{"id":18028,"date":"2022-10-07T12:12:02","date_gmt":"2022-10-07T20:12:02","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18028"},"modified":"2022-10-07T12:12:02","modified_gmt":"2022-10-07T20:12:02","slug":"weekly-newsletter-1118-try-our-in-house-created-family-of-technical-studies-levels-for-october-10th-2022","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-1118-try-our-in-house-created-family-of-technical-studies-levels-for-october-10th-2022\/","title":{"rendered":"Weekly Newsletter 1118: Try our In-House Created Family of Technical Studies+ Levels for October 10th 2022"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1118<\/strong><\/h3>\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>\n<\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div align=\"justify\"><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<h3 align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener noreferrer\">Try our in-house<\/a>\u00a0created family of technical studies<\/h3>\n<div align=\"center\"><\/div>\n<div align=\"justify\"><\/div>\n<div><\/div>\n<ul>\n<li>Identify BUY and SELL signals<\/li>\n<li>Plug into your own charts<\/li>\n<li>Select your own market and timeframe<\/li>\n<\/ul>\n<div><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener noreferrer\">Free 3-week trial<\/a>\u00a0includes\u00a0<a href=\"https:\/\/vimeo.com\/198730719\/cb4ccd29a5\" target=\"_blank\" rel=\"noopener noreferrer\">video tutorial<\/a>\u00a0and 23-page PDF e-book, explaining the studies\u2019 approach and how to apply them to your trading.<\/div>\n<div><\/div>\n<div>Approach focuses on counter-trend and trend following price action and trade management.<\/div>\n<div><\/div>\n<div>Examples from today&#8217;s session using the <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-SP-500-Futures\">E-mini SP500<\/a> chart below for your review.\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/FreeVideosZoho\" target=\"_blank\" rel=\"noopener noreferrer\">This is a 10,000 volume chart<\/a>\u00a0right before and after the NFP report.<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<figure style=\"width: 988px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ed4d13d7-56a9-4393-9620-6773cee0cc5e.png\" alt=\"Emini S&amp;P 500 Volume Bar Chart 10,000 contracts\" width=\"988\" height=\"945\" title=\"\"><figcaption class=\"wp-caption-text\">#ES<\/figcaption><\/figure>\n<\/div>\n<p>&nbsp;<\/p>\n<div>The above chart is an example of mostly &#8220;good signals&#8221;. Like any other concept, this model has &#8220;failed signals&#8221; as well and it is always MUCH easier to explain and review any method looking back after the fact then when one is trading live money in real time. Please read disclaimer below as it is VERY appropriate.<\/div>\n<div><\/div>\n<div>HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.\u00a0NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.\u00a0IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.<\/div>\n<div><\/div>\n<div>ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT.\u00a0IN ADDITION, HYPOTHETICAL TRADING DOES NO INVOLVE FINACIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETLEY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING.\u00a0FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.\u00a0THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.<\/div>\n<div><\/div>\n<div><\/div>\n<div style=\"text-align: center;\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Possible-Double-Top-on-Russell-Educational-Futures-Trading-Videos#one\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"https:\/\/www.cannontrading.com\/css\/images\/tools\/screenshots\/signals_1.png\" alt=\"\" width=\"520\" height=\"659\" title=\"\"><\/a><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<div>Futures Trading Videos:<\/div>\n<div>1. Identifying Support And Resistance Using A Line Chart.<\/div>\n<div>2. Finding Levels of Support Resistance<\/div>\n<div>3. <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/energies\/WTI-Light-Sweet-Crude-Oil-Futures\">Day Trading crude oil futures<\/a> using fear and greed&#8230;.<\/div>\n<ul>\n<li><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Possible-Double-Top-on-Russell-Educational-Futures-Trading-Videos#one\" target=\"_blank\" rel=\"noopener noreferrer\">VIEW VIDEOS HERE<\/a><\/li>\n<\/ul>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<table class=\"poll-question\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"top\">\n<div><span data-entity-ref=\"POLL.ca-1579900944802.question_1_text\">Would you like to get daily support &amp; resistance levels?<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\">\n<table class=\"poll-answer\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"middle\">\n<div><span data-entity-ref=\"POLL.ca-1579900944802.question_1_choice_1_text\">Yes<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"poll-button\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"right\" bgcolor=\"#3661BD\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\">\n<div><a href=\"https:\/\/campaignlp.constantcontact.com\/forms\/response?id=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7uguqw3z-lzJNdytjafdXsxKL2wGcnTBOXTKPJ5hqbu4fKuLANpqKZGvjZ29XzIzt8enAnMyeMD1ALsp-3GP08waUa2LYjOk1JY7rTMhEXfhMRnCti1Ufiasb2AkZEiw0v9sD3kCb_50FFhOADgvhpu9SdUDhcyRFuzWk_BooTyXFYMefTsr-aw&amp;encVer=1&amp;c=&amp;ch=&amp;mode=preview\" target=\"_blank\" rel=\"noopener\">Select<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"divider-base divider-dashed\" align=\"center\" valign=\"top\" width=\"100%\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"center\" height=\"1\">\n<div><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/1101116784221\/S.gif\" alt=\"\" width=\"5\" height=\"1\" border=\"0\" hspace=\"0\" vspace=\"0\" title=\"\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\">\n<table class=\"poll-answer\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"middle\">\n<div><span data-entity-ref=\"POLL.ca-1579900944802.question_1_choice_2_text\">No<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"poll-button\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"right\" bgcolor=\"#3661BD\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\">\n<div><a href=\"https:\/\/campaignlp.constantcontact.com\/forms\/response?id=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7uguqw3z-lzJNdytjafdXsxKL2wGcnTBOXTKPJ5hqbu4fKuLANpqKZGvjZ29XzIzt8enAnMyeMD1ALsp-3GP08waUa2LYjOk1JY7rTMhEXfhMRnCti1Ufiasb2AkZEiw0v9sD3kCb_50FFhOADgvhpu9SdUDhcyRFuzWk_BooTyXXN6S9LkQxSg&amp;encVer=1&amp;c=&amp;ch=&amp;mode=preview\" target=\"_blank\" rel=\"noopener\">Select<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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;\">10-10-2022<\/p>\n<div class=\"mceTemp\"><\/div>\n<figure style=\"width: 611px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/5703580b-91e1-4f8c-8cce-00b3fe429e92.jpg\" alt=\"#goldfutures #sp500futures #crudeoilfutures # nasdaqfutures #dowfutures #futurestrading #futuresbrokers\" width=\"611\" height=\"739\" title=\"\"><figcaption class=\"wp-caption-text\">SP500 #ES_FNasdaq100\u00a0 #NQ_FDow Jones\u00a0 #YM_FMini Russell #RTY_FBitCoin Index #BRTI\u00a0SP500 Dec. Gold #GC_F Dec. Silver #SI_F Oct. Crude Oil #CL-F Dec. Bonds\u00a0 #ZB_F Dec. 10 yr\u00a0 #ZN_F Dec. Corn #ZC_F Dec.\u00a0 Wheat #ZW_F Nov. Beans #ZS_F Dec. SoyMeal #ZM_F Oct. Nat Gas #NG_F Dec. Coffee #KC_F Dec. Cocoa #CC_F\u00a0October Sugar #SB_F Dec. Cotton #CT_F Sept.\u00a0 Euro Currency<\/figcaption><\/figure>\n<div class=\"mceTemp\"><\/div>\n<h2 style=\"text-align: left;\">Weekly Levels<\/h2>\n<h3><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3bf3c573-46b1-4577-9575-6d504e3f5d1d.jpg\" alt=\"\" title=\"\"><\/h3>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\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 decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/5c35992c-7e93-4641-add3-1ee2825a98dc.jpg\" alt=\"\" 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 # 1118 Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates and\u00a0market alerts on Twitter! Try our in-house\u00a0created family of technical studies Identify BUY and SELL signals Plug into your own charts Select your own market and timeframe Free 3-week trial\u00a0includes\u00a0video tutorial\u00a0and 23-page PDF e-book, explaining the studies\u2019 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1379,235,344,1378],"tags":[],"class_list":["post-18028","post","type-post","status-publish","format-standard","hentry","category-weekly-newsletter","category-index-futures","category-indices","category-sp-500"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18028","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=18028"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18028\/revisions"}],"predecessor-version":[{"id":18032,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18028\/revisions\/18032"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}