Short Trading Week with High Volatility, Holiday Trading Hours & Support and Resistance Levels 12.22.2021 - 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.

Short Trading Week with High Volatility, Holiday Trading Hours & Support and Resistance Levels 12.22.2021

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Volatile markets in a short trading week as markets are CLOSED this Friday!
Energies numbers tomorrow at 7:30 AM Pacific time.
On a different note, bit more humorous….as we head into the holiday season and 2021!
The trader’s prayer
May I never be facing north when the markets headed south, and may locked limit always be on my side. 🤜🏼
May the money left on the table be someone else’s and may my pockets be deeper than the correction.
✋ May I always be 5 minutes ahead of the market, And may my order have a clear path to the pit (electronic exchange now days….).
✋ And if this one is a winner, I swear I quit!


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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.


Futures Trading Levels


Economic Reports, Source: 


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.

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  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
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