Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
Wishing everyone a GREAT trading month in March!
Volatility is here. In my opinion, traders need to adjust their trading tactics accordingly. We will be happy to help, chat trading and more if interested.
Plan your trade, trade your plan!!
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
|Contract March 2018||SP500||Nasdaq100||Dow Jones||Mini Russell||BitCoin Index|
|Contract||Apr. Gold||May Silver||Apr. Crude Oil||June Bonds||Mar. Euro|
|Resistance 3||1344.0||17.06||63.68||146 5/32||1.2439|
|Resistance 2||1333.2||16.81||62.76||145 11/32||1.2362|
|Resistance 1||1325.3||16.65||62.03||144 25/32||1.2320|
|Support 1||1306.6||16.25||60.38||143 13/32||1.2200|
|Support 2||1295.8||16.00||59.46||142 19/32||1.2123|
|Support 3||1287.9||15.84||58.73||142 1/32||1.2081|
|Contract||May Corn||May Wheat||May Beans||May SoyMeal||Apr. Nat Gas|
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.