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Tag: Futures Trading Levels

Futures Trading Levels, Market Bounces Back

Posted on by Ilan

Stocks bounced just as quickly as they dropped the day before…..

15 Min chart of mini Russell from today for your review below:

15 minute Chart of the Mini Russell from July 19th 2011

15 minute Chart of the Mini Russell from July 19th 2011

Would you like to have access to my DIAMOND ALGO as shown above
and be able to apply for any market and any time frame? The screen shot above is of the Mini Russell from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, Market Bounces Back”

Futures Trading Levels, On Weak Markets

Posted on by Ilan

Markets are showing signs of weakness as I mentioned over past 10 days or so.

Below is a mini Russell daily chart with different levels for your review.

I think that Fridays high of 829.40 and 803.40 ( 61.8% Fibonacci level) will serve as the bands for now until we either get some acceleration of selling or exhaustion of selling and bounce.

Daily Chart of the Mini Russell from July 18th 2011

Daily Chart of the Mini Russell from July 14th 2011 Continue reading “Futures Trading Levels, On Weak Markets”

Futures Trading Levels, July Stock Options Expire Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

Hourly chart of the mini Dow from today’s session for your review below.

This is my preferred hourly chart template using sierra/ ATcharts along with my proprietary ALGO that I call DIAMONDS.

July Stock options will expire tomorrow on the close and that along with some early morning reports should provide for interesting volatility!

Hourly Chart of the Mini Dow Jones from July 14th 2011

Hourly Chart of the Mini Dow Jones from July 14th 2011

Would you like to have access to my DIAMOND ALGO as shown above and be able to apply for any market and any time frame? The screen shot above is of the Mini Dow from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, July Stock Options Expire Tomorrow”

Futures Trading Levels, Dow Jones Update Day 3

Posted on by Ilan

Cannon Trading / E-Futures.com

On Friday and yesterday I wrote the following below:

Friday: Looking at the Mini Dow Jones daily chart below, i will need to see a break below 12528 in order to get more confidence that the trend is starting to reverse and that odds prefer the down side.

Monday: Now that we broke this level, the next question is possible targets on the down side as well as protection on the top….Updated chart for your review below. I am looking at 126.05 as resistance above and 12374 as initial target below:

Today ( Tuesday, July 12th 2011)

With recent price action and looking at updated chart below, I would look for failed rallies against today’s high at 12516 and possible test of next target at 12267

Daily Chart of the Mini Dow Jones from July 12th 2011

Daily Chart of the Mini Dow Jones from July 12th 2011

Would you like to have access to my DIAMOND ALGO as shown above and be able to apply for any market and any time frame? The screen shot above is of the Mini Dow from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, Dow Jones Update Day 3”

Futures Trading Levels, Dow Jones Update

Posted on by Ilan

Cannon Trading / E-Futures.com

On Friday I wrote the paragraph below:

Looking at the Mini Dow Jones daily chart below, i will need to see a break below 12528 in order to get more confidence that the trend is starting to reverse and that odds prefer the down side.

Now that we broke this level, the next question is possible targets on the down side as well as protection on the top….

Updated chart for your review below. I am looking at 126.05 as resistance above and 12374 as initial target below:

Daily Chart of the Mini Dow Jones from July 11th 2011

Daily Chart of the Mini Dow Jones from July 11th 2011

Would you like to have access to my DIAMOND ALGO as shown above and be able to apply for any market and any time frame? The screen shot above is of the Mini Dow from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, Dow Jones Update”

Futures Trading Levels, Mini Dow Jones Affected by Bearish Job Data

Posted on by Ilan

Cannon Trading / E-Futures.com

Market sold off on bearish jobs data earlier this morning. We saw a good bounce in the last half of the trading session.

Looking at the Mini Dow Jones daily chart below, I will need to see a break below 12528 in order to get more confidence that the trend is starting to reverse and that odds prefer the down side.

Daily Chart of the Mini Dow Jones from July 8th 2011

Daily Chart of the Mini Dow Jones from July 8th 2011

Would you like to have access to my DIAMOND ALGO as shown aboveand be able to apply for any market and any time frame? The screen shot above is of the Mini Dow from today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading? Continue reading “Futures Trading Levels, Mini Dow Jones Affected by Bearish Job Data”

Futures Trading Levels, Watch for Monthly Unemployment Numbers Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

Would you like to have access to my DIAMOND ALGO as shown below and be able to apply for any market and any time frame? The screen shot below is of the Mini Russell from earlier today.

If so, please send me an email with the following information:

  1. Are you currently trading futures?
  2. Charting software you use?
  3. If you use sierra or ATcharts, please let me know the user name so I can enable you.
  4. Markets you currently trading?

Daily Chart of the Mini Russell from July 7th 2011

Daily Chart of the Mini Russell from July 7th 2011

Monthly Unemployment numbers tomorrow before the cash market open…..

Wild Ride

Continue reading “Futures Trading Levels, Watch for Monthly Unemployment Numbers Tomorrow”

Futures Trading Levels, Lower Volume After Weekend

Posted on by Ilan

Cannon Trading / E-Futures.com

Lower volume to resume trading after the fourth of July long weekend.

Summer season sometimes have different characteristics than other times of the year. Pay attention to reports and trading volume.

Daily chart of the mini Russell for your review below. I think if market can take out 833.00 we may see a deeper correction, otherwise the path of less resistance will continue to be to the upside.

Daily Mini Russell Chart from July 5, 2011

Daily Mini Russell Chart from July 5, 2011 Continue reading “Futures Trading Levels, Lower Volume After Weekend”

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.