{"id":18318,"date":"2023-03-03T13:21:50","date_gmt":"2023-03-03T21:21:50","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18318"},"modified":"2023-03-03T13:21:50","modified_gmt":"2023-03-03T21:21:50","slug":"weekly-newsletter-cattle-outlook-reduced-micro-bitcoin-fees-levels-for-march-6th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-cattle-outlook-reduced-micro-bitcoin-fees-levels-for-march-6th\/","title":{"rendered":"Weekly Newsletter: Cattle Outlook, Reduced Micro Bitcoin fees + Levels for March 6th"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1136<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p>Join our\u00a0<a href=\"https:\/\/www.facebook.com\/groups\/1105191589938254\" target=\"_blank\" rel=\"noopener noreferrer\">private Facebook group\u00a0<\/a>for additional insight into trading and the futures markets!<\/p>\n<div>\n<h3>In this issue:<\/h3>\n<ul>\n<li>Important Notices &#8211; Trading <a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/micro-bitcoin-futures-microbtc\/\">MICRO Bitcoin\/Ether<\/a> on a Regulated Exchange<\/li>\n<li>Trading Resource of the Week &#8211; Educational Videos<\/li>\n<li>Hot Market of the Week &#8211; <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/agriculture\/Live-Cattle-Futures\">Live Cattle<\/a><\/li>\n<li>Brokers&#8217; Trading System of the Week<\/li>\n<li>Trading Levels for Next Week<\/li>\n<li>Trading Reports for Next Week<\/li>\n<\/ul>\n<\/div>\n<p>&nbsp;<\/p>\n<p><strong>Trading Updates:<\/strong><\/p>\n<ul>\n<li>Important Notices &#8211; <a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/micro-bitcoin-futures-microbtc\/\">Micro Bitcoin<\/a> and <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/currencies\/Ether-Micro-Futures\">MICRO Ether futures<\/a> fees discount &#8211; Trading Bitcoin and Ether Futures on a REGULATED exchange<\/li>\n<\/ul>\n<div><\/div>\n<div>\n<div>The CME fee schedule effective March 1, 2023 has been added on the\u00a0<a href=\"https:\/\/click.the.cmegroup.com\/?qs=23d0366a4f0bea6fd53196ca55262639127f32064c8bea013c3a59c0db99a7212440e1ea975d79f8e6ce74a3947c8cf716061a3a9915d5cc\" target=\"_blank\" rel=\"noopener noreferrer\">CME Group fee page.<\/a><\/div>\n<div><\/div>\n<div>Just this last November, the U.S. Justice Department announced that two\u00a0Estonian citizens were arrested for their alleged involvement in a $575 million cryptocurrency fraud and money laundering conspiracy.\u00a0That same month, a notable Chinese venture investor, Bo Shen revealed he lost $42 million worth of crypto as a result of a theft from his personal wallet.<\/div>\n<div>Between then and now, the news of the collapse of crypto platform FTX continues to rattle the world of digital assets.\u00a0To date, FTX\u2019s customers\u2019 funds are still frozen and they are losing hope they will ever get much back.\u00a0It\u2019s customers number in the millions.\u00a0The 50 largest creditors alone are owed more than $3 billion dollars.<\/div>\n<div><\/div>\n<div>It makes you wonder about the safety and integrity of trading crypto assets.<\/div>\n<div><\/div>\n<div>Let this be a reminder that the\u00a0world\u2019s largest futures and options exchange \u2013 the CME Group\u00a0\u2013 offers you a choice for managing cryptocurrency risk with <a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/micro-bitcoin-futures-microbtc\/\">Bitcoin and Micro Bitcoin futures<\/a> and options as well as <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/currencies\/Ether-Micro-Futures\">Ether futures<\/a>.<\/div>\n<div><\/div>\n<div>These contracts trade on a regulated exchange\u00a0where all participants see the same prices and quotes.\u00a0Participants enjoy true market transparency and price discovery.\u00a0They all can be easily traded on your supported trading platform.<\/div>\n<\/div>\n<div><\/div>\n<div>For more information or a\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile\" target=\"_blank\" rel=\"noopener noreferrer\">professional consultation<\/a>, or to try a\u00a0<a href=\"https:\/\/www.e-mini.com\/e-mini-demo-firetip.php\" target=\"_blank\" rel=\"noopener noreferrer\">futures trading platform demo,<\/a>\u00a0contact Cannon Trading Co.<\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<div>Updates effective March 1, 2023 are listed below and highlighted on the schedules:<\/div>\n<ul>\n<li>CME Alternative Investment Product Fee Schedules<\/li>\n<li>(NEW) Note 4\u00a0\u2013 Effective through August 31, 2023, the Exchange Fees for all Globex, EFP, EFR, Block and BTIC transactions in\u00a0Micro Bitcoin Futures\u00a0will be discounted to $0.70 for members and to $1.00 for non-members.<\/li>\n<li>(NEW) Note 5 \u2013 Effective through August 31, 2023, the Exchange Fees for all Globex, EFP, EFR, Block and BTIC transactions in\u00a0Micro Ether Futures\u00a0will be discounted to $0.07 for members and to $0.10 for non-members.<\/li>\n<li>CME Other Fees and Discounts<\/li>\n<li>Event Contracts \u2013 Cash Settlement Fee waiver extended through August 31, 2023<\/li>\n<\/ul>\n<\/div>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><strong>Trading Resource of the Week<\/strong><\/h3>\n<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/channel\/UCf-asPYp_40m1unYPKpUhaw\" target=\"_blank\" rel=\"noopener noreferrer\">Cannon&#8217;s own YouTube Channel!<\/a><\/li>\n<\/ul>\n<div>\n<div align=\"justify\">\n<div align=\"justify\"><\/div>\n<div align=\"justify\">\n<div>Get access to variety of videos such as trading techniques, trading platforms, trading psychology and more!<\/div>\n<div><\/div>\n<div>Click on the subscribe and get notified as soon as a new video is published!<\/div>\n<div><\/div>\n<div>Below you will see a unique way to customize your <a href=\"https:\/\/www.cannontrading.com\/software\/e-futures-international\">E-Futures DOM<\/a>!<\/div>\n<\/div>\n<div align=\"justify\"><\/div>\n<\/div>\n<div align=\"justify\"><\/div>\n<\/div>\n<div>\n<div align=\"justify\"><\/div>\n<\/div>\n<div>\n<div>\n<div align=\"center\"><a href=\"https:\/\/youtu.be\/jbpB7qPGwzc\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/web-extract.constantcontact.com\/v1\/thumbnail?url=https:\/\/i.ytimg.com\/vi\/jbpB7qPGwzc\/hqdefault.jpg\" alt=\"Custom DOM Layout - E-Futures International\" title=\"\"><\/a><\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<p>&nbsp;<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>\n<ul>\n<li>\n<h3><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/agriculture\/Live-Cattle-Futures\" target=\"_blank\" rel=\"noopener noreferrer\">Hot Market of the Week &#8211; April Live Cattle<\/a><\/h3>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<div>\n<div>Hot market of the week is provided by QT Market Center,\u00a0A swiss army knife charting package that&#8217;s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.<\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<div>\n<div><a href=\"https:\/\/www.cannontrading.com\/software\/qt-market-center\" target=\"_blank\" rel=\"noopener noreferrer\">FREE TRIAL AVAILABLE<\/a><\/div>\n<\/div>\n<div><\/div>\n<div align=\"center\">PriceCounts &#8211; Not about where we&#8217;ve been , but where we might be going next!<\/div>\n<div align=\"center\"><\/div>\n<\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/agriculture\/Live-Cattle-Futures\">April live cattle<\/a> satisfied second upside PriceCounts objective last month and has spent time consolidating since. At this point if the charts can resume its rally with new sustained highs, the third count would project a run to the 171.92 area, very close to the old time high print from the fall of 2014.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">\n<div class=\"mceTemp\"><\/div>\n<\/div>\n<div align=\"center\">\n<div><\/div>\n<\/div>\n<div><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/1eeafc2f-6c1f-4814-a2a3-5bababe93b10.jpg\" alt=\"\" title=\"\"><\/div>\n<div>\n<div>The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an \u2018exact\u2019 science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at\u00a0<a href=\"http:\/\/www.qtchartoftheday.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.qtchartoftheday.com<\/a><\/div>\n<div><\/div>\n<div>Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.<\/div>\n<\/div>\n<div style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b644da2-2bee-4d39-8d98-5208a20bec39.jpg\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<ul>\n<li>\n<h3><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=17519\" target=\"_blank\" rel=\"noopener noreferrer\">Broker&#8217;s Trading System of the Week<\/a><\/h3>\n<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<div>\n<div>With\u00a0algorithmic\u00a0trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker&#8217;s choice for this month.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=17519\" target=\"_blank\" rel=\"noopener\"><strong>Joseja 2 mini nasdaq<\/strong><\/a><\/div>\n<\/div>\n<div><\/div>\n<div>\n<div>PRODUCT<\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-NASDAQ-100-Futures\">E-mini NASDAQ future<\/a><\/div>\n<div>SYSTEM TYPE<\/div>\n<div>Swing<\/div>\n<div>Recommended Cannon Trading Starting Capital<\/div>\n<div>$30,000<\/div>\n<div>COST<\/div>\n<div>USD 65 \/ monthly<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/a15816da-1a11-4588-beae-cb225a83c131.jpg\" alt=\"\" title=\"\"><\/div>\n<div>The performance shown above is hypothetical in that the chart represents returns in a model account. The model\u00a0account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant\u00a0to the listed system\u2019s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available \u2013\u00a0by the hypothetical single contract profit and loss of trades generated by the system\u2019s trading signals on that day in\u00a0real time (real\u2010time) less slippage, or if no real time profit or loss available \u2013 by the hypothetical single contract profit\u00a0and loss of trades generated by running the system logic backwards on back adjusted data.\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/isystems-automated-trading-platform\" target=\"_blank\" rel=\"noopener noreferrer\">Please read full disclaimer HERE.<\/a><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<div>\n<div>Sign Up for a<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile-systems\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0Free Personalized Consultation<\/a>\u00a0with a Broker from Cannon Trading Company<\/div>\n<div>Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary,\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile-systems\" target=\"_blank\" rel=\"noopener noreferrer\">confidential consultation<\/a>\u00a0with a Cannon Trading Company series 3 broker.<\/div>\n<\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<ul>\n<li>\n<h3>Trading Levels for Next Week<\/h3>\n<\/li>\n<\/ul>\n<div><\/div>\n<div style=\"text-align: left;\" align=\"center\"><strong>Daily Levels for March 6th, 2022<\/strong><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<figure style=\"width: 610px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/dab0a1c0-80f3-4f23-99ab-dd515217502b.jpg\" alt=\"#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG\" width=\"610\" height=\"743\" title=\"\"><figcaption class=\"wp-caption-text\">#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\n<\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\n<p style=\"text-align: left;\"><strong>Weekly Levels<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/faebd28e-aab7-42cc-b24a-3babd9864a83.jpg\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3>Trading Reports for Next Week<\/h3>\n<\/li>\n<\/ul>\n<div><\/div>\n<div><strong>First Notice (FN), Last trading (LT) Days for the Week:<\/strong><\/div>\n<div style=\"text-align: left;\" align=\"center\"><a href=\"http:\/\/www.mrci.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.mrci.com\u00a0<\/a><\/div>\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><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/323ef45e-a70a-401b-a936-83b359925b56.jpg\" alt=\"\" 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 # 1136 &nbsp; Join our\u00a0private Facebook group\u00a0for additional insight into trading and the futures markets! In this issue: Important Notices &#8211; Trading MICRO Bitcoin\/Ether on a Regulated Exchange Trading Resource of the Week &#8211; Educational Videos Hot Market of the Week &#8211; Live Cattle Brokers&#8217; Trading System of the Week [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1379,1243,70,30,61,358],"tags":[1481,1480,1475,1471,1469,1467,1468,1474,1472,1477,1478,1476,1479,1470,1473,1172,1239,40,627,1277,36],"class_list":["post-18318","post","type-post","status-publish","format-standard","hentry","category-weekly-newsletter","category-bitcoin-futures","category-future-trading-platform","category-futures-broker-2","category-futures-trading-2","category-futures-trading-education","tag-cbot","tag-comex","tag-commoditiesmarket","tag-commoditiestrader","tag-commoditytrading","tag-crudeoil","tag-daytrader","tag-futuresmarket","tag-futurestrader","tag-kcbt","tag-mgex","tag-nymex","tag-smfe","tag-stockindices","tag-swingtrader","tag-cme","tag-commodities","tag-daytrading","tag-futures","tag-globex","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18318","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=18318"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18318\/revisions"}],"predecessor-version":[{"id":18320,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18318\/revisions\/18320"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}