Two markets stood out to start the week, both with a sharp, negative move.
Cocoa was down 12.5%! or the equivalent of -$10,000 if you were on the wrong side…..
Bitcoin futures also finished the day down 7.5% and now trading below the psychological 60,000 level.
Major reports for the week ahead below as well as tomorrow’s specific trading levels for major markets and detailed reports for June 25th.
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 25th, 2024
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* 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.