Futures Trading Levels and Economic Reports for June 5, 2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday June 5, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Next few days can be quite volatile as we expect a slew of economic number tomorrow, Thursday and Friday. Starting with tomorrows ADP employment report which comes out very early.

Continue reading “Futures Trading Levels and Economic Reports for June 5, 2013”

Futures Trading Levels and Economic Reports for June 4, 2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday June 4, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Every so often something happens in the market that reinforces my personal belief that day-traders should use stops on each trade….I have traded before with clients and on behalf of clients where our thought was “lets see what the market does…..” WRONG!Yes, maybe 8 of 10 times, it turns out to be OK to “see what the market does” but the 1 or 2 times out of ten when all of a sudden, fed official is speaking, “fat finger accident” take place or just simply big volume, big move comes into the market and by the time we decide what to do we already took such a big loss is simply not worth it.

Futures Trading Levels and Economic Reports for May 31, 2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday May 31, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

While I mostly talk about short term trading in this blog, I wanted to bring to everyone’s attention that we do offer and assist clients with longer term trading as well as options on futures.

 

Continue reading “Futures Trading Levels and Economic Reports for May 31, 2013”

Memorial Day Futures Trading Schedule

Memorial Day Holiday Schedule for CME / Globex and ICE Exchanges

All times listed as Central Time

Friday, May 24

  • CME & CBOT Equity Products

4:15 P.M. – regular close

  • ICE Equity Products

Russell Index contracts: 4:15 P.M. Central Time – early close

  • CME & CBOT Interest Rate & FX Products

3:15 P.M. Central Time – early close

  • CBOTKCBT Grain & Agricultural Products

Regular close – per each product schedule

Note: Grain pre-opening between 2:30 P.M. – 4:00 P.M.

Continue reading “Memorial Day Futures Trading Schedule”

Futures Trading Levels and Economic Reports for May 23, 2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Thursday May 23, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

Today was the first meaningful bearish action in stock index futures in more than a few weeks…The big question is will this just be another opportunity to go long or is this the start of a reversal?
We need to follow and monitor price action and closing prices over the next few sessions before attempting to decide but here are the few factors that jumped at me today and make me think that maybe today’s price action is the start of a more meaningful correction:

Continue reading “Futures Trading Levels and Economic Reports for May 23, 2013”

Futures Trading Levels and Economic Reports for May 22, 2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Wednesday May 22, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

 

I was not able to generate the support/resistance levels today as I had to step away from the machine much earlier today.

 

If you like me to send you the updated trading levels first thing tomorrow morning, please reply to this email with:

Continue reading “Futures Trading Levels and Economic Reports for May 22, 2013”

Futures Trading Levels and Economic Reports for May 14, 2013

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday May 14, 2013

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

The last 10 days or so we have seen most sessions to behave like today: Narrow range, low volume, “manipulated market feeling”. Characteristics I personally DEFINITELY don’t like for day trading. But the bottom line the market is what the market is and as traders we need to understand the type of market we are in and adjust as quickly as possible.

Continue reading “Futures Trading Levels and Economic Reports for May 14, 2013”