Trade Bitcoin Futures 12.15.2017
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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Dear Traders,
March is now the FRONT MONTH for all e-mini contracts. March is H8
so YMH8 is the March mini Dow futures
Bitcoin updates:
The CBOE 1 bitcoin contract been trading almost a full week. The CBOE contract represents one bitcoin while the CME contract set to launch this coming Sunday evening controls 5 bitcoins.
We saw approx. 1200 contracts traded on the January contract of the CBOE today.
The contract is very volatile and the bid-ask spread is still wide.
Open an Account to Trade Bitcoin Futures:
In Order to Trade bitcoin futures and other commodity futures, please complete the following online application and fund the account with the minimums listed above.
If you already have an account with us, please communicate with your broker to make sure you are set up to trade these contracts, discuss risks and more.
Here’s the link to the on-line account application (takes about 15-20 mins.)
Generally, application approval usually takes a day or two, if it is an urgent set-up, we should be able to get you up and running within a day.
If you have ANY questions, feel free to call, chat or contact us!
Open an Account to Trade Bitcoin Futures:
In Order to Trade bitcoin futures and other commodity futures, please complete the following online application and fund the account with the minimums listed above.
Here’s the link to the on-line account application (takes about 15-20 mins.)
Generally, application approval usually takes a day or two, if it is an urgent set-up, we should be able to get you up and running within a day.
If you have ANY questions, feel free to call, chat or contact us!
Good Trading!
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.
Futures Trading Levels
12-15-2017
| Contract March 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | BitCoin Index |
| Resistance 3 | 2687.00 | 6475.42 | 24820 | 1552.97 | 17786.32 |
| Resistance 2 | 2680.25 | 6459.58 | 24762 | 1542.53 | 17381.78 |
| Resistance 1 | 2668.25 | 6435.67 | 24657 | 1526.17 | 16948.02 |
| Pivot | 2661.50 | 6419.83 | 24599 | 1515.73 | 16543.48 |
| Support 1 | 2649.50 | 6395.92 | 24494 | 1499.37 | 16109.72 |
| Support 2 | 2642.75 | 6380.08 | 24436 | 1488.93 | 15705.18 |
| Support 3 | 2630.75 | 6356.17 | 24331 | 1472.57 | 15271.42 |
| Contract | Feb. Gold | Mar. Silver | Jan. Crude Oil | Mar. Bonds | Dec. Euro |
| Resistance 3 | 1269.2 | 16.40 | 58.56 | 155 17/32 | 1.1937 |
| Resistance 2 | 1265.4 | 16.27 | 57.86 | 154 27/32 | 1.1901 |
| Resistance 1 | 1260.4 | 16.10 | 57.49 | 154 15/32 | 1.1844 |
| Pivot | 1256.6 | 15.98 | 56.79 | 153 25/32 | 1.1808 |
| Support 1 | 1251.6 | 15.81 | 56.42 | 153 13/32 | 1.1752 |
| Support 2 | 1247.8 | 15.68 | 55.72 | 152 23/32 | 1.1716 |
| Support 3 | 1242.8 | 15.51 | 55.35 | 152 11/32 | 1.1659 |
| Contract | Mar. Corn | Mar. Wheat | January Beans | Mar. SoyMeal | Jan. Nat Gas |
| Resistance 3 | 352.9 | 424.4 | 981.50 | 330.97 | 2.80 |
| Resistance 2 | 351.8 | 422.6 | 978.25 | 328.93 | 2.76 |
| Resistance 1 | 350.2 | 420.4 | 973.00 | 325.27 | 2.72 |
| Pivot | 349.1 | 418.6 | 969.75 | 323.23 | 2.68 |
| Support 1 | 347.4 | 416.4 | 964.5 | 319.6 | 2.6 |
| Support 2 | 346.3 | 414.6 | 961.25 | 317.53 | 2.61 |
| Support 3 | 344.7 | 412.4 | 956.00 | 313.87 | 2.57 |
Economic Reports, source:
This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.
