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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,
Free trial to REAL TIME trading ALGO Signals
Below you will see a crude oil chart from last two days sessions.
In the chart you will see red and green marks. Green mark suggest a possible buy signal ( need to confirm with a couple of other rules) and red square = sell signal once confirmed with 2 other rules.
Crude Oil Chart From Last two Days Sessions

These ALGOS along with a 15 minutes one on one session is available for a free trial.

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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.
If you like to set up a time and chat with a licensed series 3 broker, please 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

05-23-2018

Contract June 2018  SP500 #ES_F Nasdaq100  #NQ_F Dow Jones  #YM_F Mini Russell #RTY_F BitCoin Index #XBT_F
Resistance 3 2758.08 7010.58 25262 1656.17 8636.77
Resistance 2 2749.92 6982.67 25164 1649.73 8527.66
Resistance 1 2737.83 6945.83 25001 1638.17 8354.13
Pivot 2729.67 6917.92 24903 1631.73 8245.02
Support 1 2717.58 6881.08 24740 1620.17 8071.49
Support 2 2709.42 6853.17 24642 1613.73 7962.38
Support 3 2697.33 6816.33 24479 1602.17 7788.85
Contract June Gold #GC_F July Silver #SI-F July Crude Oil #CL-F June  Bonds  #ZB_F June  Euro #6E_F
Resistance 3 1304.6 16.92 73.56 142  3/32 1.1917
Resistance 2 1300.3 16.81 73.23 141 27/32 1.1885
Resistance 1 1295.8 16.69 72.64 141 18/32 1.1844
Pivot 1291.5 16.58 72.31 141 10/32 1.1812
Support 1 1287.0 16.45 71.72 141  1/32 1.1771
Support 2 1282.7 16.34 71.39 140 25/32 1.1739
Support 3 1278.2 16.22 70.80 140 16/32 1.1698
Contract July  Corn #ZC_F July Wheat #ZW_F July Beans #ZS_F July SoyMeal #ZM_F June Nat Gas #NG_F
Resistance 3 409.2 543.4 1048.00 386.07 3.04
Resistance 2 408.1 536.8 1042.00 383.83 2.98
Resistance 1 406.4 529.2 1036.25 380.67 2.94
Pivot 405.3 522.6 1030.25 378.43 2.88
Support 1 403.7 514.9 1024.5 375.3 2.8
Support 2 402.6 508.3 1018.50 373.03 2.78
Support 3 400.9 500.7 1012.75 369.87 2.74

Economic Reports, source: 

http://app.bettertrader.co 

 Economic Reports - Wednesday, May 23rd

 

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: Future Trading News  

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