Open An Account
Free Demo Account Subscribe Here

Tag: Futures Trading Company

Trading Levels and Reports for June 29, 2012

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, Dollar Index
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 June 29, 2012

Hello Traders,

I am in and out of the office over the next few days, hence there will be no commentary or charts.

Be disciplined, be patient and trade well!

Continue reading “Trading Levels and Reports for June 29, 2012”

Trading Levels and Reports for June 28, 2012

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, Dollar Index
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 June 28, 2012

Hello Traders,

I am in and out of the office over the next few days, hence there will be no commentary or charts.

Be disciplined, be patient and trade well!

Continue reading “Trading Levels and Reports for June 28, 2012”

Cannon Trading: A Full Service Futures and Commodities Brokerage Firm

Posted on by Ilan

“If we break down below 1078, my guess is we will resume selling pressure”

Yesterday I wrote the following:

“On a different note, I got a blue diamond for tomorrow’s session which can mean potential up day if the futures market can break above 1083.00 or….continued decline if it fails to gain some upside momentum. Well the market broke 1083 overnight and continued as high as 1098 which is right above the nearest FIB level.”

What’s next one might ask? If we can hold 1078 then there is more upside potential, if we break down below 1078, my guess is we will resume selling pressure. Daily chart for review below:

EP - E- Mini S&P 500, Equal Active Daily Continuation
EP – E- Mini S&P 500, Equal Active Daily Continuation

Continue reading “Cannon Trading: A Full Service Futures and Commodities Brokerage Firm”

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.