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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.

Dear Traders,

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Futures September-December Roll Over Notice:

Starting today MAKE sure to trade December Stock Indices, Currencies, Financials and other Markets as well.

Starting today traders will start trading the December contract rather than the September contract.
Symbol for Dec. is Z.
Example: ESZ21
The rollover period will be complete by next Friday when December Stock Indices contracts expire into cash, however currencies and financials are deliverable products!.
If you have any questions, please reach out to your broker here at Cannon and they can provide more insight.
I personally will switch once I see the December volume higher than the September volume.
Traders make sure to update your chart templates as well

Good Trading

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.

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 when it comes to Futures Trading.

Posted in: Future Trading News   | futures trading education   | Indices  

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