{"id":17393,"date":"2021-12-22T13:02:10","date_gmt":"2021-12-22T21:02:10","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17393"},"modified":"2021-12-22T13:02:10","modified_gmt":"2021-12-22T21:02:10","slug":"2021-key-takeaways-christmas-holiday-trading-schedule-support-and-resistance-levels-12-23-2021","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/2021-key-takeaways-christmas-holiday-trading-schedule-support-and-resistance-levels-12-23-2021\/","title":{"rendered":"2021 Key Takeaways, Christmas Holiday Trading Schedule &#038; Support and Resistance Levels 12.23.2021"},"content":{"rendered":"<div align=\"center\">\n<div align=\"justify\">\n<div><\/div>\n<div>\n<div align=\"justify\">\n<div><\/div>\n<div style=\"text-align: center;\" align=\"justify\">\n<div align=\"center\">Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div 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>\n<\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<h3><\/h3>\n<div style=\"text-align: center;\">\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/christmas-2021-holiday-schedule-for-the-cme-globex-and-ice-exchange\/\" target=\"_blank\" rel=\"noopener noreferrer\">CME Group &#8211; Christmas Holiday Trading Schedule<\/a><\/div>\n<div><\/div>\n<div>Thursday, December 23, 2021\u00a0&#8211;\u00a0Normal Market Close Time.\u00a0\u00a0However, since the markets will remain closed until Sunday &#8211; we will require\u00a0*Any open positions must meet Exchange Maintenance Margin 15 minutes before the market close (3:45 pm CST).<\/div>\n<h1 align=\"center\"><\/h1>\n<h1 align=\"center\">2021 Key Takeaways with Craig Bewick of the CMEGroup.com<\/h1>\n<div><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">What a year it\u2019s been\u2026 again.\u00a0Even though there are still 7 more trading days left in 2021, and much could change in the next 7 trading days, we decided to take an assessment of where we\u2019ve come since 12\/31\/2020.<\/div>\n<div align=\"center\"><\/div>\n<ul>\n<li>S&amp;P 500 and Nasaq-100 futures prices were up by over 20%; E-mini S&amp;P 500 options implied volatility is trading at just about the same level as it was a year ago<\/li>\n<li>Even though it\u2019s trading well off its highs of the year, WTI Crude Oil futures prices are up by nearly 50%<\/li>\n<li>Gold futures prices were a bit \u201crange bound\u201d this year.\u00a0However, if we look\u00a0at implied volatility as one measure of potential price movement, the average closing 30-day implied volatility in 2021 was nearly equal to the average closing level since December of 2011.\u00a0Also, if we look at it by year, the average closing level in 2021 was 14.2%; higher than 2017 (10.7%), 2018 (9.8%) and 2019 (10.8%).<\/li>\n<li>US Treasury yields increased.\u00a0The 10-Year yield is up from under 1% to nearly 1.5%.\u00a0We used data from the St. Louis Fed to get the 12\/31\/21 value and compared it to the current 10-Year Micro Yield futures price so it\u2019s not perfect, but does provide an indication of the yield increase.\u00a0Of course, as Jim Iuorio pointed out in a recent Yield Insights video that was published here, the last time inflation readings were at the current levels, the 10-Year yield was near 12%.<\/li>\n<li>Soybean futures prices, after a year of historic volatility, wound up almost unchanged on the year.\u00a0We downloaded data from QuikStrike to verify this and included the graph below in which the orange line depicts the price level at the beginning and end of the year.<\/li>\n<li>Natural Gas futures prices have also been characterized by historic volatility and, even though they are trading well below this year\u2019s high levels, are still 50% higher than a year ago<\/li>\n<li>In a year that saw CME launch several new cryptocurrency products, Bitcoin has increased in price by about 66% and implied volatility, while still among the highest compared to other CME options products, has come down from over 100% to about 78%<\/li>\n<\/ul>\n<div align=\"center\">So, in a year that was not short of potentially market moving headlines and seemingly as more questions than answers remain, we hope all of our In FOCUS readers have enjoyed our daily commentary.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">We wish everyone a very happy and healthy holiday season and good trading year in 2022.<\/div>\n<div align=\"center\"><a href=\"https:\/\/go.cmegroup.com\/e\/502091\/sletter-utm-kxconfid-vpwpdpbbo\/3xfsm5j\/1184374789?h=4UlCPNRkknx451lxhR0PAEZCHr0anvWMy-lExAQ-_ts\" target=\"_blank\" rel=\"noopener noreferrer\">View the chart here<\/a><\/div>\n<div align=\"center\">Craig Bewick\u00a0has spent 25 years in futures and options markets, starting at CBOT and CME working in risk management, regulatory, technology, product management and client development.<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<div align=\"center\">\n<div>\n<div align=\"center\">\n<h1 align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/christmas-2021-holiday-schedule-for-the-cme-globex-and-ice-exchange\/\" target=\"_blank\" rel=\"noopener noreferrer\">Christmas Holiday Schedule 2021 for the CME<\/a><\/h1>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f5707260-3c01-4089-9c0f-7b0bc39bded5.png\" alt=\"\" title=\"\"><\/div>\n<p>&nbsp;<\/p>\n<div align=\"center\">\n<p>&nbsp;<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p>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>12-23-2021<\/p>\n<div><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/67aa5ff4-6694-429e-940b-76f428fbaa8f.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=\"[]\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/7ad6de7d-716c-4612-a977-bbbad1cd279a.png\" alt=\"\" title=\"\"><\/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\u00a0<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>Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ CME Group &#8211; Christmas Holiday Trading Schedule Thursday, December 23, 2021\u00a0&#8211;\u00a0Normal Market Close Time.\u00a0\u00a0However, since the markets will remain closed until Sunday &#8211; we will require\u00a0*Any open positions must meet Exchange Maintenance Margin 15 minutes before the market close (3:45 pm CST). 2021 Key [&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":[152,642,1245,307,227,778,883,559,576,777],"class_list":["post-17393","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-christmas-holiday-futures-trading-schedule","tag-christmas-holiday-futures-trading-times","tag-christmas-holiday-trading-schedule","tag-commodity-futures-trading-tips","tag-day-trading-tips","tag-future-trading-tips","tag-futures-day-trading-tips","tag-helpful-futures-trading-tips","tag-trading-lessons","tag-trading-tips"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17393","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=17393"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17393\/revisions"}],"predecessor-version":[{"id":17395,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17393\/revisions\/17395"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}