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Tag: futures trading

Futures Trading Levels, Fibonacci Used in Context

Posted on by Ilan

Cannon Trading / E-Futures.com

Daily chart of the mini SP500 along with potential levels below and above for you review below.

I think the current level we are at, 1267 is a pivot level. It is a 76.4% Fibonacci level between the lows made back on March 17th 2011 and the highs made on May 2nd 2011. If we can trade above it and start moving higher, we may see a bounce to 1286, if we can pick up steam below, we may see retest of 1235.75 Continue reading “Futures Trading Levels, Fibonacci Used in Context”

Futures Trading Levels, We Now Trade September Indeces and Currencies

Posted on by Ilan

Cannon Trading / E-Futures.com

June To September Rollover Notice

Please note that we are now trading September indices as well as September currencies.

Make sure you DO NOT HOLD ANY JUNE CURRENCIES in your account.

Should you have any further questions please contact your futures broker.

Daily chart of the DOW JONES CASH INDEX for your review below.

We have been trading lower on good volume and for now the trend points lower. Wishing you a great weekend and good trading week to come. Continue reading “Futures Trading Levels, We Now Trade September Indeces and Currencies”

Futures Trading Levels, Watch for the Federal Budget Balance Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

June To September Rollover Notice

Please note that we are now trading September indices as well as September currencies.

Make sure you DO NOT HOLD ANY JUNE CURRENCIES in your account.

Should you have any further questions please contact your futures broker. Continue reading “Futures Trading Levels, Watch for the Federal Budget Balance Tomorrow”

Futures Trading Levels, June to September Rollover is Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

June To September Rollover Notice

Please note that Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday the 9th at 8:30 am Chicago time from the June 2011 contract to the September 2011 contract. The month code for September is ‘U’.

It is recommended that all new positions be placed in the September contract as of Thursday’s trade date.

Please close any open June Currencies positions by the close on Friday, June 10th.

Should you have any further questions please contact your futures broker. Continue reading “Futures Trading Levels, June to September Rollover is Tomorrow”

Futures Trading Levels, OPEC Meets Tomorrow

Posted on by Ilan

Cannon Trading / E-Futures.com

Daily chart of the Mini Sp 500 along with possible support and resistance levels for your review below.

My technical opinion is that we should visit 1272.50 soon.

OPEC MEETING TOMORROW

Daily mini S&P trading chart screenshot from today June 7th, 2011

Stock futures trading chart levels for Tuesday June 7th, 2011 Continue reading “Futures Trading Levels, OPEC Meets Tomorrow”

Futures Trading Levels, Crude Oil as a Leader of Commodity Prices

Posted on by Ilan

Cannon Trading / E-Futures.com

Crude Oil has been moving the rest of the commodities sector the last few months and has influence on all futures.

Thought I would share a daily chart for review, along with a screen shot of the crude oil set ups I share in my daily live day-trade signals service.

As far as longer term direction for crude, I will need to see which level we can break out first, 104.91 on the upside or 94.54 on the downside. In between, you have wide 410 trading range ( equal to $10,000 per one contract against you or in your favor….)

Daily mini S&P trading chart screenshot from today June 6th, 2011

Stock futures trading chart levels for Monday June 6th, 2011

Intra-day trading chart screenshot from today June 6th, 2011

Intra-day chart: (blue diamond = potential buy, red diamond = potential sell)

Stock futures trading chart levels for Monday June 6th, 2011 Continue reading “Futures Trading Levels, Crude Oil as a Leader of Commodity Prices”

Futures Trading Levels, Treasury Secretary Tim Geithner Speaks on Monday

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing everyone a nice weekend.

Below is a daily chart of the mini SP 500.

We had good volume over last few days and the key level to watch early next week is 1290- 1292.

If you like to view my INTRADAY charts live with my trading signals for mini SP 500, Euro Currency and Crude Oil, sign up at:

Cannon Trading Company Futures Trading Webinar.

Daily mini S&P trading chart screenshot from today June 3rd, 2011

Stock futures trading chart levels for Friday June 3rd, 2011 Continue reading “Futures Trading Levels, Treasury Secretary Tim Geithner Speaks on Monday”

Futures Trading Levels, Non-Farm Employment Report

Posted on by Ilan

Cannon Trading / E-Futures.com

Market will be waiting monthly un employment numbers , tomorrow morning before the open of cash market.

Its a wild ride so hang on with everything you got.

Since we started a new month, I figured I will share a monthly chart for your review.

From MY TECHNICAL perspective, if we can break below, we may see a deeper correction.

Monthly mini S&P trading chart screenshot from today June 2nd, 2011

Stock futures trading chart levels for Thursday June 2st, 2011 Continue reading “Futures Trading Levels, Non-Farm Employment Report”

Futures Trading Levels, Possible S&P Mini June Volatility

Posted on by Ilan

Cannon Trading / E-Futures.com

June started out with a strong sell off, higher volatility and higher volume than we have seen in a while….if the first day is any sign, then we are in for a volatile month!

Below is a daily chart of Mini Russell 2000 for your review.

Daily Mini Russell 2000 trading chart screenshot from today June 1st, 2011

Stock futures trading chart levels for Wednesday June 1st, 2011

Also a good article I wrote a few years back entitled “Survival Day Trading” is available at the Cannon Trading Futures Trading Newsletter. Continue reading “Futures Trading Levels, Possible S&P Mini June Volatility”

Futures Trading Levels, Change of Month and Change of Contracts

Posted on by Ilan

Cannon Trading / E-Futures.com

Wishing everyone a great trading month in June!

Please keep in mind that we are now trading SEPTEMBER BONDS, SEPT. TEN YEARS and other financials.

Also we are now trading AUGUST GOLD.

We will be rolling currencies and indices next Thursday, June the 9th. if you have any questions, please contact your broker. Continue reading “Futures Trading Levels, Change of Month and Change of Contracts”

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.