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Tag: Support and Resistance Levels

Trading Levels and Economic Reports for April 3, 2013

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 April 3, 2013

 

Hello Traders,

For 2013 I would like to wish all of you discipline and patience in your trading! 

So far most selling in stock index futures are met with volume buying at lower levels. I wish I had an idea of how long this would last….but I don’t. What can change the dynamics are the few employment reports we have this week. Starting with tomorrow ADP report, Thursday weekly report and non-farm payroll (the big report) this
Friday.
Be aware of when the different reports come out and their importance. I post the upcoming reports in this blog and I like using forexfactory.com as a source as well as when I do research about past reports.

 

Trading Levels and Reports for May 25th – Memorial Day Trading Schedule

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 May 25, 2012

Hello Traders,

Just a heads up!  This weekend is Memorial Day weekend and of course we are on a Holiday Schedule.  Please pay attention below to the Memorial Day Trading Schedule.

Memorial Day Trading Schedule

Friday, May 25

CME Group (Floor)
12:00 pm Close: Foreign Exchange and Interest Rate products
* All other products regular close

NYMEX (Floor)
Regular Close

GLOBEX
3:15 pm Close: Interest Rate, Foreign Exchange, CBOT/KCBT/MGEX Grain, GSCI, Wood Pulp, Crude Palm Oil and Green Exchange products
* All other products regular close

ICE
3:15 pm Close: Financial and Index products
* All other products regular close

EUREX
Regular Close

OneChicago
Regular Close

NYSE
Regular Close

Nadex
Regular Close

Forex
Regular Close

Sunday, May 27

CME Group (Floor)
Closed

NYMEX (Floor)
Closed

GLOBEX
Regular Open
* Exceptions – Dairy, Crude Palm Oil, Weather, Livestock, GSCI, Lumber, CBOT/KCBT/MGEX Grains and Dow UBS ER products closed

ICE
Regular Open
* Exceptions – Soft and Open outcry products closed

EUREX
Regular Open
* Exceptions – Swiss fixed income as well as equity and equity index derivatives, Hurricane Futures, Austrian, Norwegian, Brazilian, Canadian and U.S. equity derivatives and Eurex KOSPI Products (No cash payment in USD, CHF, KRW)

OneChicago
Closed

NYSE
Closed

Nadex
Closed

Forex
Regular Open

Monday, May 28

CME Group (Floor)
Closed

NYMEX (Floor)
Closed

GLOBEX
Closed: Dairy, Crude Palm Oil, Livestock, GSCI, Lumber, Weather, CBOT/KCBT/MGEX Grains, KOSPI 200 and Dow UBS ER products
10:30 am Close: Equity products
12:00 pm Close: Interest Rate, Foreign Exchange, Real Estate and Wood Pulp products
12:15 pm Close: NYMEX/COMEX/DME and Green Exchange products

*Trading Resumes at the times listed below*
5:00 pm Open: Equity, Interest Rate, Foreign Exchange, Dairy, Crude Palm Oil, GSCI, Weather, Real Estate, Wood Pulp, NYMEX/COMEX/DME and Green Exchange products
7:00 pm Open: CBOT/KCBT/MGEX Grain products (pre-open begins at 4:15 pm on Sunday, May 27th)

ICE
Closed: Soft and Open outcry products
10:30 am Close: Index products
12:00 pm Close: Financial products

EUREX
Closed: Swiss fixed income as well as equity and equity index derivatives, Hurricane Futures, Austrian, Norwegian, Brazilian, Canadian and U.S. equity derivatives and Eurex KOSPI Products
*No cash payment in USD, CHF, KRW

OneChicago
Closed

NYSE
Closed

Nadex
Closed
*Regular evening open at 5:00 pm

Forex
Regular Close

 

CME Group  Schedule

ICE Schedule

 

 

*All times listed in Central Time

The above calendar is compiled from sources believed to be reliable. Cannon Trading Co, Inc.  assumes no responsibility for any errors or omissions. It is meant as an alert to events that may affect trading strategies and is not necessarily complete. The closing times for certain contracts may have been rescheduled.

If you have any questions please contact our Customer Service Continue reading “Trading Levels and Reports for May 25th – Memorial Day Trading Schedule”

Day Trading Education | Support and Resistance Levels

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for February 2, 2012

1. Market Commentary

Many clients new and veteran have asked me in the past for different resources as far as day-trading education so I wanted to share a few pointers from my colleagues at Naturus.com about day-trading in general and day-trading futures in specific.
This ain’t rocket science. But it ain’t easy either.
Day-trading is just the process of buying and selling a futures contract within the same session.
It sounds pretty simple. If you buy and the price goes up you make money. Buy low, sell high (or sell high and buy low) and go fishing.
But knowing how it is done is not remotely close to knowing how to do it.
Learning to trade is a bit like learning to play the piano. You can’t learn by reading about it, or by watching somebody else do it, any more than you can lose weight by watching work-out videos.
You have to do it yourself, which means spending time – lots of time – in front of the screen, trading and analyzing. Experience isn’t just the best teacher; it is the only teacher.
The problem is that you can get hurt while you are learning. When you risk your money in the market, the guys taking the other side of your trade are much more experienced and much more skillful. They are pros, and there is no minor league where you can learn without getting hurt. Continue reading “Day Trading Education | Support and Resistance Levels”

Tuesday Morning Support and Resistance

Posted on by Ilan

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

As always, if you’d like these numbers before the market opens for free (for the time being), sign up above.

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 (Dec. 2011) 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

 1329.75 

1319.25

 

1317

 

1309.25

 

1304.25

 

1296

 2501 

2490

 

2478

 

2465

 

2459

 

2447

 12786 

12720

 

12679

 

12603

 

12555

 

12476

 808.80 

801.70

 

799

 

793.5

 

790.1

 

784.6

 14611 

14513

 

14426

 

14400

 

14313

 

14211

 13228.5 

13216.5

 

13207(all time high)

13120

 

13109.5

 

13100.5

Continue reading “Tuesday Morning Support and Resistance”

FRIDAY Morning Support and Resistance Levels

Posted on by Ilan

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 (Dec. 2011) 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

 1293.75

1301.75

 

1310.5

 

1328.25

 

1347.75

 

1354.5

 2385

2405

 

2428

 

2469

 

2478.5

 

2490

 12493

12558

 

12631

 

12768

 

12804

 

12873

 765.5

773.2

 

781.9

 

798.3

 

801.70

 

808.80

 13920

14025

 

14123

 

14219

 

14226

 

14319

 13013

13025

 

13031.5

 

13112.5

 

13117.5

 

13123.5

Continue reading “FRIDAY Morning Support and Resistance Levels”

Few pointers for you day-traders out there | Support and Resistance Levels

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for January 27, 2012

1. Market Commentary

Few pointers for you day-traders out there. I am sure you have heard some from different resources but never hurts to read and absorb this again:

1. Be patient
2. Limit the number of hours you trade
3. Know your DAILY risk before the day begins and this will dictate
the number of contracts you trade
4. Choose markets with high liquidity
5. Know what reports come out every day and their impact on the markets.
6. Understand that even the best methods will have losing days.
7. Learn to accept loses
8. use RISK CAPITAL only
9. Don’t try to trade and do other things….
10. Educate yourself
11. Keep a trading journal

More to come in a webinar over the next few weeks. Will keep you posted.

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

Contract (Dec. 2011) SP500
(big & Mini)		 Nasdaq100
(big & Mini)		 Dow Jones
(big & Mini)		 Mini Russell
Resistance Level 3 1346.17 2510.67 12895 809.77
Resistance Level 2 1337.83 2494.33 12837 804.23
Resistance Level 1 1326.17 2474.17 12759 798.17
Pivot Point 1317.83 2457.83 12701 792.63
Support Level 1 1306.17 2437.67 12623 786.57
Support Level 2 1297.83 2421.33 12565 781.03
Support Level 3 1286.17 2401.17 12487 774.97

Continue reading “Few pointers for you day-traders out there | Support and Resistance Levels”

Monday Morning Support and Resistance

Posted on by Ilan

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 (Dec. 2011) 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

 1328.5 

1321.25

 

1313

 

1300.5

 

1293.25

 

1287

 2490 

2442.5

 

2436

 

2407.5

 

2389

 

2372.5

 12873 

12749

 

12692

 

12573

 

12113

 

12455

 808.80 

790

 

784.9

 

771.8

 

764.9

 

758.8

 14307 

14222

 

14204

 

14025

 

13927

 

13920

 13101 

13019

 

13011.5

 

12928.5

 

12925

 

12921

Continue reading “Monday Morning Support and Resistance”

Weekly Newsletter and Support and Resistance Levels

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for January 23, 2012

1. Market Commentary

Wishing all of you a great weekend and a good trading week to come.

Weekly newsletter for your review here:

https://www.cannontrading.com/news/price-map-march-british-pound-stock-market-not-physics

2. Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000

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Contract (Dec. 2011) SP500
(big & Mini)		 Nasdaq100
(big & Mini)		 Dow Jones
(big & Mini)		 Mini Russell
Resistance Level 3 1320.23 2449.83 12792 792.63
Resistance Level 2 1315.87 2443.17 12728 788.57
Resistance Level 1 1313.43 2439.33 12697 785.03
Pivot Point 1309.07 2432.67 12633 780.97
Support Level 1 1306.63 2428.83 12602 777.43
Support Level 2 1302.27 2422.17 12538 773.37
Support Level 3 1299.83 2418.33 12507 769.83

Continue reading “Weekly Newsletter and Support and Resistance Levels”

10,000 Volume Chart | Support and Resistance Levels

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
3. Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Support and Resistance Levels – March Corn, March Wheat, Jan Beans, March Silver
5.Economic Report for January 20, 2012

1. Market Commentary

Below is an intraday chart using some of the studies I have programmed and like to apply to my charts.

As one can visually see, the last two hours of trading on the ES today worked well with my diamond algo. The chart below is 10,000 volume chart. To read why I sometimes prefer using volume charts over time charts ( example 5 minutes chart, 10 minutes etc.) and how you can get a free trial and apply my studies/ ALGO on your own charts, continue reading….
521 Continue reading “10,000 Volume Chart | Support and Resistance Levels”

Thursday Morning Support and Resistance

Posted on by Ilan

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 (Dec. 2011) 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

 1322 

1313.00

 

1309.75

 

1297

 

1290.5

 

1284.5

 2490 

2478.5

 

2436

 

2402

 

2384

 

2369

 12749 

12600

 

12577

 

12477

 

12431

 

12391

 808.80 

895.20

 

781.6

 

768.5

 

762.2

 

756.6

 14413 

14405

 

14328

 

14312

 

14228

 

14201

 13111 

13108

 

13104.5

 

13025

 

13017.5

 

13003

Continue reading “Thursday Morning Support and Resistance”

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.