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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
____________________________________________________________________
Big moves across the board this week. Metals had a small move to the downside yesterday and BIG move higher today.
Crude and natural gas big moves…
Financials been moving both up and down….
Notice a correlation between bitcoin and gold? Perhaps inverse correlation?
The bottom line is that the markets are moving. Even stock indices had a small downside move today for a change.
Make sure you are ready for a different type of trading environment with higher volatility.
We are here for you to bounce ideas off, feedback, questions and more!
+ 310 859 9572
Plan your trade, trade your plan!
Continue reading “Futures Markets are Moving!! & Support and Resistance Levels 1.25.2018”
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Today’s powerful move in the Natural gas market ( primarily in the front month, February) served as a good reminder that many of the physical commodities ( and some of the financial ones as well) have limit up and limit down moves. When a limit up/down move happens, trading halts for a certain amount of time or until there is a balance between sellers and buyers and we will be happy to share more and explain to you if interested via email or one on one conversation.
the short version of limit up move is: There are only buyers and no sellers at current price levels. The even shorter version is that this can be a very dangerous event to your financial, mental and emotional well being if you are on the wrong side…..
Daily chart of the Natural Gas market for your review below:
If you like to get a free trial of the indicators/ ALGOS I circled in the chart above, visit:
https://www.cannontrading.com/tools/intraday-futures-trading-signals
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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The XXIII Winter Olympics start in early February, but instead of signifying a moment of global unity, these Games may present a reminder of international tensions. The Games are being held in PyeongChang, South Korea, just miles away from the world’s biggest pariah nation whose nuclear program is currently the most obvious threat to international security. Ahead of the Games, North Korea has reopened direct contact with the South, and tensions have eased somewhat. But the two Koreas have gone through cycles of detente before, only to see the North go back to its antagonistic ways.
Despite the geopolitical uncertainties, the global economic environment is on an uptrend. Equity markets have reached Olympic heights
Futures Fundamentals online tutorial available for you to view and utilize INSTANTLY!
Make 2018 a great one!
Continue reading “Futures Fundamentals + Monthly Outlook 1.23.2018”
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Futures Fundamentals online tutorial available for you to view and utilize INSTANTLY!
Make 2018 a great one!
____________________________________________________________________
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
____________________________________________________________________
What a wild ride in the Bitcoin contract specifically and the cryptocurrencies in general.
Below you can see a 60 minutes chart on the XBT, the CBOE contract ( traded over 15,000 contracts today!!)
More on bitcoin futures:
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Today was the first time in quite a while I saw meaningful reversal in stock index markets. Time will tell if this was the first sign of correction or just another small dip and nothing else….
See mini Russell chart below ( the CME contract) and notice we made a new high and reversed to take out yesterdays lows and close lower then the open
and previous session lows. The action seems to be related to China downgrading the US credit ratings and perhaps sell off in CryptoCurrencies?
We need a bit more follow through to suggest more down side.
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Looking ahead to January 12th Crop Report
This Monday we observer Martin Luther King Holiday. Markets will have abbreviated trading hours or closed on Monday. Please check below and contact your broker with any questions.

Monthly Metals Update
Martin Luther King 2018 Holiday Schedule for CME / Globex and ICE Exchanges

*Dates and times are subject to change
If you have any questions, please call the CME Global Command Center at +1 800 438 8616, in Europe at +44 800 898 013 or in Asia at +65 6532 5010
Globex® Martin Luther King 2018 Holiday Schedule
More details at: http://www.cmegroup.com/tools-information/holiday-calendar.html
Continue reading “Martin Luther King 2018 Holiday Schedule for CME / Globex and ICE Exchanges”
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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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Looking ahead to January 12th Crop Report
Industry experts Dave Hightower, Founding Principal of The Hightower Report, and Dan Basse, President of AgResource Company, preview the January 12 USDA report discussing corn and soybean yields in advance of its publication.
http://www.cmegroup.com/education/usda-crop-reports.html
Make 2018 a great one!
Continue reading “USDA Report Preview & Support and Resistance Levels 1.11.2018”