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Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

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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: 

http://app.bettertrader.co

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.

Tags: > Posted in: Bitcoin Futures  

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