{"id":18327,"date":"2023-03-10T13:23:18","date_gmt":"2023-03-10T21:23:18","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18327"},"modified":"2023-03-10T13:23:18","modified_gmt":"2023-03-10T21:23:18","slug":"weekly-newsletter-copper-outlook-rollover-notice-levels-for-march-13th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-copper-outlook-rollover-notice-levels-for-march-13th\/","title":{"rendered":"Weekly Newsletter: Copper Outlook, Rollover Notice + Levels for March 13th"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1137<\/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; Rollover Notice<\/li>\n<li>Trading Resource of the Week &#8211; How to Rollover using E-Futures<\/li>\n<li>Hot Market of the Week &#8211; May Copper<\/li>\n<li>Broker&#8217;s 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<ul>\n<li>\n<h3><strong>Important Notices &#8211; Rollover<\/strong><\/h3>\n<\/li>\n<\/ul>\n<div>Rollover is here for stock indices. i.e., the <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-SP-500-Futures\">E-mini and Micro S&amp;P,<\/a> <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-NASDAQ-100-Futures\">Nasdaq<\/a>, <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-Dow-Jones-Futures\">Dow Jones<\/a> and <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-Russell-2000-Futures\">Russell 2000<\/a>.<\/div>\n<div><\/div>\n<div>I personally start trading June this Monday when the volume on June is higher than the March.<\/div>\n<div><\/div>\n<div>\u00a0\u00a0Volume in the\u00a0March\u00a0contracts will begin to drop off until their\u00a0<strong>expiration next\u00a0Friday, March 17th<\/strong>\u00a0(8:30 A.M., Central Time). At that point, trading in these contracts halts.\u00a0Stock index futures are CASH SETTLED contracts.\u00a0If you hold any March futures contracts through 8:30 A.M., Central Time on\u00a0March 17th, they will be offset with the cash settlement price, as set by the exchange.<\/div>\n<div><\/div>\n<div>\u00a0Monday,\u00a0March 13th\u00a0is Last Trading Day for March currency futures.\u00a0<strong>It is of the utmost importance for currency traders to exit all March futures contracts by Friday, March 10th<\/strong>\u00a0and to start trading the June futures.\u00a0Currency futures are DELIVERABLE contracts.<\/div>\n<div><\/div>\n<div>The month code for\u00a0June\u00a0is\u00a0\u2018M.\u2019\u00a0\u00a0Please consider carefully how you place orders when changing over.<\/div>\n<div><\/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>\n<h3><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/metals\/Copper-Futures\">Hot Market of the Week &#8211; May Copper<\/a><\/h3>\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\/metals\/Copper-Futures\">May Copper:<\/a>\u00a0May copper satisfied its first upside PriceCount objective and developed a sideway consolidation trade. If the chart can resume its rally with new sustained highs, the second count would project a run to the 4.60 area.<\/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=17414\" 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>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=17414\" target=\"_blank\" rel=\"noopener\">Bayona Mini nasdaq\u00a0<\/a><\/div>\n<\/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>\n<div>SYSTEM TYPE<\/div>\n<div>Intraday<\/div>\n<div>Cannon Trading&#8217;s\u00a0Recommended Starting Capital<\/div>\n<div>$25,000<\/div>\n<div>COST<\/div>\n<div>USD 120 \/ monthly<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=17414\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/c7dfcf51-533e-4cc5-b207-1c78a691c89f.jpg\" alt=\"\" title=\"\"><\/a><\/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 13th, 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\/a01969b8-1f64-4732-92bb-7b6665b8f950.jpg\" alt=\"#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG\" width=\"610\" height=\"747\" 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\/1a2d077c-8b03-439b-ae68-f17391421a84.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><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/4f53a2bf-5882-4583-8fef-50decfcca4c1.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 # 1137 &nbsp; Join our\u00a0private Facebook group\u00a0for additional insight into trading and the futures markets! In this issue: Important Notices &#8211; Rollover Notice Trading Resource of the Week &#8211; How to Rollover using E-Futures Hot Market of the Week &#8211; May Copper Broker&#8217;s Trading System of the Week Trading Levels [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1379,231,67,61,358,344,1378],"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-18327","post","type-post","status-publish","format-standard","hentry","category-weekly-newsletter","category-commodity-brokers-2","category-future-trading-news","category-futures-trading-2","category-futures-trading-education","category-indices","category-sp-500","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\/18327","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=18327"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18327\/revisions"}],"predecessor-version":[{"id":18331,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18327\/revisions\/18331"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}