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.

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Futures Trading Levels and Economic Reports for May 24, 2013

Posted on by Ilan

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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 Friday May 24, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Memorial Day Holiday Schedule for CME / Globex and ICE Exchanges

All times listed as Central Time

Continue reading “Futures Trading Levels and Economic Reports for May 24, 2013”

Memorial Day Futures Trading Schedule

Posted on by Ilan

Memorial Day Holiday Schedule for CME / Globex and ICE Exchanges

All times listed as Central Time

Friday, May 24

  • CME & CBOT Equity Products

4:15 P.M. – regular close

  • ICE Equity Products

Russell Index contracts: 4:15 P.M. Central Time – early close

  • CME & CBOT Interest Rate & FX Products

3:15 P.M. Central Time – early close

  • CBOT, KCBT Grain & Agricultural Products

Regular close – per each product schedule

Note: Grain pre-opening between 2:30 P.M. – 4:00 P.M.

Continue reading “Memorial Day Futures Trading Schedule”

Futures Trading Levels and Economic Reports for May 23, 2013

Posted on by Ilan

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 May 23, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Today was the first meaningful bearish action in stock index futures in more than a few weeks…The big question is will this just be another opportunity to go long or is this the start of a reversal?
We need to follow and monitor price action and closing prices over the next few sessions before attempting to decide but here are the few factors that jumped at me today and make me think that maybe today’s price action is the start of a more meaningful correction:

Continue reading “Futures Trading Levels and Economic Reports for May 23, 2013”

Futures Trading Levels and Economic Reports for May 22, 2013

Posted on by Ilan

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 May 22, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

I was not able to generate the support/resistance levels today as I had to step away from the machine much earlier today.

 

If you like me to send you the updated trading levels first thing tomorrow morning, please reply to this email with:

Continue reading “Futures Trading Levels and Economic Reports for May 22, 2013”

Futures Trading Levels and Economic Reports for May 21, 2013

Posted on by Ilan

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 May 21, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Did you have a chance to leave a positive review for Cannon Trading on Google +?

Continue reading “Futures Trading Levels and Economic Reports for May 21, 2013”

Futures Trading Levels and Economic Reports for May 17, 2013

Posted on by Ilan

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 May 17, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

A few different ways to enter a trade…..A good client of mine told me that in the “out of trading world” he has always made his money by entering at the right price. Made me think about trading and the different ways one can enter a trade. Below is just a quick highlight/ food for thought and over the next few weeks I will expand and put up an article with chart examples:

Futures Trading Levels and Economic Reports for May 16, 2013

Posted on by Ilan

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 May 16, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

We saw good volume across different markets today including better volume in the SP 500 than we saw in a while.
The most meaningful move in my opinion was in silver and gold and a daily chart of the gold market is below for your review:

Continue reading “Futures Trading Levels and Economic Reports for May 16, 2013”

Futures Trading Levels and Economic Reports for May 15, 2013

Posted on by Ilan

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 May 15, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

Below is a daily chart of the mini Russell 2000 for review with potential extensions to the top side along with possible support lines.

Continue reading “Futures Trading Levels and Economic Reports for May 15, 2013”

Futures Trading Levels and Economic Reports for May 14, 2013

Posted on by Ilan

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 May 14, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

The last 10 days or so we have seen most sessions to behave like today: Narrow range, low volume, “manipulated market feeling”. Characteristics I personally DEFINITELY don’t like for day trading. But the bottom line the market is what the market is and as traders we need to understand the type of market we are in and adjust as quickly as possible.

Continue reading “Futures Trading Levels and Economic Reports for May 14, 2013”

Futures Trading Levels and Economic Reports for May 10, 2013

Posted on by Ilan

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 May 10, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Not much to write today but I could not believe this article…I guess each of us can make his/ hers own conclusions but to me this reads: ” something is not kosher”!

 

Continue reading “Futures Trading Levels and Economic Reports for May 10, 2013”

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.