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Tag: Bear Market

2 Important Updates: Bear Market Rally, June Canadian Dollar

Posted on by Cannon Operations

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Bear Market Rally?

June Canadian Dollar updates

bear market

A week of impactful earnings reports (2242 globally) as the Bear market rally continues,

by John Thorpe, Senior Broker

Please speak with your broker about ways that you may not be aware of to assist you with your risk management plans. They may surprise you with the creative solutions you may find more efficient than simple stop orders or the old “hand on the mouse blow yourself out” strategy.

Bear Market

Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely in this Bear Market.

Economists are expecting the first look at US 1Q 2025 GDP to show the economy grew +0.4% on quarter over quarter terms. The advanced 1Q 2025 chain weighted price index is expected up +3.0% and compares with the 4Q 2024 at +2.3%. The data will be released at 7:30 am CT Wednesday morning.

Bear Market Updates

Mini Dow’s range today? 482 points $value? = $2410.00 from hi to lo

Mini S & P’s range today? 75.75 points $ Value? = $3787.50 from hi to lo

Mini Nasdaq’s range today? 310.50 points $value? = $6210.00 from hi to lo

Tomorrow – Last trading Day of the month! President Trump may be speaking during market hours:

Econ Data:  Core PCE, ADP, GDP first look Q1, Chicago PMI , Pending home sales, EIA Energy stocks.

FED Speak: Blackout period

Earnings: Microsoft, Meta, Qualcomm, Caterpillar

Tariff news: Anything goes!

That’s a Bear Market for you!

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June Canadian Dollar

The June CAD established a bottom in February and recently activated upside PriceCounts off the lows. The chart is now taking aim at its first upside target in the .7320 area.
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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for April 30th, 2025
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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)
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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.
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Futures Trading Levels, It Is a Bear Market

Posted on by Ilan

Per my comments yesterday, we did see the market take the next leg after consolidating for a few days and it was a down leg….and again volume was significantly higher than we had during the bounce.

The trend is obviously down, but bear markets can also have powerful rallies, intraday and on daily chart basis. Separate the daily chart from your minute to minute trading action. Know what time frame you are trading and know your trading goals. If you are a swing trader then look at the daily chart AND hourly chart but don’t let the shorter time frame picture distort your longer term view. On the flip side, if you are a day trader who is using primarily 1 min chart or tick charts etc., understand what the daily and hourly picture looks like but make your trading decisions based on the time frame you are working with.

Daily chart for your review with some FIB extensions on the way down. 1206.75 is now the first MAJOR resistance, 1103 is the first defense before we visit the 1077 lows made August 9th

Daily Futures chart of the Mini S&P 500 from August 18th, 2011

Daily Futures chart of the Mini S&P 500 from August 18th, 2011

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. Continue reading “Futures Trading Levels, It Is a Bear Market”

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.