{"id":18607,"date":"2023-06-14T12:28:10","date_gmt":"2023-06-14T20:28:10","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18607"},"modified":"2023-06-14T12:28:10","modified_gmt":"2023-06-14T20:28:10","slug":"fed-pause-rates-ecb-tomorrow-levels-for-june-15th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/fed-pause-rates-ecb-tomorrow-levels-for-june-15th\/","title":{"rendered":"Fed Pause Rates, ECB Tomorrow + Levels for June 15th"},"content":{"rendered":"
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Get Real Time updates and more on our private FB group!<\/span><\/div>\n
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https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Don\u2019t take anything for granted:<\/h3>\n

By Mark O’Brien, Senior Broker<\/p>\n

It’s a big week for financial markets and their related futures contracts with interest rate decisions from three major central banks coming one after another: the U.S. Federal Reserve (which just decided not to raise rates for the first time in eleven months), the European Central Bank and the Central Bank of Japan.<\/p>\n

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The Bank of Canada\u202fhiked rates last Wednesday to a 22-year high of 4.75%, having held rates steady since January.\u00a0 The day prior, Australia’s central bank raised rates by a quarter point to an 11-year high and warned of further tightening ahead.<\/p>\n

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One of the take-aways from last week’s surprise rate increases in Canada and Australia and today\u2019s first-time respite by the Fed.: don\u2019t take anything for granted.<\/p>\n

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Economies around the world are experiencing disparate inflation trajectories compared to others \u2013 including the U.S. \u2013 and their central bank\u2019s efforts to getting inflation down have started to deviate somewhat.\u00a0 Financial and other futures markets, ever reacting to uncertainty \u2013 often overreacting \u2013 may become even more challenging arenas within which to trade.<\/p>\n

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This is pretty clear set-up to submit again the usefulness of trading options \u2013 either in combination with your futures trading or exclusive of it.\u00a0 Trading options offers a near limitless range of risk\/reward scenarios to take on, from that on par with straight futures trading to substantially less to absolutely limited.\u00a0 And because options are valued in part by their ever-decaying lifespans, they offer another component to a trade\u2019s outcome: time value.<\/p>\n

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If you think options aren\u2019t for you, consider one sector\u2019s growth in this area in the last recent years: equity index options.\u00a0 Options in the E-mini S&P 500<\/a> and E-mini Nasdaq<\/a> continue to see strong growth in participation and volume as market participants are increasingly turning to the them as part of their trading\u00a0\u2013 and talk to your broker at Cannon Trading Co. for more information.<\/p>\n

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See below the ADV ( avg. daily volume) for NQ<\/a> and ES<\/a><\/strong><\/p>\n

\"E-mini<\/a><\/p>\n

\"E-mini<\/a><\/p>\n

Rollover is here\u00a0for stock indices. i.e., the E-mini and Micro S&P<\/a>, Nasdaq<\/a>, Dow Jones<\/a> and Russell 2000<\/a>.<\/p>\n

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\u00a0\u00a0Volume in the\u00a0June\u00a0contracts will begin to drop off until their\u00a0expiration next\u00a0Friday, June 16th\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 June futures contracts through 8:30 A.M., Central Time on\u00a0Friday, June 16th, they will be offset with the cash settlement price, as set by the exchange.<\/p>\n

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The month code for\u00a0September\u00a0is\u00a0\u2018U.\u2019\u00a0\u00a0Please consider carefully how you place orders when changing over.<\/p>\n

Watch the video below on how to rollover your market depth and charts!<\/p>\n

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Plan your trade and trade your plan.\u00a0<\/a><\/p>\n

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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

Futures Trading Levels<\/strong><\/h3>\n

for 06-15-2023<\/p>\n

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\"#ES,
#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG<\/figcaption><\/figure>\n<\/div>\n
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Economic Reports, Source:\u00a0<\/strong><\/h3>\n

Forexfactory.com<\/a><\/p>\n

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This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

Get Real Time updates and more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/   Don\u2019t take anything for granted: By Mark O’Brien, Senior Broker It’s a big week for financial markets and their related futures contracts with interest rate decisions from three major central banks coming one after another: the U.S. Federal Reserve (which just decided […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,1434,76,70,30,3,61,235,344,234],"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-18607","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-charts-indicators","category-commodity-trading-2","category-future-trading-platform","category-futures-broker-2","category-futures-exchange","category-futures-trading-2","category-index-futures","category-indices","category-trading-guide","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\/18607","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=18607"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18607\/revisions"}],"predecessor-version":[{"id":18612,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18607\/revisions\/18612"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}