{"id":17774,"date":"2022-06-03T12:08:56","date_gmt":"2022-06-03T20:08:56","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17774"},"modified":"2022-06-03T12:08:56","modified_gmt":"2022-06-03T20:08:56","slug":"weekly-newsletter-1100-futures-spreads-101-trading-levels-for-the-week-ahead","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-1100-futures-spreads-101-trading-levels-for-the-week-ahead\/","title":{"rendered":"Weekly Newsletter 1100: Futures Spreads 101 + Trading Levels for the Week Ahead"},"content":{"rendered":"<h1 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1100<\/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 align=\"center\"><\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<div align=\"center\"><\/div>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<div>\n<h1>Enhance Your Trading,\u00a0<a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Futures-Spreads-101-A-quick-look-into-the-use-of-futures-and-commodities-spreads\" target=\"_blank\" rel=\"noopener noreferrer\">Futures Spreads 101<\/a><\/h1>\n<div>By John Thorpe, Senior Broker<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">Futures spreads are a way to get involved in trending markets at a lower margin cost and often times can give the trader staying power to last weeks if not months. If you were thinking about entering the\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/energies\/WTI-Light-Sweet-Crude-Oil-Futures\" target=\"_blank\" rel=\"noopener noreferrer\">Crude market<\/a>, or the\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Wheat-Futures\" target=\"_blank\" rel=\"noopener noreferrer\">Grain markets<\/a>\u00a0but were psyched out by the volatility of an outright long or short futures position.\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/the-seasons-of-the-futures-market\" target=\"_blank\" rel=\"noopener noreferrer\">Futures Time Spreads or Calendar spreads<\/a>\u00a0where the trader goes long one month and simultaneously goes short another month of the same commodity is a way to engage your margin dollars in a trend.<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">We use the futures contract symbol, in the case of\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Corn-Futures\" target=\"_blank\" rel=\"noopener noreferrer\">Soybeans ZS then FTS for futures Time Spread ZS FTS +N22,-Z22<\/a>\u00a0if you look at the chart the symbol is highlighted upper left and the current price is 1.78 or $1.78 cents. that is the differential between the two contracts most recent prices today<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\">Some advantages of using a spread are:<\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Futures-Spreads-101-A-quick-look-into-the-use-of-futures-and-commodities-spreads\" target=\"_blank\" rel=\"noopener noreferrer\">FINISH READING ARTICLE ALONG WITH CHART SAMPLES<\/a><\/div>\n<\/div>\n<div><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f0639851-2b72-4ed8-ba26-fd0ee91282f6.png\" alt=\"Soybean Futures Time Spread\" width=\"1109\" height=\"652\" title=\"\"><\/div>\n<div><\/div>\n<div style=\"text-align: left;\">\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: left; 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<h3 style=\"text-align: left;\"><strong>Futures Trading Levels<\/strong><\/h3>\n<p style=\"text-align: left;\">06-06-2022<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/973f0950-4e17-4aac-ad3a-da0c5331b21e.jpg\" alt=\"Futures Support and Resistance Levels 6.06.2022\" width=\"615\" height=\"748\" title=\"\"><\/p>\n<h2 style=\"text-align: left;\">Weekly Levels<\/h2>\n<h3 style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/be2cef63-bf53-41e5-be07-efff044bc948.jpg\" alt=\"Weekly Support &amp; Resistance Levels 6.06-6.10.2022\" width=\"608\" height=\"346\" title=\"\"><\/h3>\n<h3><\/h3>\n<h3 style=\"text-align: left;\">Reports, First Notice (FN), Last trading (LT) Days for the Week:<\/h3>\n<p style=\"text-align: left;\"><a href=\"https:\/\/mrci.com\" target=\"_blank\" rel=\"noopener\">https:\/\/mrci.com<\/a><\/p>\n<div class=\"pagearrange__layout-row full\" style=\"text-align: left;\" 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><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ae4bb280-313e-4b84-98df-53d1e3f9c028.jpg\" alt=\"MRCI Report 6.03-6.13.2022\" width=\"609\" height=\"551\" title=\"\"><\/div>\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p style=\"text-align: left;\">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 # 1100 Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Enhance Your Trading,\u00a0Futures Spreads 101 By John Thorpe, Senior Broker Futures spreads are a way to get involved in trending markets at a lower margin cost and often times can give the trader [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1379,238],"tags":[],"class_list":["post-17774","post","type-post","status-publish","format-standard","hentry","category-weekly-newsletter","category-grain-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17774","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=17774"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17774\/revisions"}],"predecessor-version":[{"id":17777,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17774\/revisions\/17777"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}