube Channel

March is front month for stock indices.

Symbol for March is H, so example ESH24

FOMC Rate decision tomorrow.

The following are my PERSONAL OPINION 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 4425.00 with a stop at 4419.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 4419.75 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.
Know what the market was expecting, learn what came out and observe market reaction for clues
The rate announcement comes out exactly at 1 PM central. As of this morning there is a 98% chance of no change in rates.

Traders will pay EXTRA attention to the language and the Q&A which starts at 1:30 PM Central

Be patient and be disciplined

If in doubt, stay out!!

Mini SP ( March contract) one possible outlook is below using the daily chart and QT Market Center platform.

Plan your trade and trade your plan.

Futures Trading Levels

12-13-2023

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

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker

1-800-454-9572 Explore trading methods. Register Here

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: Rollover Notice for Stock Index Futures + Futures Trading Levels for Dec. 11th

December 8th, 2023 Filed under Charts & Indicators, Commodity Brokers, Commodity Trading, Day Trading, E-Mini Futures, Future Trading News, Future Trading Platform, Futures Broker, Futures Exchange, Futures Trading, Index Futures, Indices, S&P 500, Trading Webinar, Trading Wheat Futures, Weekly Newsletter | Comment (0)