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Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
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We are happy to announce that it is a Cannon’s blog member who won the gold challenge contest by the CME ! Below is a picture of the 1 Oz Gold Bar shipped to John M.
His guess for the price of August Gold on the close of June 30th was 1241.9.
As a thank you for all of you who participated – instantly download our free eBook:
Cannon Trading’s Futures Forthright eBook!
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
7-18-2017
| Contract September 2017 | SP500 | Nasdaq100 | Dow Jones | Mini Russell | Dollar Index |
| Resistance 3 | 2467.33 | 5893.92 | 21677 | 1448.33 | 95.39 |
| Resistance 2 | 2463.92 | 5878.83 | 21649 | 1441.47 | 95.26 |
| Resistance 1 | 2460.83 | 5861.42 | 21617 | 1436.13 | 95.07 |
| Pivot | 2457.42 | 5846.33 | 21589 | 1429.27 | 94.94 |
| Support 1 | 2454.33 | 5828.92 | 21557 | 1423.93 | 94.75 |
| Support 2 | 2450.92 | 5813.83 | 21529 | 1417.07 | 94.62 |
| Support 3 | 2447.83 | 5796.42 | 21497 | 1411.73 | 94.43 |
| Contract | August Gold | Sept. Silver | August Crude Oil | Sept. Bonds | Sept. Euro |
| Resistance 3 | 1244.6 | 16.44 | 47.49 | 153 21/32 | 1.1591 |
| Resistance 2 | 1240.0 | 16.30 | 47.19 | 153 12/32 | 1.1558 |
| Resistance 1 | 1236.7 | 16.20 | 46.58 | 153 1/32 | 1.1539 |
| Pivot | 1232.1 | 16.07 | 46.28 | 152 24/32 | 1.1506 |
| Support 1 | 1228.8 | 15.97 | 45.67 | 152 13/32 | 1.1487 |
| Support 2 | 1224.2 | 15.83 | 45.37 | 152 4/32 | 1.1454 |
| Support 3 | 1220.9 | 15.73 | 44.76 | 151 25/32 | 1.1435 |
| Contract | Sept. Corn | Sept. Wheat | November Beans | Dec. SoyMeal | Aug. Nat Gas |
| Resistance 3 | 396.6 | 514.9 | 1018.08 | 337.37 | 3.13 |
| Resistance 2 | 394.2 | 512.8 | 1012.67 | 334.83 | 3.09 |
| Resistance 1 | 391.1 | 509.4 | 1005.08 | 332.17 | 3.06 |
| Pivot | 388.7 | 507.3 | 999.67 | 329.63 | 3.02 |
| Support 1 | 385.6 | 503.9 | 992.1 | 327.0 | 3.0 |
| Support 2 | 383.2 | 501.8 | 986.67 | 324.43 | 2.95 |
| Support 3 | 380.1 | 498.4 | 979.08 | 321.77 | 2.92 |
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.