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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,

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Will a Rate Cut Boost Equities, Defer any Recession?
The Fed is expected to cut rates this Wednesday. Is a rate cut deep into an economic expansion unusual? It did so in 1987 and 1998. Find out what happened by watching the video by clicking below.
So I had a few interesting conversations this past week, some with prospects and some with clients…..
The first one was with a prospect who needed some advice on how to improve his day-trading. We chatted for a few minutes on the phone, I shared some insight and tips in hopes that this will help me gain his business. It sounds like he may be a client but the reason I am sharing this is because he said: ” wow these 15 minutes talking with you on the phone were very valuable and I appreciate it. You gave me more than a few things to try and implement and I will keep you posted!”
The second conversation was with a client of mine who simply did not know that I can provide him with quite a bit of trading ideas and insight into futures options…..
You may ask why I am sharing this with you?
The reason is that many prospects and clients may not be aware that our biggest asset here at Cannon, are our brokers and the vast commutative experience we posses. USE IT. REACH OUT. CHAT ONLINE OR TALK ON THE PHONE. WE ARE HERE TOP HELP.
You can start by visiting our Trader’s Profile or simply call/ email your broker if you are a client or reply back to this email if you are a prospect.

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

07-30-2019


Economic Reports, source: 

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.

Posted in: Future Trading News  

Trading Expertise As Featured In

Trading Tips You Can Use Right Away!


Watch 4 short videos on the topics of:
  • Using Bollinger Bands and Parabolics
  • Using range Bars for Day-Trading
  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
  • License 3 Broker at your Fingertips
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