{"id":16660,"date":"2021-03-17T12:27:09","date_gmt":"2021-03-17T20:27:09","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16660"},"modified":"2021-03-17T12:28:52","modified_gmt":"2021-03-17T20:28:52","slug":"16660-2","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/16660-2\/","title":{"rendered":"ES Tick Chart Review &#038; Support and Resistance Levels 3.18.2020"},"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\">\n<p class=\"ql-align-center\">Get Real Time updates and\u00a0more on our private FB group!<\/p>\n<p class=\"ql-align-center\"><a href=\"https:\/\/business.facebook.com\/groups\/1105191589938254\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/p>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: center;\">\n<div>\n<div>\n<div>\n<div>FOMC days are definitely different type of trading days!<\/div>\n<div><\/div>\n<div>Quiet choppy pre FOMC and then volatile, two sided action followed by a small sell off and then a sharp rally.<\/div>\n<div><\/div>\n<div>Write some notes in your trading journal. What the market did, how did you react, as much insight as you can so before the next FOMC meeting you can look back and use the notes for better trading.<\/div>\n<div><\/div>\n<div>Intraday ES ( mini SP500 ) chart below for your review.<\/div>\n<div>Note the chart is a RANGE BAR chart, 12 ticks range bars in this case, covering the action from the actual announcement.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Emini ES Tick Chart\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/2ae6b3bd-8000-4deb-b86b-45c8ad180072.png\" alt=\"Emini ES Tick Chart\" width=\"923\" height=\"960\" \/><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/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>3-18-2021<\/p>\n<div style=\"text-align: left;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/62efb867-27e4-443f-83b1-425e07a37bd8.png\" alt=\"\" title=\"\"><\/div>\n<h3><\/h3>\n<h3><strong>Economic Reports, source:\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/www.forexfactory.com\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"436d64a0-dd7d-11e3-91c2-d4ae529a8639\">\u00a0<\/a><a href=\"https:\/\/www.bettertrader.co\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.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\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/5d6c6dc0-c29c-4ee7-9630-d8965db91d06.png\" alt=\"\" title=\"\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/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! Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ FOMC days are definitely different type of trading days! Quiet choppy pre FOMC and then volatile, two sided [&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":[368,584,102,112],"class_list":["post-16660","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-eminis","tag-equities-futures","tag-mini-sp-500","tag-mini-sp-chart"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16660","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=16660"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16660\/revisions"}],"predecessor-version":[{"id":16663,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16660\/revisions\/16663"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}