{"id":11815,"date":"2016-11-18T07:13:29","date_gmt":"2016-11-18T15:13:29","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11815"},"modified":"2017-07-19T02:45:39","modified_gmt":"2017-07-19T10:45:39","slug":"getting-stopped-highs-lows-read-article-11-18-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/getting-stopped-highs-lows-read-article-11-18-2016\/","title":{"rendered":"Getting Stopped Out on the Highs and Lows? Read This Article….11-18-2016"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
\n<\/strong>
\n\"Like<\/a>\"Follow<\/a>\"View<\/a>\"Find<\/a>\"Cannon<\/a>\"Find<\/a><\/p>\n

1. Market Commentary<\/a><\/strong>
\n2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5. Futures Economic Reports for Friday\u00a0November 18, 20<\/a><\/strong>16<\/strong><\/a><\/p>\n

Greetings!<\/p>\n

\n

Dear Traders,<\/em><\/strong><\/p>\n<\/div>\n

Many of you shared with me how frustrated you get when you get stopped out only to see the market goes back to where you wanted it to or positioned for….<\/strong><\/p>\n

This article by my colleague John Thorpe, talks about using weekly mini SP 500 options and can be applied to\u00a0 gold, bonds, crude oil and other markets that have weekly options.\u00a0 Must read.<\/p>\n

Weekly Mini S&P option contracts<\/p>\n

There are 100’s of indicators available to traders to assist with decision making that can be applied to technical analysis, which is precisely the reason to utilize a sound and inexpensive weekly ES strategy to compliment a day trading strategy.<\/p>\n

There are two main uses for the Weekly options<\/strong><\/div>\n
    \n
  1. As a hedge, no need for stops<\/li>\n
  2. As a pure speculation. A relatively inexpensive way to speculate on market direction in a time frame that can be for minutes, hours or a few days without the need to use stops.<\/li>\n<\/ol>\n

    Read the full article!<\/a><\/p>\n

    <\/p>\n

    GOOD TRADING<\/strong><\/p>\n

    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.<\/p>\n

    If you like Our\u00a0Futures Trading<\/a>\u00a0Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n

    Futures Trading Levels<\/a><\/strong><\/p>\n

    Levels for Trade Date of 11.18.2016<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Contract Dec. 2016<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n2202.67<\/td>\n4891.25<\/td>\n18946<\/td>\n1326.60<\/td>\n102.36<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n2194.08<\/td>\n4859.00<\/td>\n18909<\/td>\n1320.30<\/td>\n101.68<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n2188.92<\/td>\n4842.50<\/td>\n18886<\/td>\n1314.60<\/td>\n101.33<\/td>\n<\/tr>\n
    Pivot<\/td>\n2180.33<\/td>\n4810.25<\/td>\n18849<\/td>\n1308.30<\/td>\n100.65<\/td>\n<\/tr>\n
    Support 1<\/td>\n2175.17<\/td>\n4793.75<\/td>\n18826<\/td>\n1302.60<\/td>\n100.30<\/td>\n<\/tr>\n
    Support 2<\/td>\n2166.58<\/td>\n4761.50<\/td>\n18789<\/td>\n1296.30<\/td>\n99.62<\/td>\n<\/tr>\n
    Support 3<\/td>\n2161.42<\/td>\n4745.00<\/td>\n18766<\/td>\n1290.60<\/td>\n99.27<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nDec. Gold<\/td>\nDec. Silver<\/td>\nJan. Crude Oil<\/td>\nDec. Bonds<\/td>\nDec. \u00a0 Euro<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n1249.4<\/td>\n17.50<\/td>\n47.77<\/td>\n156 19\/32<\/td>\n1.0845<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n1240.3<\/td>\n17.29<\/td>\n47.17<\/td>\n155 31\/32<\/td>\n1.0801<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n1228.8<\/td>\n17.00<\/td>\n46.07<\/td>\n154 26\/32<\/td>\n1.0719<\/td>\n<\/tr>\n
    Pivot<\/td>\n1219.7<\/td>\n16.79<\/td>\n45.47<\/td>\n154 6\/32<\/td>\n1.0675<\/td>\n<\/tr>\n
    Support 1<\/td>\n1208.2<\/td>\n16.49<\/td>\n44.37<\/td>\n153 1\/32<\/td>\n1.0593<\/td>\n<\/tr>\n
    Support 2<\/td>\n1199.1<\/td>\n16.28<\/td>\n43.77<\/td>\n152 13\/32<\/td>\n1.0549<\/td>\n<\/tr>\n
    Support 3<\/td>\n1187.6<\/td>\n15.99<\/td>\n42.67<\/td>\n151 8\/32<\/td>\n1.0467<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nDec. Corn<\/td>\nDec. Wheat<\/td>\nJan. Beans<\/td>\nDec. SoyMeal<\/td>\nDec. Nat Gas<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n349.5<\/td>\n416.7<\/td>\n1007.92<\/td>\n318.73<\/td>\n2.89<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n346.5<\/td>\n411.3<\/td>\n1000.83<\/td>\n315.57<\/td>\n2.84<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n344.3<\/td>\n407.2<\/td>\n995.17<\/td>\n313.53<\/td>\n2.77<\/td>\n<\/tr>\n
    Pivot<\/td>\n341.3<\/td>\n401.8<\/td>\n988.08<\/td>\n310.37<\/td>\n2.73<\/td>\n<\/tr>\n
    Support 1<\/td>\n339.0<\/td>\n397.7<\/td>\n982.4<\/td>\n308.3<\/td>\n2.7<\/td>\n<\/tr>\n
    Support 2<\/td>\n336.0<\/td>\n392.3<\/td>\n975.33<\/td>\n305.17<\/td>\n2.61<\/td>\n<\/tr>\n
    Support 3<\/td>\n333.8<\/td>\n388.2<\/td>\n969.67<\/td>\n303.13<\/td>\n2.54<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/p>\n

    All times are Eastern time Zone (EST<\/a>)<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    Date<\/th>\n3:53pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
    <\/td>\n<\/tr>\n
    FriNov 18<\/span><\/td>\n<\/a>\u00a02:00am<\/span><\/td>\nEUR<\/td>\n<\/td>\n\n
    German PPI m\/m<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n0.3%<\/td>\n-0.2%<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n3:30am<\/td>\nEUR<\/td>\n<\/td>\n\n
    ECB President Draghi Speaks<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n4:00am<\/td>\nEUR<\/td>\n<\/td>\n\n
    Current Account<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n31.3B<\/td>\n29.7B<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n4:10am<\/td>\nGBP<\/td>\n<\/td>\n\n
    MPC Member Broadbent Speaks<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n5:30am<\/td>\nEUR<\/td>\n<\/td>\n\n
    German Buba President Weidmann Speaks<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\nUSD<\/td>\n<\/td>\n\n
    FOMC Member Bullard Speaks<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n9:30am<\/td>\nUSD<\/td>\n<\/td>\n\n
    FOMC Member Dudley Speaks<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\nUSD<\/td>\n<\/td>\n\n
    FOMC Member George Speaks<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\n\n
    CB Leading Index m\/m<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n0.1%<\/td>\n0.2%<\/td>\n<\/td>\n<\/tr>\n
    <\/td>\n9:45pm<\/td>\nUSD<\/td>\n<\/td>\n\n
    FOMC Member Powell Speaks<\/span><\/div>\n<\/td>\n
    		<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. 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.<\/h3>\n","protected":false},"excerpt":{"rendered":"

    Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1. Market Commentary 2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119,67,233],"tags":[1045,357,36,1044],"class_list":["post-11815","post","type-post","status-publish","format-standard","hentry","category-crude-oil","category-future-trading-news","category-options-trading-2","tag-bonds","tag-crude-oil-2","tag-gold","tag-mini-sp-500-options"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=11815"}],"version-history":[{"count":6,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11815\/revisions"}],"predecessor-version":[{"id":11825,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11815\/revisions\/11825"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=11815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=11815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=11815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}