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Tag: Commodity Futures Broker

Friday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1414.251408.75

 

1401.5

 

1390.75

 

1384.25

 

1378.5

 27922763

 

2742

 

2708

 

2693

 

2680

 1318913070

 

13017

 

13093

 

13038

 

12990

 823.7815.30

 

814.70

 

810.4

 

805.3

 

800.80

 1432614316

 

14304

 

14211

 

14201

 

14103

 13217 (all time high)13210.5

13205.5

 

13200

 

13127.5

 

13122.5

Continue reading “Friday Morning Support and Resistance Numbers”

Crude Oil Futures Market Opportunities | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday April 27, 2012

 

Hello Traders,

I spend a lot of time talking about stock index futures like mini SP, mini Russell etc.

However there more than a few other markets that have enough volume and volatility to attract daytraders. One of them is Crude oil.

I personally like Crude Oil futures because the “punishment or fulfillment” are pretty fast…and by that i mean that Crude Oil prices are volatile enough most of the times, that day-traders get stopped out with losses or exit with profits much quicker than other markets….Now if you are one of these daytraders who does not believe in stops…Crude Oil futures is not for you.

Each point on Crude Oil futures is $10, so a full $1 move or 100 cents is $1000 against you or in your favor.

We also have the mini Crude which is half the size.


If you have not traded crude before I recommend following it in demo mode, simulating some trades in demo mode before attempting to trade it live. As I said before, this is a volatile market which can work against you pretty fast if you are not disciplined.

Below you will see my daily chart of crude oil futures where I think we may head lower unless we break above 105.50 ( That is $105.50 per barrel)

Friday is statistically better for SHORTS….

Below the daily chart of crude oil you will see an INTRA DAY chart from todays sessions, where you can get a feel for the market behavior.

Daily chart of June Crude Oil Futures:,

562

 

Intra day chart of Crude oil futures from today, April 26th 2012

1335471444446

Continue reading “Crude Oil Futures Market Opportunities | Support and Resistance Levels”

Thursday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1397.751394

 

1387.5

 

1377.75

 

1373

 

1368.75

 27282708

 

2688.5

 

2691

 

2680

 

2659

 1318913070

 

13017

 

12975

 

12918

 

12866

 823.7815.30

 

814.70

 

806.50

 

802.10

 

798.20

 1432614316

 

14304

 

14213

 

14206

 

13124

 1321713210.5

 

13204.5

 

13128.5

 

13124.5

 

13117.5

Continue reading “Thursday Morning Support and Resistance Numbers”

FOMC Report and Market Rally | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Thursday April 26, 2012

 

Hello Traders,

FOMC came and market continues to rally based on AAPL  (Apple) earnings yesterday…

I shared a good hourly chart of the mini NASDAQ yesterday right before the close with a buy signal that turned out to be a good one….Here is an updated mini NASDAQ 100 hourly chart, with potential targets as well as possible pull backs along with two sell signals that were NOT confirmed by price action
(break below or above dashes):,

kL1V0LBl74cAAAAASUVORK5CYII=

 

Continue reading “FOMC Report and Market Rally | Support and Resistance Levels”

FOMC Meeting Tomorrow April 25 2012 | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Wednesday April 25, 2012

 

Hello Traders,

Be ready for the un expected.

FOMC meeting tomorrow. Statement will be released around 12:30 PM EST 

FOMC days have different characteristics than other trading days. If you have traded for a while, check your trading notes from past FOMC days that may help you prepare for tomorrow.

if you are a newcomer, take a more conservative approach and make sure you understand that the news can really move the market.

My observations suggest choppy, low volume up until announcement, followed by some some sharp volatile moves right during and after the announcement. However, with tomorrow early morning reports and recent volatility, we may see wild action through out.

One advice everyone can benefit from is, reduce your trading size in proportion  to the increase in volatility. This should help your comfort level while in the day-trade.
 Hourly chart of mini NASDAQ 100 for your review below:

Continue reading “FOMC Meeting Tomorrow April 25 2012 | Support and Resistance Levels”

Tuesday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1376.251372

 

1367.75

 

1359.25

 

1354

 

1351.5

 27012680

 

2668

 

2641

 

2625

 

2575

 1307012961

 

12928

 

12837

 

12809

 

12748

 802.10798.20

 

794.3

 

781.7

 

780

 

772.2

 1441414326

 

14316

 

14114

 

14017

 

13924

 13218.513211

 

13205.5

 

13109.5

 

13027

 

13014.5

Continue reading “Tuesday Morning Support and Resistance Numbers”

Strong Sell Off to Start the Week | Support and Resistance Levels

Posted on by Ilan

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Tuesday April 24, 2012

 

Hello Traders,

Strong sell off to start the week. We have two day FOMC meeting with announcement coming Wednesday Morning.

Hourly chart of the mini SP with potential extensions both for a bounce up or continued move down below for your information:

wN6AmyFYoIzdgAAAABJRU5ErkJggg==

Continue reading “Strong Sell Off to Start the Week | Support and Resistance Levels”

Monday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 —————————————— Resistance Level 2 ——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1378.51374.75

 

1371.25

 

1359.25

 

1351.5

 

1335.75

 27012680

 

2668

 

2699

 

2681

 

2672

 1297612926

 

12898

 

12837

 

12809

 

12748

 804.7801.6

 

798.50

 

787.6

 

780

 

772.2

 1441414326

 

14316

 

14110

 

14014

 

13922

 13218.513211

 

13205.5

 

13109

 

13027

 

13014.5

Continue reading “Monday Morning Support and Resistance Numbers”

Reading for the Weekend | Support and Resistance Levels

Posted on by Ilan

 

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Monday April 23, 2012

 

Hello Traders,

Good reading material for the weekend on our

have a great weekend! Continue reading “Reading for the Weekend | Support and Resistance Levels”

New Chart Format | Support and Resistance Levels

Posted on by Ilan

 

Jump to a section in this post:
1. Market Commentary
2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Economic Reports for Friday April 19, 2012

 

Hello Traders,

I have incorporated new chart format into the daily live charts service I hold. Below is a screen shot from what I consider a great day ( mini Russell chart from the second half of todays session).  Before I get too excited I must see how the bad days look like because I know every method/ system/ concept have good and bad days.

I will keep you posted and in between if you like to see what my live charts screen sharing is all about, you can register for a free trial here.

Continue reading “New Chart Format | Support and Resistance Levels”

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.