{"id":16834,"date":"2021-05-19T12:20:58","date_gmt":"2021-05-19T20:20:58","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=16834"},"modified":"2021-05-19T12:20:58","modified_gmt":"2021-05-19T20:20:58","slug":"extremely-high-intraday-volatility-es-chart-review-support-and-resistance-levels-5-20-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/extremely-high-intraday-volatility-es-chart-review-support-and-resistance-levels-5-20-2021\/","title":{"rendered":"Extremely High Intraday Volatility, ES Chart Review &#038; Support and Resistance Levels 5.20.2021"},"content":{"rendered":"<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: 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>\n<div style=\"text-align: center;\">\n<div><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: center;\">\n<div>Intraday Volatility in stock index futures is extremely high. Actually across many markets BTC futures leading the volatility but metals, energies and grains have seen higher volatility. I noticed the stock index futures today as i was actively monitoring and trading with some clients and saw the ES make 20 points moves and more, BOTH ways in the same 15 minutes&#8230;.Intraday chart for illustration below.<\/div>\n<div><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/tools\/survivor-day-trader\" target=\"_blank\" rel=\"noopener noreferrer\">Risk management and trade management become more important than buy\/sell signals.<\/a><\/div>\n<div align=\"center\"><\/div>\n<ol>\n<li>Learn to reduce trading size. Perhaps trade smaller contracts like the micros.<\/li>\n<li>Adjust stops and entries based on volatility ( ATR\/ Parabolics).<\/li>\n<li>Be extra picky on entries without chasing trades.<\/li>\n<li>Understand that loses are part of trading and this is definitely not a good time to \u201cfight the markets\u201d.<\/li>\n<li>Focus more on risk management and ways to protect certain positions as needed. Survive to trade another day.<\/li>\n<\/ol>\n<div align=\"center\"><\/div>\n<div align=\"center\">Markets are moving extremely fast and at times quoting systems, platforms can\u2019t even keep up.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">The risk is MUCH GREATER than I have seen, yet some traders look for it.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">That is ok, as long as you :<\/div>\n<div align=\"center\">Know the rules, understand current margins, know where the circuit breakers are\/ limit moves.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">Figure out your max risk.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">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\u2026..<\/div>\n<\/div>\n<div style=\"text-align: center;\"><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" title=\"Mini S&amp;P 10 Minute continuation chart\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/5ec17b63-50a4-48b5-b335-e221dcb5b4d0.png\" alt=\"Mini S&amp;P 10 Minute continuation chart\" width=\"939\" height=\"944\" \/><\/div>\n<div style=\"text-align: center;\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"center\"><\/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>5-20-2021<\/p>\n<div style=\"text-align: left;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/8bcc91c7-eeaa-4466-81df-c0939a4d764b.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<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/c1113e72-a53c-4a47-8f27-faf4e7b8d34a.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>Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Intraday Volatility in stock index futures is extremely high. Actually across many markets BTC futures leading the volatility but metals, energies and grains have seen higher volatility. I noticed the stock index futures today as i was [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1378],"tags":[],"class_list":["post-16834","post","type-post","status-publish","format-standard","hentry","category-sp-500"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16834","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=16834"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16834\/revisions"}],"predecessor-version":[{"id":16835,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/16834\/revisions\/16835"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=16834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=16834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=16834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}