{"id":15926,"date":"2020-03-19T12:28:17","date_gmt":"2020-03-19T20:28:17","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=15926"},"modified":"2020-03-20T06:35:19","modified_gmt":"2020-03-20T14:35:19","slug":"quadruple-witching-tomorrow-crude-oil-daily-chart-trading-levels-3-20-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/quadruple-witching-tomorrow-crude-oil-daily-chart-trading-levels-3-20-2020\/","title":{"rendered":"Quadruple Witching Tomorrow, Crude Oil Daily Chart & Trading Levels 3.20.2020\u00a0"},"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

Dear Traders,<\/p>\n

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In response to the heightened volatility experienced in WTI Crude Oil (CL), E-mini Crude Oil (QM), Brent Last Day Financial Futures (BZ), and associated products, CME Group increased the Dynamic Circuit Breaker Levels as noted below, effective immediately:<\/div>\n
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\u2022 WTI Crude Oil Futures (CL) from 7% to 15%<\/div>\n
\u2022 E-mini Crude Oil Futures (QM) from 7% to 15%<\/div>\n
\u2022 Brent Last Day Financial Futures (BZ) from 7% to 15%<\/div>\n
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Quadruple witching tomorrow….<\/div>\n
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Futures, futures options, stock options and single stocks all expire tomorrow morning right on the open of the stock market.<\/div>\n
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Keep in mind that March mini SP and it’s relatives ( mini Dow, mini Nasdaq etc.) EXPIRE tomorrow and cash settle based on special\u00a0settlement\u00a0price….Markets can get\u00a0volatile\u00a0tomorrow morning right\u00a0before\u00a0and around the open.<\/div>\n
The March contract will simply cease to trade. If you have not switched\u00a0to June yet, now is the time…..<\/div>\n
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To add a little more fuel to the fire….it may get pretty messy if the market is locked limit up or down from the overnight…..<\/div>\n
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Know the rules, understand current margins, know where the circuit breakers are\/ limit moves.<\/div>\n
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Figure out your max risk.<\/div>\n
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After you do all that, feel free to trade but jumping in and trying to trade without the basic knowledge above is like jumping into a stormy ocean without a life vest…..<\/div>\n
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LIMITS guidelines<\/a>\u00a0visit: https:\/\/www.cmegroup.com\/trading\/equity-index\/faq-sp-500-price-limits.html<\/a><\/div>\n
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Overnight limit,\u00a0can’t trade below but can trade above.<\/div>\n
-5%<\/div>\n
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Intra day<\/div>\n
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-7% Trading Halt 15 mins<\/div>\n
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-13% Trading Halt 15 mins<\/div>\n
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-20% Closed for rest of day<\/div>\n<\/div>\n
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Daily Crude Oil chart below for your review!\u00a0Sign up for the diamonds indicators here!<\/a>\u00a0( red diamond = potential sell)<\/div>\n<\/div>\n
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Good Trading<\/strong><\/h3>\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 when it comes to Futures Trading.<\/p>\n

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Futures Trading Levels<\/strong><\/h3>\n

03-20-2020<\/p>\n

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Did you know?<\/div>\n
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Cannon will\u00a0Match or Beat Your Current Commission Rates!<\/a><\/div>\n
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Cannon offers o<\/a>ver 12 TRADING PLATFORMS\u00a0CLICK HERE<\/a>\u00a0for a demo<\/div>\n
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Cannon offers\u00a0<\/a>extensive trading education for FREE<\/a>. Browse resources here<\/a>.<\/div>\n


\n<\/a>Economic Reports, source:\u00a0<\/strong><\/h3>\n
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https:\/\/bettertrader.co<\/a><\/div>\n<\/div>\n
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Order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. 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, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! In response to the heightened volatility experienced in WTI Crude Oil (CL), E-mini Crude Oil (QM), Brent Last Day Financial Futures (BZ), and associated products, CME Group increased the […]<\/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":[],"class_list":["post-15926","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15926","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=15926"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15926\/revisions"}],"predecessor-version":[{"id":15927,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15926\/revisions\/15927"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=15926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=15926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=15926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}