Futures Trading Levels, June to September Rollover is Tomorrow

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

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

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

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

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

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

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”

Futures Trading Levels, We Invite You to Try Our Live Charts Service

Cannon Trading / E-Futures.com

Wishing all of you a nice, long Memorial Day Weekend! See you Tuesday.

Holiday Hours

or visit the CME group website.

Your GPS to the Futures Market

We invite you to a free two week trial of our Real-Time Day Trading Signal Service, a streaming visual of trading signals overlaid on live charts of three key markets: the E-Mini S&P 500, Crude Oil, and the Euro.

1.) Live charts with trading signals

2.) Trade management commentary by Ilan Levy-Mayer, Vice President of Cannon Trading and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor, who explains his response to the trade signals during periods of high market volatility. Continue reading “Futures Trading Levels, We Invite You to Try Our Live Charts Service”

Futures Trading Levels, Memorial Day Weekend Hours

Cannon Trading / E-Futures.com

Memorial Day trading hours click here:

Holiday Hours

or visit the CME group website and schedule

Real-Time Day Trading Signal Service
Your GPS to the Futures Market

We invite you to a free two week trial of our Real-Time Day Trading Signal Service, a streaming visual of trading signals overlaid on live charts of three key markets: the E-Mini S&P 500, Crude Oil, and the Euro.

1.) Live charts with trading signals

2.) Trade management commentary by Ilan Levy-Mayer, Vice President of Cannon Trading and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor, who explains his response to the trade signals during periods of high market volatility.


Continue reading “Futures Trading Levels, Memorial Day Weekend Hours”

Futures Trading Levels, Slow Buying Equates to Downward Pressure

Cannon Trading / E-Futures.com

Interesting price action in stock index futures today. We made a recent low overnight, bounced nicely through out the session but then sold off during the last 20 minutes or so. For me that is a sign that there is not enough fresh buying still and pressure is still favoring the downside with 1292 as the next target. HOWEVER, if buyers can push above 1327 it will change the picture and require a re-evaluation of the market.

Daily mini SP 500 chart for your review below: Continue reading “Futures Trading Levels, Slow Buying Equates to Downward Pressure”