The Futures Trader's Destination for Over 25 Years

Open an Account
Call Us Free: 1-800-454-9572
Why Trade with Cannon?
  • USA
  • Canada
  • Mexico
  • United Kingdom
  • France
  • Italy
  • Spain
  • Germany
  • Australia
  • Netherlands
  • Romania
  • Belgium
  • Sweden
  • Czech Republic
  • Hungary
  • Switzerland
  • Austria
  • Portugal
  • Denmark
  • Greece
  • UAE
  • Israel
  • Jordan
  • Saudi Arabia
  • India
  • Argentina
  • Costa Rica
  • Peru
  • Chile
  • Brazil
  • China
  • Hong Kong
  • Japan
  • Russia
  • Thailand
  • South Korea
  • Taiwan
  • Philippines
  • Singapore
  • And Many More!
Countries We Accept Clients From | International Calls: 310-859-9572

Podcast – Interest rates and the markets 7.20.2017

____________________________________________________________

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

_____________________________________________________________

Could Fed Rate Hikes Trigger Flight to Quality?

  • 13 Jul 2017
  • By Erik Norland CME group
  • Topics: Economic Events

As interest rates in the United States go higher over the next two years, will it trigger a flight to quality into bonds on both sides of the Atlantic Ocean?

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

7-20-2017

Contract September 2017  SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2489.17 5967.17 21716 1464.17 94.97
Resistance 2 2480.33 5946.08 21655 1453.13 94.83
Resistance 1 2475.42 5931.17 21624 1447.37 94.72
Pivot 2466.58 5910.08 21563 1436.33 94.58
Support 1 2461.67 5895.17 21532 1430.57 94.48
Support 2 2452.83 5874.08 21471 1419.53 94.34
Support 3 2447.92 5859.17 21440 1413.77 94.23
Contract August Gold Sept. Silver Sept. Crude Oil Sept.  Bonds Sept.  Euro
Resistance 3 1253.2 16.59 48.89 154 17/32 1.1629
Resistance 2 1248.3 16.47 48.18 154 10/32 1.1612
Resistance 1 1244.8 16.37 47.75 154  4/32 1.1582
Pivot 1239.9 16.25 47.04 153 29/32 1.1564
Support 1 1236.4 16.15 46.61 153 23/32 1.1534
Support 2 1231.5 16.03 45.90 153 16/32 1.1517
Support 3 1228.0 15.93 45.47 153 10/32 1.1487
Contract Dec.  Corn Sept. Wheat November Beans Dec. SoyMeal Aug. Nat Gas
Resistance 3 411.0 517.0 1030.33 342.57 3.13
Resistance 2 406.8 513.0 1023.67 338.93 3.12
Resistance 1 401.5 508.0 1018.08 336.57 3.09
Pivot 397.3 504.0 1011.42 332.93 3.08
Support 1 392.0 499.0 1005.8 330.6 3.1
Support 2 387.8 495.0 999.17 326.93 3.04
Support 3 382.5 490.0 993.58 324.57 3.01

Economic Reports, source: 

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.

Tags: > Posted in: Future Trading News  

Download Cannon’s new eBook, “Futures Forthright” instantly.


Quick Tip: After registering you will be emailed login information, so be sure to use an email address you have access to. If you need assistance please call us at 1-800-454-9572, a professional broker will help you through the registration process.
________
Doing Business With
See more...
Loading
Loading

Loading