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Rollover Notice for the Emini Futures 6.09.2016

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

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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 June 09, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog! 

“Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” -Sir John Templeton
Weekly chart of Dow Jones Cash below for your review.

Dow Jones Cash Weekly Chart

Rollover notice!!

Important notice: For those of you trading any stock index futures contracts, i.e., the E-mini S&P, E-mini NASDAQ, E-mini Dow Jones, the “Big” pit-traded S&P 500, etc., it is extremely important to remember that tomorrow, Thursday, June 9th, at 8:30 am CDT  Time is rollover day.

Starting June 9th, the September 2016 futures contracts will be the front month contracts. It is recommended that all new positions be placed in the September 2016 contract as of June 9th. Volume in the June 2016 contracts will begin to drop off until its expiration on Friday June 17th.

The month code for September is U6.

Traders with electronic trading software should make sure that defaults reflect the proper contract as of Thursday morning.

Please close any open March Currency positions BEFORE the close on Friday the 10th.

Should you have any further question please contact your broker.

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.

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!

Futures Trading Levels 

Contract June 2016 SP500 Nasdaq100 Dow Jones Mini Russell Dollar Index
Resistance 3 2135.75 4557.42 18145 1206.83 94.30
Resistance 2 2127.75 4543.83 18078 1198.57 94.09
Resistance 1 2122.50 4531.17 18036 1193.13 93.84
Pivot 2114.50 4517.58 17969 1184.87 93.63
Support 1 2109.25 4504.92 17927 1179.43 93.38
Support 2 2101.25 4491.33 17860 1171.17 93.17
Support 3 2096.00 4478.67 17818 1165.73 92.92
Contract Aug. Gold July Silver July Crude Oil Sept. Bonds June   Euro
Resistance 3 1294.7 18.04 52.94 167 30/32 1.1478
Resistance 2 1280.9 17.58 52.20 167 17/32 1.1445
Resistance 1 1273.0 17.31 51.81 167 8/32 1.1421
Pivot 1259.2 16.85 51.07 166 27/32 1.1389
Support 1 1251.3 16.59 50.68 166 18/32 1.1365
Support 2 1237.5 16.13 49.94 166 5/32 1.1332
Support 3 1229.6 15.86 49.55 165 28/32 1.1308
Contract July Corn July Wheat July Beans July SoyMeal July Nat Gas
Resistance 3 445.6 537.3 1225.25 441.93 2.54
Resistance 2 442.4 530.7 1207.25 432.97 2.52
Resistance 1 436.8 525.1 1192.50 425.03 2.49
Pivot 433.7 518.4 1174.50 416.07 2.47
Support 1 428.1 512.8 1159.8 408.1 2.4
Support 2 424.9 506.2 1141.75 399.17 2.42
Support 3 419.3 500.6 1127.00 391.23 2.40

Economic Reports

source:http://www.forexfactory.com/calendar.php

All times are Eastern time Zone (EST)

Date 4:10pm Currency Impact Detail Actual Forecast Previous Graph
ThuJun 9 1:30am EUR
French Final Non-Farm Payrolls q/q
0.2% 0.2%
2:00am EUR
German Trade Balance
21.4B 23.6B
3:00am EUR
ECB President Draghi Speaks
4:00am EUR
Italian Quarterly Unemployment Rate
11.6% 11.5%
4:30am GBP
Goods Trade Balance
-11.1B -11.2B
8:30am USD
Unemployment Claims
269K 267K
10:00am USD
Wholesale Inventories m/m
0.1% 0.1%
10:30am USD
Natural Gas Storage
80B 82B
1:01pm USD
30-y Bond Auction
2.62|2.2

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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