ROBOT Futures Trading 8.22.2017 - Cannon Trading

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.

ROBOT Futures Trading 8.22.2017

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Cannon Trading Company is excited to be one of the first firms to offer connectivity to the iSystems Automated Trading System Platform.

The platform allows clients to browse 100s of automated trading systems – with the ability to view overall performance, monthly profit/loss, trade logs, and all the relevant risk/reward statistics.

Clients can then subscribe to systems they like, and activate the systems for live trading in their account – choosing how many contracts to trade; whether to get in line with the algorithm or wait until the next signal, and then monitor all of the activity in real time on the website with the ability to start and stop systems at any time they choose.

Trading systems can remove the emotions and provide consistency to your trading, while most have the profile of risking a small amount on each trade while looking to make several times that amount.

How Does It Work? 

  1. Browse Systems by Name, Market, Annual Return, and Required Investment
  2. View Specific System’s Equity Curve, Risk & Reward Ratios, Monthly Profit/Loss, Trade Logs, Worst Loss and more…
  3. Lease the Rights to Different Systems with Easy-ClickSubscribePaid From Your Trading Account
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Start exploring now or contact us with ANY questions!

Read full disclaimer about iSystems and futures trading here.

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

8-22-2017

Contract September 2017  SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2450.00 5885.25 21888 1373.47 93.96
Resistance 2 2440.75 5851.00 21804 1367.23 93.73
Resistance 1 2434.25 5820.75 21747 1361.37 93.38
Pivot 2425.00 5786.50 21663 1355.13 93.15
Support 1 2418.50 5756.25 21606 1349.27 92.81
Support 2 2409.25 5722.00 21522 1343.03 92.58
Support 3 2402.75 5691.75 21465 1337.17 92.23
Contract December Gold Sept. Silver Oct. Crude Oil Sept.  Bonds Sept.  Euro
Resistance 3 1316.1 17.42 50.28 156 29/32 1.1962
Resistance 2 1307.9 17.27 49.60 156 19/32 1.1904
Resistance 1 1302.6 17.13 48.58 156 12/32 1.1865
Pivot 1294.4 16.98 47.90 156  2/32 1.1806
Support 1 1289.1 16.84 46.88 155 27/32 1.1767
Support 2 1280.9 16.69 46.20 155 17/32 1.1709
Support 3 1275.6 16.55 45.18 155 10/32 1.1670
Contract Dec.  Corn Dec. Wheat November Beans Dec. SoyMeal Sept. Nat Gas
Resistance 3 368.1 446.9 946.67 302.87 3.12
Resistance 2 366.2 444.3 942.58 301.53 3.05
Resistance 1 364.6 440.7 939.42 300.27 3.01
Pivot 362.7 438.1 935.33 298.93 2.94
Support 1 361.1 434.4 932.2 297.7 2.9
Support 2 359.2 431.8 928.08 296.33 2.83
Support 3 357.6 428.2 924.92 295.07 2.78

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports, Tuesday August 22nd

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  

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Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips
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