Market feels bit heavy right now but then again it felt heavy more than a few times over past few weeks only to find some more legs and go higher….so either way you plan on trading this market, make it exactly that….have a plan and then trade your plan.
I wish all of you a great 2011 in trading and all aspects of life! Continue reading “Futures Trading Levels and Economic Reports for January 6th 2011”
Updated: 31-Dec-10 08:49 ET
Continue reading “Daily Support and Resistance Levels for December 31, 2010”
Updated: 28-Dec-10 09:01 ET
Market is acting a bit funny….reason i am saying that is that we are trading at relatively HIGH prices, over 52 weeks highs, yet the volatility is at a very low level….
What i have noticed over the years is the wave pattern of volatility….from extremely high volatility to extremely low volatility and goes again….so now the question is when is the next wave of higher volatility starts?
Have a great weekend, successful trading week ahead ( only 4 trading days next week, with Thursday packed with economic numbers).
I will be out of the office until Jan. 3rd but you will receive levels and reports published by colleague here at cannon.
happy Holidays and great trading in 2011! Continue reading “Futures Trading Levels and Economic Reports for December 20, 2010”
We are heading into the last two weeks of 2010 with only 4 days of trading next week and generally lower volume during this period of the year. Keep that in mind when trading.
Some days you will see very slow, choppy trading while other days you may see some volatile and exaggerated moves because of the lower volume.
Keep a trading journal, write notes on how this time of the year is affecting the markets and trading and refer back to these notes when needed. Continue reading “Futures Trading Levels and Economic Reports for December 17, 2010”
Market feels bit heavy right now but then again it felt heavy more than a few times over past few weeks only to find some more legs and go higher….so either way you plan on trading this market, make it exactly that….have a plan and then trade your plan.
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************************************************************** Continue reading “Futures Trading Levels and Weekly Newsletter for December 16th 2010”
