{"id":17806,"date":"2022-06-17T12:26:24","date_gmt":"2022-06-17T20:26:24","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17806"},"modified":"2022-06-17T12:28:00","modified_gmt":"2022-06-17T20:28:00","slug":"weekly-newsletter-1102-identifying-trend-days-bullish-bearish-futures-trading-levels-for-the-week-ahead","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-1102-identifying-trend-days-bullish-bearish-futures-trading-levels-for-the-week-ahead\/","title":{"rendered":"Weekly Newsletter 1102: Identifying Trend Days (Bullish\/Bearish), Futures Trading Levels for the Week Ahead"},"content":{"rendered":"<h1 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1102<\/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 style=\"text-align: left;\"><\/div>\n<div align=\"center\">\n<h1 align=\"center\">Trading 102: Identifying Trend Days (Bullish\/Bearish)<\/h1>\n<div align=\"center\"><\/div>\n<div>This Article Was Contributed By 3rd Party. The Logic Behind The Article Is Valuable In Our Opinion And Provides You, The Trader, Another Possible Trading Tool To Explore.<\/div>\n<div><\/div>\n<div>By: David Dube Of\u00a0<a href=\"http:\/\/polaristradinggroup.com\/about\/\" target=\"_blank\" rel=\"noopener noreferrer\">Polaris Trading Group<\/a><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Identifying-Trend-Days-Bullish-and-Bearish\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"42dd3290-dd7d-11e3-91c2-d4ae529a8639\">For a free 30 day pass to David&#8217;s trading room, fill out the short information at the bottom of this page<\/a><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">Trend days often begin as strong upside (gap) breakouts that never get filled. Typically volatility and volume expand suggesting the move has significant participation from large (Other Time Frame) traders. Once the move is initiated price continues to trade above the market\u2019s Volume Weighted Average Price (VWAP) and itself trends in direction of breakout. Since VWAP is trending this implies that traders are accepting \u201cexpanding value\u201d.<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/202108\/DubeA.png\"><img decoding=\"async\" src=\"https:\/\/www.cannontrading.com\/community\/newsletter\/202108\/DubeA.png\" alt=\"\" title=\"\"><\/a><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">Momentum and breadth Indicators will be skewed\u2026Downside breakouts will be associated with high Cumulative NYSE Tick reading maintaining below zero-line with shallow pullbacks during the session. This tells us that, on balance, more stocks are trading on downticks versus upticks: (bearish case\u2026sellers are in control). Additional breadth indicators to consider are Advance\/Decline Ratio and Cumulative Volume Delta.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/202108\/DubeB.png\"><img decoding=\"async\" src=\"https:\/\/www.cannontrading.com\/community\/newsletter\/202108\/DubeB.png\" alt=\"\" title=\"\"><\/a><\/div>\n<div><\/div>\n<div style=\"text-align: center;\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Identifying-Trend-Days-Bullish-and-Bearish\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"42dd3290-dd7d-11e3-91c2-d4ae529a8639\">&#8230;.Finish reading rest of the article ( along with optional free pass to David&#8217;s trading Room) Please click here.<\/a><\/div>\n<div><\/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;\">06-20-2022<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/e54230eb-1a2f-4ea3-b292-a36ac726a6dd.jpg\" alt=\"Futures Support and Resistance Levels 6.20.2022\" width=\"611\" height=\"750\" 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\/a2978529-0c43-41ba-9d44-ed68a3113c7a.jpg\" alt=\"Weekly Futures Support Resistance Levels\" width=\"613\" height=\"348\" 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><\/div>\n<div><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/96d11183-7475-43d9-b663-0f6fdd98e08f.jpg\" alt=\"MRCI Reports 6.20-6.24\" width=\"615\" height=\"763\" title=\"\"><\/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 # 1102 Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Trading 102: Identifying Trend Days (Bullish\/Bearish) This Article Was Contributed By 3rd Party. The Logic Behind The Article Is Valuable In Our Opinion And Provides You, The Trader, Another Possible Trading Tool To [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,1379],"tags":[],"class_list":["post-17806","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-weekly-newsletter"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17806","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=17806"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17806\/revisions"}],"predecessor-version":[{"id":17807,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17806\/revisions\/17807"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}