Rollover Reminder for Index Traders as June Contracts Give Way to September - Support & Resistance Levels

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.

Rollover Reminder for Index Traders as June Contracts Give Way to September

Get Real Time updates and more by joining our Private Facebook Group!
Subscribe to our YouTube Channel
Listen to our Market Recap Podcasts on Apple Podcasts

 

 

For all of you index traders, you may have noticed the shrinking Open Interest and Volume in the June contracts. It’s that time when volume shifts to the next quarterly expiration contract. September! the symbol is U.

 

June volume will be drying up quickly, don’t get stuck next Friday morning with a June contract at the crack of dawn when the carousel stops.

I personally start trading the September, U contract this Monday but many traders will start switching as of today….just make sure your charts are aligned – meaning that both the DOM and the charts use the same symbol.

Watch video below on how to rollover if you are a stock index trader on our E-Futures Platform!

 

 

 

 

If you are a day trader, below you will see markets that our proprietary ALGO has identified as being more suitable for attacking either from the long side or the short side for the next trading session.

Questions? We are happy to help!

 

 

 

Daily Levels for June 14th, 2024

Economic Reports
provided by: ForexFactory.com
All times are Eastern Time ( New York)

Improve Your Trading Skills

Get access to proprietary indicators and trading methods, consult with an experienced broker at 1-800-454-9572.

Explore trading methods. Register Here

* 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.

Click to rate this post!
[Total: 0 Average: 0]
Posted in: Charts & Indicators   | Commodity Brokers   | Commodity Trading   | Day Trading   | E-Mini Futures   | Future Trading News   | Futures Trading   | Index Futures   | Indices   | Nasdaq   | S&P 500  

Trading Expertise As Featured In

Trading Tips You Can Use Right Away!


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
Loading
Loading

Loading

Partners

Loading
Loading

Loading