{"id":17316,"date":"2021-11-29T13:36:15","date_gmt":"2021-11-29T21:36:15","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17316"},"modified":"2021-11-29T13:36:15","modified_gmt":"2021-11-29T21:36:15","slug":"new-covid-variant-looms-and-markets-react-w-extreme-volatility-support-and-resistance-levels-11-30-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/new-covid-variant-looms-and-markets-react-w-extreme-volatility-support-and-resistance-levels-11-30-2021\/","title":{"rendered":"New COVID Variant Looms and Markets React w\/ Extreme Volatility, Support and Resistance Levels 11.30.2021"},"content":{"rendered":"<p>Dear Futures Trader,<\/p>\n<div style=\"text-align: center;\">\n<div><\/div>\n<\/div>\n<div>\n<div><\/div>\n<div style=\"text-align: center;\">Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div style=\"text-align: center;\"><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><\/div>\n<div style=\"text-align: center;\"><\/div>\n<div><\/div>\n<div style=\"text-align: center;\">\n<h1 align=\"justify\">On Friday, Omicron, the new COVID-19 variant took the oxygen out of newsrooms.<\/h1>\n<div align=\"justify\">Detected first in South Africa, this mutation is being described as potentially more contagious than the Delta variant. It is unknown whether the currently available vaccines will provide protection from it.<\/div>\n<div><\/div>\n<div>The result was one of the most post Thanksgiving Friday trading session I have seen in over 22 years!<\/div>\n<div><\/div>\n<div>Intraday Volatility in stock index futures is extremely high. Actually across many markets BTC futures leading the volatility but metals, energies ( Natural Gas down 11% today!!) and grains have seen higher volatility.<\/div>\n<div><\/div>\n<div><\/div>\n<div><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><\/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<li>Consider possibly utilizing short term options rather than futures.<\/li>\n<\/ol>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>The risk is MUCH GREATER than I have seen, yet some traders look for it.<\/div>\n<div>That is ok, as long as you :<\/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 stormy ocean without a life vest\u2026..<a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">At any time, feel free to contact us with questions\/feedback\/resources.<\/a><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/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>11-30-2021<\/p>\n<div><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ae96c0e9-2b4b-47ed-af11-45eccc208664.png\" alt=\"\" title=\"\"><\/p>\n<h3><a href=\"http:\/\/www.forexfactory.com\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, source:\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/bettertrader.co\/\" target=\"_blank\" rel=\"noopener\">https:\/\/bettertrader.co\/\u00a0<\/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\">\n<div id=\"flexBox_flex_calendar_mainCalCopy1\" class=\"flexBox calendar\" data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9a3a32ef-c082-464b-8541-2a07a4cdda1b.png\" alt=\"\" title=\"\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\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>Dear Futures Trader, Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ On Friday, Omicron, the new COVID-19 variant took the oxygen out of newsrooms. Detected first in South Africa, this mutation is being described as potentially more contagious than the Delta variant. It is unknown whether the currently available vaccines will provide [&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":[1399,1400,877,704,516,1442,1443,424,537],"class_list":["post-17316","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-covid","tag-covide-19","tag-future-trading-volatility","tag-futures-indices-volatility","tag-high-market-volatility","tag-risk-management","tag-trading-risk","tag-volatile-markets","tag-volatility-in-the-markets"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17316","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=17316"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17316\/revisions"}],"predecessor-version":[{"id":17322,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17316\/revisions\/17322"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}