OPEC Meeting cause for Higher Volatility in the Futures Markets, Crude Oil Chart Review & Support and Resistance Levels 12.03.2021

Dear Futures Trader,

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OPEC meeting today took crude oil and products into even higher volatility.

In my opinion, many markets took que from crude oil price movement, especially stock index futures.
While this may be a temporary situation, you may want to watch crude oil prices even if you are trading only the mini SP or even grains for that matter….
Crude oil daily chart for your viewing pleasure….
DON’T FORGET we have monthly unemployment numbers tomorrow…NFP, non farm payroll.

Daily Crud Oil Chart 12.02.2021

Good Trading

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Futures Trading Levels

12-03-2021

Futures Support and Resistance Levels 12.03.2021


Economic Reports, source: 

https://bettertrader.co/ 

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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.

Futures Trading Levels, E-Mini SP500 and Crude Oil Charts

Cannon Trading / E-Futures.com

Thin week ahead as far as economic reports but I am sure the geopolitical situation will make up for it.

As far as day-trading is concerned, I like seeing volatility in stock index futures rising a bit.

Have a good, relaxing weekend and feel free to come and view my day-trading charts, live with real time buy and sell set ups for mini SP500, Crude Oil futures and Euro Currency by signing up for a free trial at:

https://www.cannontrading.com/tools/intraday-futures-trading-signals

When you join me, you will see charts like the screen shots from todays session below:

Daily E-Mini S&P 500 futures trading chart screenshot from today March 7th 2011

Stock futures trading chart levels Monday March 7th 2011

Crude Oil futures trading screen shot from today March 7th 2011

crude oil futures trading chart levels Monday March 7th 2011

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