Open An Account
Free Demo Account Subscribe Here

Tag: Futures Trading Online

Trading Levels & Economic Reports for 06-05 with Renko chart for Mini S&P

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 Tuesday June 5, 2012

Hello Traders,

Heads up traders! Front month for bonds, ten years and other financials is now September.

Front month for gold is August.

June is still front month for indices and currencies.

Below is a screen shot of the Mini Sp 500 chart I shared during today’s session with clients and prospects during our live trading signals session

Renko mini S&P chart for your review below:

Renko Mini S&P 500 chart

Would you like to have access to my DIAMOND and TOPAZ ALGOs as shown above and be able to apply for any market and any time frame on your own PC ? You can now have a two weeks free trial where I enable the ALGO along with few studies for your own sierra/ ATcharts.

OR you can simply “stop by” and view my live screen.

To start your trial, please visit:
https://www.cannontrading.com/tools/intraday-futures-trading-signals Continue reading “Trading Levels & Economic Reports for 06-05 with Renko chart for Mini S&P”

Monday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond Sep ’12 10-Year US Note Sep ’12
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1298.251289.75

 

1280

 

1272.75

 

1268.5

 

1261

 25022485

 

2467

 

2453

 

2445

 

2429

 1236412219

 

12138

 

12073

 

12039

 

11985

 756.9751.8

 

746.2

 

735.4

 

731.6

 

723.9

 15219 (all time high)15206

15130

 

15104

 

15011

 

14830

 13430.5 (all time high)13422.5

13417.5

 

13407

 

13331.5

 

13324

Continue reading “Monday Morning Support and Resistance Numbers”

Monthly Unemployment Report Ahead + Trading Levels for June 1st

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 1, 2012

Hello Traders,

Heads up traders! front month for bonds, ten years and other financials is now September.

Front month for gold is August.

June is still front month for indices and currencies.

Monthly employment figures are out tomorrow at 8:30 Am Eastern Time! This is a market moving report, so be prepared!

May is officially behind us ( trading wise) and with the new trading month starting, I decided to share monthly chart of mini SP 500 below for your longer term overview.

May June be a trading month filled with patience and discipline!

 

Monthly chart of the mini S&P for your review below:

mini S&P futures monthly chart Continue reading “Monthly Unemployment Report Ahead + Trading Levels for June 1st”

Long Term Traders to Follow Futures Indices Prices on Last Trading Day of May

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 May 31, 2012

Hello Traders,

Heads up traders! front month for bonds, ten years and other financials is now September.

Front month for gold is August.

June is still front month for indices and currencies.

Mini Russell daily chart for your review below. An attempt to rally off the lows fizzled today and tomorrow can provide some clues for future direction. Tomorrow being the last day in May will provide some longer term traders with a fresh look at the weekly and monthly charts, so the close tomorrow may be significant.

Close below 760 may suggest new lows to follow, close above 780 may signal continued bounce higher.

Trade with patience, trade with discipline and good trading to all.

 

Daily chart of the mini Russell 2000 Index for your review below for your review:

mini Russell 2000 Index daily Continue reading “Long Term Traders to Follow Futures Indices Prices on Last Trading Day of May”

Webinar May 30th – Locating Trading Levels for Day-trading

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 Wednesday May 30, 2012

Hello Traders,

Locating Accurate, Real-Time Support and Resistance Levels for Intraday Trading

Join us for a Webinar on May 30

Space is limited.

https://www2.gotomeeting.com/register/877581714

Join Greg Weitzman, president and founder of TheTradingZone.com for this educational webinar Market Profile and Volume Nodes, How to locate unique and accurate Support and resistance levels for your intraday trading.

Because Volume is what drives the markets!

In this hour presentation Greg will show you just how easy it is to use Volume based Market Profile in your own trading to locate these highly accurate levels.

As a bonus, all attendees will also get

1. A 30 day demo account from Cannon Trading with our live, advanced charting package
2. A7 day pass to the Live Trading Room
3. a substantial discount on membership at TheTradingZone.com

SEATS ARE LIMITED, SO DON’T MISS THIS SPECIAL FREE WEBINAR!

Risk: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Title: Locating accurate, real-time support & resistance levels for intraday trading
Date: Wednesday, May 30, 2012
Time: 1:30 PM – 2:30 PM PDT

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements

PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees
Required: Mac OS® X 10.5 or newer Continue reading “Webinar May 30th – Locating Trading Levels for Day-trading”

Tuesday Morning Support and Resistance Numbers

Posted on by Ilan

We hope our local clients had a fantastic Memorial Day weekend!

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1349.51334.5

 

1329.75

 

1315

 

1308.5

 

1303.5

 25752563

 

2555

 

2520

 

2511

 

2498

 1272212639

 

12586

 

12471

 

12436

 

12400

 785.7783.1

 

775

 

766.8

 

762.5

 

754.8

 14823 (all time high)14817 

14807

 

14701

 

14618

 

14513

 1341613406.5

 

13400 (all time high)

13310.5

 

13307

 

13302

Continue reading “Tuesday Morning Support and Resistance Numbers”

Friday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1334.51328.75

 

1326.5

 

1318

 

1312.25

 

1305.25

 25752563

 

2555

 

2520

 

2511

 

2498

 1272212639

 

12586

 

12471

 

12436

 

12400

 775.4769.4

 

767.3

 

765.6

 

761.5

 

754.2

 14823 (all time high)14803

14725

 

14701

 

14618

 

14513

 13328.5 (all time high)13325.5

13323

 

13310.5

 

13307

 

13302

Continue reading “Friday Morning Support and Resistance Numbers”

Thursday Morning Support and Resistance Numbers

Posted on by Ilan

If you would like these numbers before the market opens, make sure you SIGN UP with your email above.

Here’s a morning cup o’ joe for all you futures traders, our morning support and resistance levels. Good trading!

divider black 190

Support and Resistance Levels – S&P 500, Nasdaq 100, Dow Jones, Mini Russell 2000, 30-Year US Bond, 10-Year US Note

Contract (June) Mini S&P 500 Mini Nasdaq 100 Dow Jones Mini Russell 2000 30-Year US Bond 10-Year US Note
Resistance Level 3 ——————————————Resistance Level 2

——————————————

Resistance Level 1

——————————————

Support Level 1

——————————————

Support Level 2

——————————————

Support Level 3

 1334.51328.75

 

1326.5

 

1316.25

 

1312.25

 

1305.25

 25962575

 

2563

 

2534

 

2520

 

2498

 1272212639

 

12553

 

12463

 

12431

 

12376

 775.4769.4

 

764

 

762.3

 

759.4

 

754.2

 14823 (all time high)14803 

14725

 

14713

 

14618

 

14513

 13328.5 (all time high)13323 

13319.5

 

13311.5

 

13307

 

13302

Continue reading “Thursday Morning Support and Resistance Numbers”

Trading Levels and Reports for May 24th – Gold Futures Leading General Market Direction

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 Wednesday May 24, 2012

Hello Traders,

I think the leader of the markets these past few trading sessions, have been gold – an example is from today’s trading session when SP lows followed Gold lows by minutes…. Below you will see an hourly chart of the gold market with potential, very short term targets on both a continued bounce as well as in case the longer term down trend resumes.

Personally, I think gold will be trading between 1523 to 1625 for a while , which by itself is a very wide range if I am right and I have been wrong many times before.

When you feel the “heat of the markets” is affecting you and you are in a position, take a step back and ask yourself, “what would I do if I was not in a position currently…”? the answer should help you manage your current position while in a trade.

 

Hourly chart of Gold Futures below for your review:

gce hourly

Continue reading “Trading Levels and Reports for May 24th – Gold Futures Leading General Market Direction”

Hourly Chart Mini S&P 500 for May 23, 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 Tuesday May 23, 2012

Hello Traders,

Good ranges on many markets I follow intra day, which most day-traders look for.

As I said many times before , volatility and wide ranges can be a double edge sword….

Below you will see an hourly chart of the mini SP 500 along with some potential Elliott Wave targets for either pull backs or continued bounce.

Trade with patience, trade with discipline and good trading to all.

 

Hourly chart of Mini S&P 500 below for your review:

mini sp hourly Continue reading “Hourly Chart Mini S&P 500 for May 23, 2012”

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.