Have a great weekend!
GOOD TRADING!
TRADING LEVELS
Continue reading “Futures Trading Levels for November 8th, 2010”
- Bitcoin Futures (114)
- Charts & Indicators (310)
- Commodity Brokers (595)
- commodity futures (1)
- Commodity Trading (851)
- copper futures contract (3)
- Corn Futures (65)
- Crude Oil (243)
- Currency Futures (103)
- Day Trading (662)
- Day Trading Webinar (61)
- E-Mini Futures (165)
- Economic Trading (166)
- Energy Futures (130)
- Financial Futures (187)
- Future Trading News (3,199)
- Future Trading Platform (327)
- Futures Broker (666)
- Futures Exchange (347)
- Futures trade copier (1)
- Futures Trading (1,273)
- futures trading education (446)
- Gold Futures (114)
- Grain Futures (103)
- Index Futures (271)
- Indices (233)
- Metal Futures (146)
- Nasdaq (79)
- Natural Gas (40)
- Options Trading (193)
- S&P 500 (146)
- trading futures (4)
- Trading Guide (447)
- Trading Webinar (60)
- Trading Wheat Futures (46)
- tradingview trading platform (1)
- Uncategorized (26)
- Weekly Newsletter (232)
Tag: day trading
Volatile Moves Expected Following Election Results from Futures Trading Market on November 3rd 2010
A BIG 24 hours lay ahead….I suspect some volatility to hit the night markets as election results come out and then we jump right into FOMC tomorrow.
FOMC tomrrow around 2:15 Eastern time.
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’re 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 sharp volatile moves right during and after the announcement.
I am including a five-minutes chart from Sept. 21st of this year, which was the last FOMC we had for your reference.
Weekly Futures Trading Newsletter and Daily Levels for October 21st 2010
Our Weekly Newsletter is Now Available for Your Review at:
*************************************************************************
https://www.cannontrading.com/community/newsletter/
************************************************************************* Continue reading “Weekly Futures Trading Newsletter and Daily Levels for October 21st 2010”
Daily Support & Resistance and Economic Data to be Released, October 13th 2010
| Daily Support & Résistance Levels | Mini-S&P 500 Futures Dec. 10 |
Mini-Nasdaq 100 Futures Dec. 10 |
Mini-Dow Futures Dec. 10 |
Mini Russell 2000 Futures Dec.10 |
30-year US Bond Futures Dec. 10 |
10-Year US Note Futures Dec. 10 |
|---|---|---|---|---|---|---|
| Support 3 | 1151.00 | 2009.00 | 10843 | 681.70 | 13117 | 12528 |
| Support 2 | 1156.50 | 2020.00 | 10891 | 686.10 | 13209 | 12616 |
| Support 1 | 1162.75 | 2032.00 | 10946 | 691.00 | 13300 | 12626 |
| Resistance 1 | 1174.75 | 2058.75 | 11044 | 700.30 | 13314 | 12703 |
| Resistance 2 | 1181.50 | 2063.00 | 11115 | 706.60 | 13403 | 12707.5 |
| Resistance 3 | 1188.25 | 2083.00 | 11139 | 719.70 | 13412 | 12711 |
| Daily Support & Resistance Levels |
Gold Futures Dec.2010 |
Silver Futures Dec. 2010 |
Copper Futures Dec. 2010 |
Crude Oil Futures Nov. 2010 |
Euro Curr. Dec. 2010 |
Dollar Index Dec. 2010 |
| Support 3 | 1339.0 | 22.85 | 3.750 | 80.88 | 1.3768 | .7629 |
| Support 2 | 1348.0 | 23.16 | 3.771 | 81.69 | 1.3857 | .7705 |
| Support 1 | 1353.0 | 23.34 | 3.795 | 82.47 | 1.3912 | .7717 |
| Resistance 1 | 1366.0 | 23.68 | 3.841 | 82.99 | 1.4001 | .7754 |
| Resistance 2 | 1375.0 | 23.81 | 3.860 | 83.50 | 1.4026 | .7766 |
| Resistance 3 | 1391.0 | 24.09 | 3.880 | 84.43 | 1.4113 | .7778 |
Updated: 13-Oct-10 08:32 ET
This Week’s Calendar
Click on a “Release” for Insight
| Date | ET | Release | For | Actual Briefing.com | Consensus | Prior | Revised From |
|---|---|---|---|---|---|---|---|
| Oct 13 | 07:00 | MBA Mortgage Applications | 10/08 | NA | NA | -0.2% | |
| Oct 13 | 08:30 | Export Prices ex-ag. | Sep | NA | NA | 0.5% | |
| Oct 13 | 08:30 | Import Prices ex-oil | Sep | NA | NA | 0.3% | |
| Oct 13 | 14:00 | Treasury Budget | Sep | -$32.0B | -$33.5B | -$46.6B | |
| Oct 14 | 8:30 | Initial Claims | 10/09 | 450K | 450K | 445K | |
| Oct 14 | 8:30 | Continuing Claims | 10/02 | 4450K | 4450K | 4462K | |
| Oct 14 | 08:30 | PPI | Sep | 0.1% | 0.2% | 0.4% | |
| Oct 14 | 08:30 | Core PPI | Sep | 0.1% | 0.1% | 0.1% | |
| Oct 14 | 08:30 | Trade Balance | Aug | -$40.0B | -$44.5B | -$42.8B | |
| Oct 14 | 11:00 | Crude Inventories | 10/09 | NA | NA | 3.09M | |
| Oct 15 | 08:30 | CPI | Sep | 0.1% | 0.2% | 0.3% | |
| Oct 15 | 08:30 | Core CPI | Sep | 0.1% | 0.1% | 0.1% | |
| Oct 15 | 08:30 | Retail Sales | Sep | 0.2% | 0.4% | 0.4% | |
| Oct 15 | 08:30 | Retail Sales ex-auto | Sep | 0.1% | 0.4% | 0.6% | |
| Oct 15 | 08:30 | NY Fed – Empire Manufacturing Survey | Oct | 3.0 | 5.75 | 4.10 | |
| Oct 15 | 09:55 | Mich Sentiment | Oct | 67.0 | 68.5 | 68.2 | |
| Oct 15 | 10:00 | Business Inventories | Aug | 0.4% | 0.5% | 1.0% |
- MBA Purchase Applications
7:00 AM ET - Import and Export Prices
8:30 AM ET - 4-Week Bill Auction
11:30 AM ET - 10-Yr Note Auction
1:00 PM ET - Treasury Budget
2:00 PM ET - Ben Bernanke Speaks
4:10 PM ET - Jeffrey Lacker Speaks
6:45 PM ET
SEE FULL LIST HERE
13. OCT. 2010 Today´s Highlighted Splits
| SYMBOL | COMPANY | EVENT TITLE | EPS ESTIMATE | EPS ACTUAL | PREV. YEAR ACTIVITY | DATE/TIME (ET) |
|---|---|---|---|---|---|---|
| HST | Host Hotels & Resorts Inc. | Q3 2010 Host Hotels & Resorts Inc. Earnings Release | $ 0.11 | n/a | $ 0.11 | 13-Oct BMO |
| JPM | JPMorgan Chase & Co. | Q3 2010 JPMorgan Chase & Co. Earnings Release | $ 0.90 | n/a | $ 0.82 | 13-Oct 7:00 AM |
| APOL | Apollo Group | Q4 2010 Apollo Group Earnings Release | $ 1.30 | n/a | $ 1.06 | 13-Oct AMC |
| ACGY | Acergy S.A. | Q3 2010 Acergy S.A. Earnings Release | $ 0.28 | n/a | $ 0.29 | 13-Oct |
| MTOX | MEDTOX Scientific, Inc. | Q3 2010 MEDTOX Scientific, Inc. Earnings Release | $ 0.13 | n/a | $ 0.09 | 13-Oct 6:00 AM |
| TESS | TESSCO | Q2 2011 TESSCO Earnings Release | $ 0.44 | n/a | $ 0.51 | 13-Oct AMC |
Continue reading “Daily Support & Resistance and Economic Data to be Released, October 13th 2010”
Daily Support & Resistance and Economic Data to be Released, October 12th 2010
| Daily Support & Résistance Levels | Mini-S&P 500 Futures Dec. 10 |
Mini-Nasdaq 100 Futures Dec. 10 |
Mini-Dow Futures Dec. 10 |
Mini Russell 2000 Futures Dec.10 |
30-year US Bond Futures Dec. 10 |
10-Year US Note Futures Dec. 10 |
|---|---|---|---|---|---|---|
| Support 3 | 1146.00 | 1989.00 | 10770 | 675.90 | 13209 | 12607 |
| Support 2 | 1150.50 | 2006.00 | 10851 | 680.00 | 13300 | 12625 |
| Support 1 | 1155.50 | 2016.50 | 10897 | 684.00 | 13326 | 12703 |
| Resistance 1 | 1165.00 | 2035.00 | 10984 | 696.90 | 13519 | 12722 |
| Resistance 2 | 1171.25 | 2051.00 | 11010 | 701.60 | 13612 | 12727.5 |
| Resistance 3 | 1174.75 | 2063.00 | 11115 | 707.40 | 12627 | 12810.5 |
| Daily Support & Resistance Levels |
Gold Futures Dec.2010 |
Silver Futures Dec. 2010 |
Copper Futures Dec. 2010 |
Crude Oil Futures Nov. 2010 |
Euro Curr. Dec. 2010 |
Dollar Index Dec. 2010 |
| Support 3 | 1308.5 | 22.35 | 3.720 | 80.30 | 1.3667 | .7705 |
| Support 2 | 1326.0 | 22.86 | 3.750 | 80.88 | 1.3740 | .7748 |
| Support 1 | 1341.0 | 22.96 | 3.780 | 81.55 | 1.3767 | .7773 |
| Resistance 1 | 1356.0 | 23.31 | 3.800 | 82.48 | 1.3831 | .7799 |
| Resistance 2 | 1366.0 | 23.40 | 3.822 | 83.50 | 1.3864 | .7817 |
| Resistance 3 | 1375.0 | 23.67 | 3.867 | 84.43 | 1.3924 | .7878 |
Updated: 12-Oct-10 7:59 ET
This Week’s Calendar
Click on a “Release” for Insight
| Date | ET | Release | For | Actual Briefing.com | Consensus | Prior | Revised From |
|---|---|---|---|---|---|---|---|
| Oct 12 | 14:00 | Minutes of FOMC Meeting | 9/21 | ||||
| Oct 13 | 07:00 | MBA Mortgage Applications | 10/08 | NA | NA | -0.2% | |
| Oct 13 | 08:30 | Export Prices ex-ag. | Sep | NA | NA | 0.5% | |
| Oct 13 | 08:30 | Import Prices ex-oil | Sep | NA | NA | 0.3% | |
| Oct 13 | 10:30 | Crude Inventories | 10/09 | NA | NA | 3.09M | |
| Oct 13 | 14:00 | Treasury Budget | Sep | -$32.0B | -$33.5B | -$46.6B | |
| Oct 14 | 08:30 | Initial Claims | 10/09 | 450K | 450K | 445K | |
| Oct 14 | 08:30 | Continuing Claims | 10/02 | 4450K | 4450K | 4462K | |
| Oct 14 | 08:30 | PPI | Sep | 0.1% | 0.2% | 0.4% | |
| Oct 14 | 08:30 | Core PPI | Sep | 0.1% | 0.1% | 0.1% | |
| Oct 14 | 08:30 | Trade Balance | Aug | -$40.0B | -$44.5B | -$42.8B | |
| Oct 15 | 08:30 | CPI | Sep | 0.1% | 0.2% | 0.3% | |
| Oct 15 | 08:30 | Core CPI | Sep | 0.1% | 0.1% | 0.1% | |
| Oct 15 | 08:30 | Retail Sales | Sep | 0.2% | 0.4% | 0.4% | |
| Oct 15 | 08:30 | Retail Sales ex-auto | Sep | 0.1% | 0.4% | 0.6% | |
| Oct 15 | 08:30 | NY Fed – Empire Manufacturing Survey | Oct | 3.0% | 5.75 | 4.10 | |
| Oct 15 | 09:55 | Mich Sentiment | Oct | 67.0 | 68.5 | 68.2 | |
| Oct 15 | 10:00 | Business Inventories | Aug | 0.4% | 0.5% | 1.0% |
- NFIB Small Business Optimism Index
7:30 AM ET - ICSC-Goldman Store Sales
7:45 AM ET - Redbook
8:55 AM ET - 4-Week Bill Announcement
11:00 AM ET - 3-Month Bill Auction
11:30 AM ET - 6-Month Bill Auction
11:30 AM ET - Thomas Hoenig Speaks
11:45 AM ET - 3-Yr Note Auction
1:00 PM ET - FOMC Minutes
2:00 PM ET - SEE FULL LIST HERE
12. OCT. 2010 – Today´s Highlighted Splits
| SYMBOL | COMPANY | EVENT TITLE | EPS ESTIMATE | EPS ACTUAL | PREV. YEAR ACTIVITY | DATE/TIME (ET) |
|---|---|---|---|---|---|---|
| INTC | Intel Corporation | Q3 2010 Intel Corporation Earnings Release | $ 0.50 | n/a | $ 0.33 | 12-Oct |
| CSX | CSX Corporation | Q3 2010 CSX Corporation Earnings Release | $ 1.04 | n/a | $ 0.74 | 12-Oct AMC |
| FAST | Fastenal | Q3 2010 Fastenal Earnings Release & September 2010 Sales Release | $ 0.50 | n/a | $ 0.32 | 12-Oct BMO |
| VOXX | Audiovox Corporation | Q2 2011 Audiovox Corporation Earnings Release | $ 0.00 | n/a | $ 0.04 | 12-Oct AMC |
| DIET | eDiets.com, Inc. | Preliminary Q3 2010 eDiets.com, Inc. Earnings Release | n/a | n/a | n/a | 12-Oct BMO |
| AIP.L | AIR PARTNER | Preliminary 2010 AIR PARTNER Earnings Release | n/a | n/a | n/a | 12-Oct BMO |
Continue reading “Daily Support & Resistance and Economic Data to be Released, October 12th 2010”
FOMC to Provide Futures Trading Market with Direction, September 21st, 2010
FOMC tomorrow around 2:15 Eastern time. Even before that we will start the day with some important housing numbers. 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. I am including 5 minutes chart from August 10th of this year, which was the last FOMC we had for your reference. Continue reading “FOMC to Provide Futures Trading Market with Direction, September 21st, 2010”
Quadruple Witching to Provide S&P 500 with Clues, September 17th 2010
Same comments from yesterday and the day before still hold true….main difference is the tomorrow is quadruple witching day so I am hopeful that we finally break out one way or the other……
Well by now this is the 3rd or 4th time we are knocking on 1122.75…..that means one out of two (in my opinion): Tomorrow morning reports help this market break this level and start another leg up towards 1157.00
OR…..
Market fails one more time against this level, fills the gap below ( 1105.75) before giving us some additional clues.
I would love to have the “correct answer” to give you but only time and price action will tell….
Continue reading “Quadruple Witching to Provide S&P 500 with Clues, September 17th 2010”
The Return of Traders Should Make for Better Market Rhythm, September 8th, 2010
“An Odd Rhythm Today After the Long Weekend”
Market had some what of an odd rhythm today after the long weekend. We saw big moves in both currencies and bonds. I think that we should see clearer picture tomorrow as more traders will be back after Labor day + we have a few economic reports while today we did not have any reports.
Some levels to watch for tomorrows action from the hourly chart below.
Continue reading “The Return of Traders Should Make for Better Market Rhythm, September 8th, 2010”
Will Stock Index Futures Upside Momentum Continue?
“We are Trading Right Against a Major Retracement Level at 1106.50”
I mentioned a couple of days ago that this morning report will determine if we can reach the 1100’s on the SP. Well the answer turned out to be YES. As always in the futures business the current question of what’s next is more important than the previous one….
Well we are trading right against a major retracement level at 1106.50.
As long as pull backs do NOT break 1093, my bias is to the upside. Tuesday should be interesting as we should get an indication if the upside momentum has more legs or not.
Until then, enjoy the long weekend, recharge. Keep in mind the regular session is closed Monday but there is a night session Sunday night and Monday night. More info below.
Holiday schedule at:
*********************************************
https://www.cannontrading.com/community/newsletter/
*********************************************
Continue reading “Will Stock Index Futures Upside Momentum Continue?”
Strong Start for Online Futures Trading, Day Trading Webinar and Levels for August 26th 2010
“Day Trading Webinar and Levels”
Below is a screen shot from today’s “Live Chart” service I provide. If you are interested in 2 weeks free trail,
please visit: https://www.cannontrading.com/tools/intraday-futures-trading-signals
Continue reading “Strong Start for Online Futures Trading, Day Trading Webinar and Levels for August 26th 2010”
- May 2026
- April 2026
- March 2026
- February 2026
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010