{"id":16268,"date":"2020-09-17T13:23:15","date_gmt":"2020-09-17T21:23:15","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16268"},"modified":"2020-09-17T13:23:15","modified_gmt":"2020-09-17T21:23:15","slug":"quadruple-witching-tomorrow-trading-levels-9-18-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/quadruple-witching-tomorrow-trading-levels-9-18-2020\/","title":{"rendered":"Quadruple Witching Tomorrow&#8230;. &#038; Trading Levels 9.18.2020"},"content":{"rendered":"<p><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">_________________________________________________<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">Voted #1 Blog and #1 Brokerage Services on\u00a0<a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001U36v1hvtg4O6nrUU85R1W6sfGPKX0ynnFA_D82LpdwBdzw7hFFBsXcDEWOPaVpkBRhG4iwIIEW8dl5sm-Zy6FHhgwdfYQHIB3uhsIL_ukid7tjqwraQ_BoF0xII0Paftq6h0c0xvDjjkGFYQaQXS_PzGm2ZRdaCn-W0INLJ9pmxzYrJ3TUyLrKnbAV5ra33oeleZTVoQEDQ=&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener\">TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><em><b><span style=\"font-family: 'Georgia',serif; color: #333333;\">_________________________________________________<\/span><\/b><\/em><\/p>\n<p>Dear Traders,<\/p>\n<div align=\"left\">\n<div align=\"center\">\n<div align=\"center\">Like us on FaceBook!<\/div>\n<div align=\"center\"><a href=\"http:\/\/www.facebook.com\/CannonTrading\" target=\"_blank\" rel=\"noopener noreferrer\" shape=\"rect\">www.facebook.com\/CannonTrading<\/a><\/div>\n<\/div>\n<\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"center\">\n<div align=\"center\">Get Real Time updates and\u00a0<a href=\"https:\/\/twitter.com\/CannonTrading\" target=\"_blank\" rel=\"noopener noreferrer\">market alerts on Twitter!<\/a><\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div>\n<div>Quadruple witching tomorrow&#8230;.<\/div>\n<div><\/div>\n<div>Futures, futures options, stock options and single stocks all expire tomorrow morning right on the open of the stock market.<\/div>\n<div><\/div>\n<div>Keep in mind that September mini SP and it&#8217;s relatives ( mini Dow, mini Nasdaq etc.) EXPIRE tomorrow and cash settle based on special\u00a0settlement\u00a0price&#8230;.Markets can get\u00a0volatile\u00a0tomorrow morning right\u00a0before\u00a0and around the open.<\/div>\n<div><\/div>\n<div>The September contract will simply cease to trade. If you have not switched\u00a0to December yet, now is the time&#8230;..<\/div>\n<div><\/div>\n<div>Know the rules, understand current margins, know where the circuit breakers are\/ limit moves.<\/div>\n<div><\/div>\n<div>Figure out your max risk.<\/div>\n<div><\/div>\n<div>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\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">stormy ocean without a life vest&#8230;..<\/a><\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<div><a href=\"https:\/\/www.cannontrading.com\/community\/small-exchange\" target=\"_blank\" rel=\"noopener noreferrer\">US Dollar: Buy or Sell?<\/a><\/div>\n<div><\/div>\n<div>The path for USD has been rocky since its highs of mid-March, but the degree of rockiness depends on the path you\u2019re taking. Continued complications around Brexit have now sent the pound (GBP) lower against the dollar on the year, while the euro\u2019s (EUR) take on this news has been mostly bullish. Then there\u2019s the yen (JPY) that is trying to find out what exactly Japan\u2019s new prime minister, Yoshihide Suga, might mean for the BOJ.<\/div>\n<\/div>\n<div><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9c0c3213-d872-40ff-815f-794fe2972fd9.png\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div>\n<div>Euro-Pound Push and Pull<\/div>\n<div><\/div>\n<div>If the trend around Brexit continues, then the pound and euro will cancel each other out and leave little in the way of a US Dollar reaction; and the same goes for this one-off news story that\u2019s specific to Japan and its currency. So what\u00a0will\u00a0move the dollar?<\/div>\n<\/div>\n<div><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/fc251d51-5687-487d-ae80-c20514817521.png\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div>\n<div>What Will Move the Dollar?<\/div>\n<div><\/div>\n<div>Interest rates are still hugging 0%, which makes the next move either into negative territory or higher to normal ranges.\u00a0<a href=\"https:\/\/www.cannontrading.com\/community\/small-exchange\" target=\"_blank\" rel=\"noopener noreferrer\">Those thinking the former is in play might look at a bearish<\/a><a href=\"https:\/\/www.cannontrading.com\/community\/small-exchange\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0Small US Dollar (SFX) futures position<\/a><a href=\"https:\/\/www.cannontrading.com\/community\/small-exchange\" target=\"_blank\" rel=\"noopener noreferrer\">,<\/a>\u00a0while those in the latter group could employ their ideas by trading the dollar from the long side. Finally, the upcoming election creates potential for USD movement. The election of Donald Trump, a republican, on November 8, 2016, was met by a 1% rally in the dollar the following day and a 6% rise for the rest of the year.\u00a0<a href=\"https:\/\/www.cannontrading.com\/community\/small-exchange\" target=\"_blank\" rel=\"noopener noreferrer\">SFX could see some volatility as November nears.<\/a><\/div>\n<div><\/div>\n<div>\u00a9 2020 Small Exchange, Inc. All rights reserved. Small Exchange, Inc. is a Designated Contract Market registered with the U.S. Commodity Futures Trading Commission. The information in this advertisement is current as of the date noted, is for informational purposes only, and does not contend to address the financial objectives, situation, or specific needs of any individual investor. Trading futures involves the risk of loss, including the possibility of loss greater than your initial investment.<\/div>\n<\/div>\n<div>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"center\">\n<div style=\"text-align: center;\">\n<div style=\"text-align: start;\" align=\"center\"><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<\/div>\n<div><\/div>\n<div style=\"text-align: center;\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div>\n<div align=\"center\"><\/div>\n<\/div>\n<\/div>\n<h3 style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\"><strong>Good Trading<\/strong><\/h3>\n<p style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px;\">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<p>&nbsp;<\/p>\n<h3><strong>Futures Trading Levels<\/strong><\/h3>\n<p>9-18-2020<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/0f209aaa-b1b9-4b72-a0f1-e11a7939de19.png\" alt=\"\" title=\"\"><\/p>\n<h3><\/h3>\n<h3><strong>Economic Reports, source:\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/BetterTrader.co\" target=\"_blank\" rel=\"noopener\">https:\/\/BetterTrader.co<\/a><\/p>\n<div class=\"pagearrange__layout-row full\" data-row=\"1\">\n<div class=\"pagearrange__layout-column pagearrange__layout-column--full full\" data-column=\"0\">\n<div class=\"pagearrange__layout-cell\" data-cell=\"0\" data-compid=\"Calendar_Copy1\">\n<div class=\"flexShell\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/24a3c637-47fb-417a-8d61-9f65e08b7cf7.png\" alt=\"\" title=\"\"><\/p>\n<p>This is not a solicitation of any order to buy or sell, but a current market view provided by <a href=\"https:\/\/www.cannontrading.com\/company\/about\">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":"<p>_________________________________________________ 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! Quadruple witching tomorrow&#8230;. Futures, futures options, stock options and single stocks all expire tomorrow morning right on the open of the stock market. Keep in mind that September mini [&hellip;]<\/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-16268","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\/16268","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=16268"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16268\/revisions"}],"predecessor-version":[{"id":16269,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16268\/revisions\/16269"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}