{"id":13334,"date":"2017-10-16T12:12:44","date_gmt":"2017-10-16T20:12:44","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=13334"},"modified":"2017-10-16T21:58:25","modified_gmt":"2017-10-17T05:58:25","slug":"futures-trading-levels-economic-reports-october-17th-2017","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-trading-levels-economic-reports-october-17th-2017\/","title":{"rendered":"Futures Trading Levels & Economic Reports for October 17th 2017"},"content":{"rendered":"

Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet<\/a>\u00a0for 2016!!\u00a0<\/em><\/strong><\/p>\n

_____________________________________________________________<\/em><\/strong><\/p>\n

Dear Traders,<\/p>\n

I have touched about this topic before in different ways but definitely\u00a0worth revisiting.<\/p>\n

I call it:\u00a0 “There is more to\u00a0daytrading\u00a0futures than the mini SP 500….”<\/p>\n

When we first started offering online futures trading, back in 1997, mini SP was the king.<\/p>\n

Stock index futures had more volatility, the market was actually moving both up and DOWN..and it was the first electronic contract. 20 years later, there are almost no pits….ALL markets are electronic, stocks been going up, almost in a straight line and we are in zero rates\/ zero volatility type of environment. I am sure this will change,\u00a0big\u00a0question is when.<\/p>\n

Until it does….if you have not already done so here are a few pointers I am throwing at you for further thought, exploration:<\/p>\n

    \n
  1. Crude oil, gold\u00a0are\u00a0quite a bit more volatile and move both up and down. Take a look, try in demo mode.<\/li>\n
  2. Bonds and grains offer\u00a0different\u00a0type of personality than some of the other markets. Again, try it in\u00a0demo mode<\/a>, learn contract specs and behavior.<\/li>\n
  3. Weekly options are now available\u00a0on\u00a0major markets. I like some of the advantages these options have offer straight futures as well as the combination one can use. Read more here.<\/a><\/li>\n
  4. There new contracts ( some are not that new but worth mentioning) VIX futures are an interesting product. Currency futures been around for years and are a better vehicle in my opinion than FOREX.<\/li>\n
  5. Consider adding\u00a0automated systems<\/a>\u00a0to your portfolio.<\/li>\n<\/ol>\n

    I am sure there is more but hope these few pointers will help you explore trading the right way.<\/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.\u00a0 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

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

    10-17-2017<\/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\n
    Contract December 2017<\/td>\n\u00a0SP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nBitCoin Index<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n2565.75<\/td>\n6151.50<\/td>\n23012<\/td>\n1525.63<\/td>\n6233.10<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n2561.75<\/td>\n6136.50<\/td>\n22959<\/td>\n1520.07<\/td>\n6015.75<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n2558.75<\/td>\n6128.00<\/td>\n22927<\/td>\n1512.23<\/td>\n5869.01<\/td>\n<\/tr>\n
    Pivot<\/td>\n2554.75<\/td>\n6113.00<\/td>\n22874<\/td>\n1506.67<\/td>\n5651.66<\/td>\n<\/tr>\n
    Support 1<\/td>\n2551.75<\/td>\n6104.50<\/td>\n22842<\/td>\n1498.83<\/td>\n5504.92<\/td>\n<\/tr>\n
    Support 2<\/td>\n2547.75<\/td>\n6089.50<\/td>\n22789<\/td>\n1493.27<\/td>\n5287.57<\/td>\n<\/tr>\n
    Support 3<\/td>\n2544.75<\/td>\n6081.00<\/td>\n22757<\/td>\n1485.43<\/td>\n5140.83<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nDecember Gold<\/td>\nDec. Silver<\/td>\nNov. Crude Oil<\/td>\nDec.\u00a0 Bonds<\/td>\nDec.\u00a0 Euro<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n1321.7<\/td>\n17.81<\/td>\n53.40<\/td>\n154 23\/32<\/td>\n1.1895<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n1315.1<\/td>\n17.65<\/td>\n52.89<\/td>\n154 13\/32<\/td>\n1.1877<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n1305.8<\/td>\n17.45<\/td>\n52.38<\/td>\n154\u00a0 5\/32<\/td>\n1.1855<\/td>\n<\/tr>\n
    Pivot<\/td>\n1299.2<\/td>\n17.29<\/td>\n51.87<\/td>\n153 27\/32<\/td>\n1.1837<\/td>\n<\/tr>\n
    Support 1<\/td>\n1289.9<\/td>\n17.09<\/td>\n51.36<\/td>\n153 19\/32<\/td>\n1.1815<\/td>\n<\/tr>\n
    Support 2<\/td>\n1283.3<\/td>\n16.93<\/td>\n50.85<\/td>\n153\u00a0 9\/32<\/td>\n1.1797<\/td>\n<\/tr>\n
    Support 3<\/td>\n1274.0<\/td>\n16.73<\/td>\n50.34<\/td>\n153\u00a0 1\/32<\/td>\n1.1775<\/td>\n<\/tr>\n
    <\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
    Contract<\/td>\nDec.\u00a0 Corn<\/td>\nDec. Wheat<\/td>\nNovember Beans<\/td>\nDec. SoyMeal<\/td>\nNov. Nat Gas<\/td>\n<\/tr>\n
    Resistance 3<\/td>\n355.3<\/td>\n448.3<\/td>\n1004.08<\/td>\n331.03<\/td>\n3.05<\/td>\n<\/tr>\n
    Resistance 2<\/td>\n354.0<\/td>\n445.5<\/td>\n1001.17<\/td>\n329.57<\/td>\n3.02<\/td>\n<\/tr>\n
    Resistance 1<\/td>\n352.3<\/td>\n441.0<\/td>\n996.08<\/td>\n327.03<\/td>\n2.99<\/td>\n<\/tr>\n
    Pivot<\/td>\n351.0<\/td>\n438.3<\/td>\n993.17<\/td>\n325.57<\/td>\n2.95<\/td>\n<\/tr>\n
    Support 1<\/td>\n349.3<\/td>\n433.8<\/td>\n988.1<\/td>\n323.0<\/td>\n2.9<\/td>\n<\/tr>\n
    Support 2<\/td>\n348.0<\/td>\n431.0<\/td>\n985.17<\/td>\n321.57<\/td>\n2.88<\/td>\n<\/tr>\n
    Support 3<\/td>\n346.3<\/td>\n426.5<\/td>\n980.08<\/td>\n319.03<\/td>\n2.85<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Economic Reports, source:\u00a0<\/strong><\/p>\n

    http:\/\/app.bettertrader.co<\/a><\/strong><\/p>\n

    \"Economic<\/p>\n<\/div>\n

    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.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0 _____________________________________________________________ Dear Traders, I have touched about this topic before in different ways but definitely\u00a0worth revisiting. I call it:\u00a0 “There is more to\u00a0daytrading\u00a0futures than the mini SP 500….” When we first started offering online futures trading, back in 1997, mini SP was the king. Stock index […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[58,350,144],"class_list":["post-13334","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-day-trading-futures","tag-economic-reports","tag-futures-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/13334","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=13334"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/13334\/revisions"}],"predecessor-version":[{"id":13339,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/13334\/revisions\/13339"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=13334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=13334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=13334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}