Support & Resistance Levels

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.

25 Proven Strategies for Trading Options 4.20.2016

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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 April 20, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

25 Proven Strategies for Trading Options

by CME Group

If you are currently trading options on futures or are interested in exploring them further, check out our newly updated trading guide, featuring 25 commonly used options strategies, including butterflies, straddles, strangles, backspreads and conversions. Each strategy includes an illustration demonstrating the effect of time decay on the total option premium involved in the position.

25 Proven Strategies for Trading Options

Options on futures rank among our most versatile risk management tools, and are offered on most of our products. Whether you trade options for purposes of hedging or speculating, you can limit your risk to the amount you paid up-front for the option while maintaining your exposure to beneficial price movements. To learn more about CME Group options, you can also visit our Options page.

Complete the simple form below and you will receive a link to download the 25 Proven Strategies brochure immediately.  This eBook is free to you and no-obligation.  Learn about the 25 Proven Strategies for trading options on CME Group Futures for FREE!  

Don’t wait… Download the eBook “25 Proven Strategies for Trading Options” NOW! 

Futures Support and Resistant Levels 4.19.2016

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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 Tuesday April 19, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

Not much to say after a long weekend.

Hopefully will have some words of wisdom to share tomorrow. ( the same applies for trading…no trade is better than a bad trade…)

Featured System of the Month ( including real-time performance): Axiom Index II WFO NQ Trading System

Heikin-Ashi Mini Russell 2000 Chart 4.14.2016

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 Thursday April 14, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

If you must play, decide on three things at the start: the rules of the game, the stakes, and the quitting time…Chinese Proverb 

So more clients have asked about ICE, the mini Russell and the 110 per month the exchange is now charging for data….To be honest, for most clients I don’t think it’s worth it to pay that fee when you have other markets that can be an alternative to the mini Russell.One of them is the mid-cap 400, EMD, which trades on the CME, is the same tick size and behaves similar to the mini Russell. Volume is still light but worth exploring.

Below you will see two charts, mini Russell 15 minutes charts from today and 15 minutes chart of the Mid-cap 400 from today.

If you need any feedback, have questions, feel free to reply to this email or call us at 800-454-9572

Heikin-Ashi Mini Russell 2000 Chart

Featured System of the Month ( including real-time performance): Axiom Index II WFO NQ Trading System

Continue reading “Heikin-Ashi Mini Russell 2000 Chart 4.14.2016”

Levels of Resistance on a Crude Oil & Mini S&P Daily Chart 4.13.2016

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 April 13, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

If you must play, decide on three things at the start: the rules of the game, the stakes, and the quitting time…Chinese Proverb

After a few days with very little reports (yet still some volatility in the markets) tomorrow we will have a few big reports including CPI, Beige Book and crude inventories.

Two charts below for your review: Daily Crude Oil chart, where we are heading into a few levels of resistance:

Helpful Tips to Trade on the E-Futures Platform 4.12.2016

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 Tuesday April 12, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

Making the most of your trading DOM with E-futures Int’l trading software:
Down below you will find helpful tips and setups I use when I trade on the E-Futures platform. In today’s e-mail, I share some tips that assist me in making the most of the trading DOM. I have used the platform for the past ten years and finds the platform to be the whole package for day traders, option traders, swing traders and all other traders in between.

The default Dom comes up like shown below:

E-Futures Platform

Continue reading “Helpful Tips to Trade on the E-Futures Platform 4.12.2016”

FOMC Minutes, ES & Gold 1 Minute Charts 4.06.2016

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 April 6, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

FOMC minutes tomorrow.

Below are 1 minute ES chart and 1 minute Gold chart for reference from the last FOMC minutes around the time of release:

ES Chart:

ES Chart

Continue reading “FOMC Minutes, ES & Gold 1 Minute Charts 4.06.2016”

Futures Contracts: Crude Oil, Coffee & US Bonds 1 Min Charts 4.01.2016

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 Friday April 1, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

Per my blog from yesterday about the last trading day of the month…I am including 3 charts, all are 1 minute charts for coffee, US bonds and crude oil futures….Take a look on what happened in the last 7-10 minutes….

Also tomorrow is monthly unemployment, please see quick paragraph below from our friends at TradeTheNews.com 

Trading Volume Picks up in Futures Markets 3.30.2016

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 March 30, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

Today was such a different day than yesterday….
Yesterday we had low volume, Europe off and very little movement.

Today Europe was back, Yellen was talking and we had some very strong moves and much better volume…

On a different note, ICE exchange is going to start charging $110 per month and in some cases more as monthly fee for their data!
We are here to provide ideas and solutions if you need help with this one.
Just pick up the phone and call 800 454 9572 or +310 859 9572 and we will be happy to help!

Here is the full notice:

Please review the following announcement from the ICE Exchange as it relates to your account: Effective April 1, 2016, data fees will be applied for all recipients of real time ICE Futures market data including subscribers receiving data from Independent Software Vendors (ISVs), Futures Commission Merchants (FCMs), Introducing Brokers (IBs) and/or Network Providers.

Continue reading “Trading Volume Picks up in Futures Markets 3.30.2016”