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.
Memorial Day Holiday Schedule for CME / Globex and ICE Exchanges
All times listed as Central Time
Friday, May 24
4:15 P.M. – regular close
Russell Index contracts: 4:15 P.M. Central Time – early close
3:15 P.M. Central Time – early close
Regular close – per each product schedule
Note: Grain pre-opening between 2:30 P.M. – 4:00 P.M.
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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 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”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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!
Continue reading “Futures Trading Levels and Economic Reports for May 21, 2013”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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!
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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”
Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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 9, 2013
Hello Traders,
For 2013 I would like to wish all of you discipline and patience in your trading!
Not sure what to make out of the recent “mini rally” in stock index. Low volume or not, the bottom line is that prices are edging higher.
What I PERSONALLY don’t like, is the lack of volatility intraday and the tight ranges along with the feeling that the market is being “manipulated”. That being said, we all need to learn to trade different types of markets at different times and be able to take what the market gives us and not what we wish it would….
In between I am sharing a screen shot from the ONLY stock index future I had a successful set up in today…the Mini Russell: