{"id":14283,"date":"2018-05-21T12:08:31","date_gmt":"2018-05-21T20:08:31","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=14283"},"modified":"2018-05-22T00:05:45","modified_gmt":"2018-05-22T08:05:45","slug":"market-day-trade-support-resistance-levels-5-21-2018-zw_f-es_f-nq_f-rty_f-si_f-gc_f-cl_f","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/market-day-trade-support-resistance-levels-5-21-2018-zw_f-es_f-nq_f-rty_f-si_f-gc_f-cl_f\/","title":{"rendered":"Which Market Should I (day) Trade? + Support & Resistance Levels 5.21.2018.. #ZW_F #ES_F #NQ_F #RTY_F #SI_F #GC_F #CL_F"},"content":{"rendered":"

____________________________________________________________________<\/span><\/b><\/em><\/p>\n

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

____________________________________________________________________<\/span><\/b><\/em><\/p>\n\n\n\n
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Dear Traders,<\/div>\n<\/div>\n
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Which Market Should I be (day) Trading?<\/strong><\/div>\n
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1. Know and follow more than one market. I think one should have familiarity and follow about 5 different markets ( or more depending account size and time) in general.<\/b><\/div>\n
2. Understand what type of market conditions you trade better in? Volatile? “dead”, choppy or perhaps trending?<\/b><\/div>\n
3. Have a view of these markets from longer term outlook and behavior.<\/b><\/div>\n
4. Trade the markets that fit your strengths.<\/b><\/div>\n
\u00a0<\/b><\/div>\n
Example: If I am following gold, crude, bonds, mini nasdaq and mini SP for educational purposes….If I know that I trade better in markets that have larger intraday swings and volatility than lets say trending markets or “quiet markets” I would\u00a0be focusing on the mini NASDAQ as my primary market now days as it is the one fitting my profile the best.<\/b><\/div>\n
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If “choppy” markets suits my trading style better, I would probably look at gold as of recently.<\/b><\/div>\n
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This will change as markets go through different cycles, from lower volatility to higher volatility. Trending to choppy etc.\u00a0<\/b><\/div>\n
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Etc. etc. etc.<\/b>\u00a0<\/b><\/div>\n

If you like to set up a time and chat with a licensed series 3 broker, please\u00a0<\/b>contact us<\/a>.<\/b><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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

05-18-2018<\/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 June 2018<\/td>\n\u00a0SP500 #ES_F<\/td>\nNasdaq100\u00a0 #NQ_F<\/td>\nDow Jones\u00a0 #YM_F<\/td>\nMini Russell #RTY_F<\/td>\nBitCoin Index #XBT_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2754.42<\/td>\n7027.67<\/td>\n25331<\/td>\n1653.97<\/td>\n9327.70<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2746.83<\/td>\n6992.33<\/td>\n25205<\/td>\n1647.63<\/td>\n8961.14<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2739.42<\/td>\n6952.17<\/td>\n25105<\/td>\n1643.67<\/td>\n8665.60<\/td>\n<\/tr>\n
Pivot<\/td>\n2731.83<\/td>\n6916.83<\/td>\n24979<\/td>\n1637.33<\/td>\n8299.04<\/td>\n<\/tr>\n
Support 1<\/td>\n2724.42<\/td>\n6876.67<\/td>\n24879<\/td>\n1633.37<\/td>\n8003.50<\/td>\n<\/tr>\n
Support 2<\/td>\n2716.83<\/td>\n6841.33<\/td>\n24753<\/td>\n1627.03<\/td>\n7636.94<\/td>\n<\/tr>\n
Support 3<\/td>\n2709.42<\/td>\n6801.17<\/td>\n24653<\/td>\n1623.07<\/td>\n7341.40<\/td>\n<\/tr>\n
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Contract<\/td>\nJune Gold #GC_F<\/td>\nJuly Silver #SI-F<\/td>\nJuly Crude Oil #CL-F<\/td>\nJune\u00a0 Bonds\u00a0 #ZB_F<\/td>\nJune\u00a0 Euro #6E_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1306.9<\/td>\n16.87<\/td>\n74.23<\/td>\n142\u00a0 4\/32<\/td>\n1.1906<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1299.7<\/td>\n16.70<\/td>\n73.41<\/td>\n141 26\/32<\/td>\n1.1859<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1295.7<\/td>\n16.61<\/td>\n72.97<\/td>\n141 20\/32<\/td>\n1.1834<\/td>\n<\/tr>\n
Pivot<\/td>\n1288.5<\/td>\n16.45<\/td>\n72.15<\/td>\n141 10\/32<\/td>\n1.1787<\/td>\n<\/tr>\n
Support 1<\/td>\n1284.5<\/td>\n16.36<\/td>\n71.71<\/td>\n141\u00a0 4\/32<\/td>\n1.1762<\/td>\n<\/tr>\n
Support 2<\/td>\n1277.3<\/td>\n16.19<\/td>\n70.89<\/td>\n140 26\/32<\/td>\n1.1715<\/td>\n<\/tr>\n
Support 3<\/td>\n1273.3<\/td>\n16.10<\/td>\n70.45<\/td>\n140 20\/32<\/td>\n1.1690<\/td>\n<\/tr>\n
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Contract<\/td>\nJuly\u00a0 Corn #ZC_F<\/td>\nJuly Wheat #ZW_F<\/td>\nJuly Beans #ZS_F<\/td>\nJuly SoyMeal #ZM_F<\/td>\nJune Nat Gas #NG_F<\/td>\n<\/tr>\n
Resistance 3<\/td>\n410.6<\/td>\n535.4<\/td>\n1046.50<\/td>\n390.77<\/td>\n2.89<\/td>\n<\/tr>\n
Resistance 2<\/td>\n408.4<\/td>\n528.6<\/td>\n1036.75<\/td>\n387.03<\/td>\n2.87<\/td>\n<\/tr>\n
Resistance 1<\/td>\n405.6<\/td>\n517.9<\/td>\n1031.00<\/td>\n383.07<\/td>\n2.85<\/td>\n<\/tr>\n
Pivot<\/td>\n403.4<\/td>\n511.1<\/td>\n1021.25<\/td>\n379.33<\/td>\n2.83<\/td>\n<\/tr>\n
Support 1<\/td>\n400.6<\/td>\n500.4<\/td>\n1015.5<\/td>\n375.4<\/td>\n2.8<\/td>\n<\/tr>\n
Support 2<\/td>\n398.4<\/td>\n493.6<\/td>\n1005.75<\/td>\n371.63<\/td>\n2.78<\/td>\n<\/tr>\n
Support 3<\/td>\n395.6<\/td>\n482.9<\/td>\n1000.00<\/td>\n367.67<\/td>\n2.76<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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

http:\/\/app.bettertrader.co\u00a0<\/a><\/p>\n\n\n\n
\u00a0\"Economic<\/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. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

____________________________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 ____________________________________________________________________ Dear Traders, Which Market Should I be (day) Trading? 1. Know and follow more than one market. I think one should have familiarity and follow about 5 different markets ( or more depending account size and time) in general. 2. Understand what type of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[230,67],"tags":[1349,18,350,549],"class_list":["post-14283","post","type-post","status-publish","format-standard","hentry","category-day-trading-2","category-future-trading-news","tag-day-trade","tag-day-trading","tag-economic-reports","tag-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14283","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=14283"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14283\/revisions"}],"predecessor-version":[{"id":14286,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/14283\/revisions\/14286"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=14283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=14283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=14283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}