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

Seasonals in Futures Trading 12.20.2017

____________________________________________________________________

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

____________________________________________________________________

Dear Traders,

Christmas Holiday trading Schedule is now available! 

Trading Commodity Seasonal Patterns

Every calendar year there are different seasons. It is how we plan our lives. Weather is the first to come to mind, but there are holidays, sports, shopping and many more that help break up the monotony of our day to day patterns. The commodities market is no different. Just as you use a calendar to plan and differentiate Thanksgiving from Opening Day in baseball, you can use the same calendar to blueprint possibly when wheat futures will be high and copper prices low. Traders can use these seasonal patterns to their advantage because it allows a certain degree of predictability of future price movements, rather than being bombarded by an endless stream of often contradictory market noise. Now of course there are other factors too numerous to list that can affect the futures markets, but certain conditions and events reoccur at annual intervals and help traders anticipate where the market is headed.

Read the rest…..

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

12-20-2017

Contract March 2017  SP500 Nasdaq100 Dow Jones Mini Russell BitCoin Index
Resistance 3 2709.83 6603.58 25041 1572.30 20085.10
Resistance 2 2703.92 6574.67 24967 1564.60 19565.90
Resistance 1 2694.83 6537.58 24878 1553.20 18634.04
Pivot 2688.92 6508.67 24804 1545.50 18114.84
Support 1 2679.83 6471.58 24715 1534.10 17182.98
Support 2 2673.92 6442.67 24641 1526.40 16663.78
Support 3 2664.83 6405.58 24552 1515.00 15731.92
Contract Feb. Gold Mar. Silver Feb. Crude Oil Mar.  Bonds Mar.  Euro
Resistance 3 1274.8 16.42 58.29 155  5/32 1.2009
Resistance 2 1271.7 16.34 57.99 154 10/32 1.1967
Resistance 1 1268.5 16.26 57.79 153  1/32 1.1942
Pivot 1265.4 16.18 57.49 152  6/32 1.1901
Support 1 1262.2 16.09 57.29 150 29/32 1.1876
Support 2 1259.1 16.01 56.99 150  2/32 1.1834
Support 3 1255.9 15.93 56.79 148 25/32 1.1809
Contract Mar.  Corn Mar. Wheat January Beans Mar. SoyMeal Jan. Nat Gas
Resistance 3 350.6 427.3 969.42 322.17 2.84
Resistance 2 349.7 425.7 966.33 320.73 2.80
Resistance 1 348.6 422.6 961.17 317.97 2.76
Pivot 347.7 420.9 958.08 316.53 2.72
Support 1 346.6 417.8 952.9 313.8 2.7
Support 2 345.7 416.2 949.83 312.33 2.64
Support 3 344.6 413.1 944.67 309.57 2.60

Economic Reports, source: 

http://app.bettertrader.co

Economic Reports - Wednesday, December 20th

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.

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