Indices

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.


Why Use Tick & Volume Charts, Mini NQ Review and Support & Resistance Levels 2.23.2021

February 23rd, 2021 Filed under Day Trading, Index Futures, Indices | Comment (0)

_________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Why I like to use tick and volume charts for scalping
Today I decided to touch more on an educational feature rather than provide a certain market outlook.
Many of my clients and blog readers know that when it comes to short term trading I am a fan of using volume charts, tick charts, range bar charts and Renko charts rather than the traditional time charts like the 1 minutes, 5 minutes etc.
My rule of thumb is that if you as a trader make decisions based on charts that are less than 15 minutes time frame, it may be worth your time to research, back test and do some homework as to potentially using other type of charts like volume charts , Range charts etc.
Volume charts will draw a new bar once a user defined number of contracts traded. Example mini SP 10,000 volume chart will draw a new bar once 10,000 contracts traded.
Range bar charts will draw new charts once price action has exceeded a user pre define price or ticks range. Example might be an 18 ticks range bar chart on crude oil.
While the volume charts rely ONLY on volume, the range bar charts rely ONLY on price action.
Their main advantage over traditional time charts is twofold in my opinion:
1. If the market is moving fast, reports came out or there is heavy volume in the market, the traditional 5 minute chart will need 5 minutes to complete the next bar before it provides you with a signal…if you day traded futures before you will know what 5 minutes can do….The volume charts or range bar charts in this case will complete the bars MUCH faster because there is strong price action and strong volume and will be able to provide a signal faster than the time charts.
2. On the flip side, there are times when the market is dead…low volume, sideways, choppy action. If you are using the 3 minute chart and a moving avg. cross over, you may get a signal simple because time has passed and the moving averages crossed even though the market is pretty dead….If you are using a volume chart and the market is slow…it will take a while for the bars to complete and hence it may filter out some “noise” in the market.
Below is a 5,000 CVB ( constant volume Bar) of the NQ. If you like a free trial to the “turning points indicators” highlighted in the charts below or to discuss more in depth different charts and strategies, feel free to visit us!
Mini NQ Volume Bar Chart

Mini Nasdaq Futures Volume Bar Chart

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 when it comes to Futures Trading.

 

Futures Trading Levels

2-24-2021

Economic Reports, source: 

 www.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.


Weekly Dow Jones Futures Chart and Support and Resistance Levels 12.30.2020

December 29th, 2020 Filed under Indices | Comment (0)

_________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

_________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
Two more trading days left in 2020!!
Thank you for choosing Cannon during this challenging year. We look forward to continuing to provide you with excellent service in 2021 and wish you a healthy, successful year ahead!
New Years Holiday Futures Trading Schedule 2020 CME GLOBEX
Weekly Dow Jones Cash Index with possible upside target as well as support level below. Keep in mind this is a WEEKLY chart.
Dow Jones Futures Emini MICRO Futures

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 when it comes to Futures Trading.

 

Futures Trading Levels

12-30-2020

Futures Support & Resistance Levels 12.30.2020

Economic Reports, source: 

 www.BetterTrader.co

BetterTrader Futures Reports

 

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.


Rollover Notice for Stock Index Futures & Futures Levels 6.13.2019

June 12th, 2019 Filed under Commodity Brokers, Commodity Trading, Day Trading, Futures Broker, Futures Trading, futures trading education, Indices | Comment (0)

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

____________________________________________________________________

Dear Traders,

Like us on FaceBook!
Get Real Time updates and market alerts on Twitter!
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 September 2019 contract.
Starting June 13th, the September 2019 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the September 2019 contract as of June 13th.
Volume in the June 2019 contracts will begin to drop off until its expiration on Friday June 21st.
The month code for September is U19
In between, 30 min chart of the mini NASDAQ for your review below, on the short term, market can decline some more if we stay below the 7500 level.

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

06-13-2019

 


Economic Reports, source: 

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.


CME Raises Margins on Stock Indices 2.08.2018

February 7th, 2018 Filed under Future Trading News, Index Futures, Indices | Comment (0)

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on  TraderPlanet   for 2016!!

____________________________________________________________________

With the recent volatility the CME have raised some of the overnight margins for stock index futures.

Most of our clients enjoy $500 daytrading margins for the contracts below, depending on the platform and in rare cases market conditions. Few of the trading platforms will use % of overnight margins and/or  if you plan on holding positions more than intraday than note below:

ES was $5,555 –> now $6,105

NQ, $5,720 –> $6,380

YM, $4,620 –> $5,280

RTY, $3,245 –> $3,630

NKD, $4,565 –> $5,280

BE CAREFUL!! THESE ARE NOT “REGULAR OR NORMAL TIMES”

Plan your trade, trade your plan and ALWAYS try to asses the risk/ reward ratio you are about to trade.

Read the rest of this entry »


Futures Gold Breaks Recent Lows 11.18.2015

November 17th, 2015 Filed under Commodity Trading, Future Trading News, Indices | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday November 18, 2015

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

As I was about to write today’s blog, it hit me that i would like to know more from you, the reader what kind of topics you like to see in this blog?Take a minute or two and reply back with which of the following you like to see more of:

  • More about trading techniques?
  • Perhaps more charts/ analyzing the markets?
  • 3rd party resources?
  • Trading psychology?
  • Any other topic?
  • You like the blog mix as is….

On a different note, gold just broke recent lows, weekly chart for your review below with some possible levels to watch:

GCE - Gold (Globex), Weekly Continuation

GCE – Gold (Globex), Weekly Continuation

Read the rest of this entry »

Trading Tips You Can Use Right Away!


Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips
________
Doing Business With
See more...
Loading
Loading

Loading