{"id":16821,"date":"2021-05-14T12:14:27","date_gmt":"2021-05-14T20:14:27","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16821"},"modified":"2021-05-14T12:15:04","modified_gmt":"2021-05-14T20:15:04","slug":"weekly-newsletter-1051-options-on-futures-market-pick-on-gold-and-futures-levels-for-the-week-ahead-5-17-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-1051-options-on-futures-market-pick-on-gold-and-futures-levels-for-the-week-ahead-5-17-2021\/","title":{"rendered":"Weekly Newsletter #1051 Options on Futures, Market Pick on Gold and Futures Levels for the Week Ahead 5.17.2021"},"content":{"rendered":"<h1 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1051<\/strong><\/h1>\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 align=\"center\">\n<div>Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001KRg6On04gjknOfysn89cEhkyXgAxXigZc1_AdekBblRz4Cwp2yofkpGH8rpms9Q30D0wjhFS1q8yG11pQf1KRy2bpIyH4uwMgzWcI-wb74TdqgA-DQitbpTeoWmib8qwdH8ve86kM_6EWihst10TitotvFRrtw2C0HgnNGJLkXUXb6ec7AaQGNxU6EuLQxHI&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<div><\/div>\n<div>\n<h2>Trading 102: Options on Futures In Depth Information (Note: When volatility is SO HIGH, options can provide additional ways for possible hedging and alternative speculation &#8211; our brokers will be happy to assist)<\/h2>\n<div><\/div>\n<div><\/div>\n<div style=\"text-align: center;\" align=\"justify\">A comprehensive resource for information on options on futures<\/div>\n<div style=\"text-align: center;\" align=\"justify\">In this section you will read and learn about the following:<\/div>\n<div><\/div>\n<div>*Options Basics<\/div>\n<div><\/div>\n<div>*Options Strategies for Bullish set ups<\/div>\n<div><\/div>\n<div>*Options Strategies for Bearish set ups<\/div>\n<div><\/div>\n<div>*Options Strategies for Neutral set ups<\/div>\n<div><\/div>\n<div>*Selling Options Premium &#8211; an overview<\/div>\n<div><\/div>\n<div>And much more!<\/div>\n<div><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/US-Bonds-acting-as-main-safe-heaven-look-at-options-when-volatility-is-high#one\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"42dd3290-dd7d-11e3-91c2-d4ae529a8639\">Click here and sign up and INSTANTLY get access to the online tutorial<\/a><\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<h2 align=\"center\">Market Pick Review for the Week:<\/h2>\n<\/div>\n<div style=\"text-align: center;\"><\/div>\n<div style=\"text-align: center;\">\n<div>Gold futures finished the trading week with strength. Looking at the\u00a0daily chart below, I like the formation and the strength into the weekly close to confirm two trading signals I personally like:<\/div>\n<div><\/div>\n<div>The Blue arrow (highlighted) and the bars turning green (Highlighted as well)<\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Gold Futures Chart\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/57ddcfab-db19-466a-a342-9e7f0f5d3ff5.png\" alt=\"Gold Futures Chart Outlook\" width=\"1188\" height=\"714\" \/><\/div>\n<\/div>\n<div style=\"text-align: center;\"><\/div>\n<div><\/div>\n<div style=\"text-align: center;\">To access a free trial to the ALGOS shown in the chart along with other tools? (Arrows possible buy\/sell, diamonds = possible exit\/ tighten stops) visit and\u00a0<a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001BbjWa2gk-EhuUTyNRjhB4qMAeVxMboX2qK1DaWeG5sUG1wmh2k8xd2KmX1e3JAIMr6OdrJ2rBzdiEi7hpFguxV2WSDeN60u4VDAhI6OPHGGRVP3kG7twfVW5amPlGtXPVxU2Luuvz-SCIBN_3j9CtZS3piA7Wc1LteG6APiICPonnzR7pKG4LQAlKgGU4XjAGGgZh8xgQ1BXUE1ZPU4wUQ==&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">sign up for a free trial\u00a0<\/a>for 21 days with real-time data.<\/div>\n<div style=\"text-align: center;\">\n<div><\/div>\n<div style=\"text-align: left;\"><strong style=\"text-align: start;\">Good Trading<\/strong><\/div>\n<\/div>\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>5-17-2021<\/p>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/daa8fd05-1395-40f2-8733-110113bf806a.png\" alt=\"\" title=\"\"><\/p>\n<h2>Weekly Levels<\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9c278413-cad6-444a-a654-a99d7d311c35.png\" alt=\"\" title=\"\"><\/p>\n<h3><\/h3>\n<h3>Reports, First Notice (FN), Last trading (LT) Days for the Week:<\/h3>\n<p><a href=\"https:\/\/mrci.com\" target=\"_blank\" rel=\"noopener\">https:\/\/mrci.com<\/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\">Date Reports\/Expiration Notice Dates<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/11f172f5-d396-4747-9bad-ca36f66611c0.jpg\" 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 herein 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 judgment in trading<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cannon Futures Weekly Newsletter Issue # 1051 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\/ Trading 102: Options on Futures In Depth Information (Note: When volatility is SO HIGH, options can provide additional ways for possible hedging [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1379,1334],"tags":[588,363,1024,137,136,979,978],"class_list":["post-16821","post","type-post","status-publish","format-standard","hentry","category-weekly-newsletter","category-gold-futures","tag-daily-gold-chart","tag-futures-options","tag-futures-options-101","tag-futures-options-trading","tag-futures-options-trading-strategies","tag-gold-chart","tag-gold-chart-for-review"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16821","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=16821"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16821\/revisions"}],"predecessor-version":[{"id":16827,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16821\/revisions\/16827"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}