{"id":18651,"date":"2023-06-28T12:32:38","date_gmt":"2023-06-28T20:32:38","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18651"},"modified":"2023-06-28T12:32:38","modified_gmt":"2023-06-28T20:32:38","slug":"trading-competition-win-real-cash-4th-of-july-trading-hours","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-competition-win-real-cash-4th-of-july-trading-hours\/","title":{"rendered":"Trading Competition! Win REAL Cash + 4th of July Trading Hours"},"content":{"rendered":"<div align=\"center\">\n<div align=\"justify\">\n<div><span style=\"text-align: left;\">Get Real Time updates and more on our private FB group!<\/span><\/div>\n<div>\n<div align=\"justify\">\n<div style=\"text-align: center;\" align=\"justify\">\n<div style=\"text-align: left;\" align=\"center\"><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001KRg6On04gjknOfysn89cEhkyXgAxXigZc1_AdekBblRz4Cwp2yofkpGH8rpms9Q30D0wjhFS1q8yG11pQf1KRy2bpIyH4uwMgzWcI-wb74TdqgA-DQitbpTeoWmib8qwdH8ve86kM_6EWihst10TitotvFRrtw2C0HgnNGJLkXUXb6ec7AaQGNxU6EuLQxHI&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><strong>4th of July is around the corner! Make sure you are\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/independence-day-july-4th-day-2023-holiday-schedule-for-cme-globex-and-ice-exchange\/\" target=\"_blank\" rel=\"noopener\">aware of the modified trading hours.<\/a><\/strong><\/div>\n<div><\/div>\n<div>\n<h3 align=\"center\">Bullet Points, Highlights, Announcements<\/h3>\n<p align=\"center\">By Mark O&#8217;Brien, Senior Broker<\/p>\n<p>&nbsp;<\/p>\n<p><strong>General (agriculture):\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>The U.S. is well into summertime and with it agricultural futures, particularly field crops like <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Corn-Futures\">corn<\/a>, <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Wheat-Futures\">wheat<\/a> and <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Soybeans-Futures\">soybeans<\/a> have gained in stature as already-planted crops are growing and developing toward their fall harvest.\u00a0 At the same time, <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Corn-Futures\">corn<\/a>, <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Wheat-Futures\">wheat<\/a> and <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Soybeans-Futures\">soybean<\/a> futures contracts have seen seasonal and meaningful increases in trade volume.\u00a0 Along side this development, this year has seen noteworthy volatility in price movement.\u00a0 To provide some perspective on this year\u2019s U.S. crop season is the futures exchange where these agricultural products\u2019 futures contracts are traded: CME Group.\u00a0 While its exchanges make up the world&#8217;s largest operator of financial derivatives, it\u2019s also an important source of futures research and education, with a collection of courses, lessons and webinars on trading, as well as a wealth of academic resources.\u00a0 For example, take a look at their report on corn released this week entitled, \u201c<a href=\"https:\/\/www.cmegroup.com\/articles\/whitepapers\/vol-is-high-by-the-fourth-of-july.html\" target=\"_blank\" rel=\"noopener\">Vol is High by the Fourth of July.<\/a>\u201d\u00a0\u00a0Get an understanding of how this crop year compares to other recent ones and what could be in store for prices.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>More general (energy)\u00a0<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>Keep an eye on the third-smallest country on the continent and the second-least populated there.\u00a0 It\u2019s also one of the least densely populated countries on Earth (\u00b110 people\/mi\u00b2) with over 40% of its population living below the country\u2019s poverty line.\u00a0 Because ever since the discovery of a collection of astonishing and promising <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/energies\/WTI-Light-Sweet-Crude-Oil-Futures\">oil<\/a> finds in recent years \u2013 estimated at over 11 billion barrels of <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/energies\/WTI-Light-Sweet-Crude-Oil-Futures\">oil<\/a> reserves off its coast \u2013 Guyana in South America has become an enlivened player on the world stage.\u00a0 With infrastructure investment dollars and know-how coming in from major energy players like Exxon Mobile, a formal invitation to join OPEC (so far, rebuffed), Guyana with a population of barely 800,000, has become the world\u2019s fastest growing economy and is now ranked as having the fourth-highest GDP per capita in the Americas after the United States, Canada, and The Bahamas.<\/p>\n<p>&nbsp;<\/p>\n<p>What level of attention have <a href=\"https:\/\/www.cannontrading.com\/community\/day-trading-crude-oil-futures\">energy futures<\/a> paid to the introduction of the largest addition to global oil reserves in the last 50 years?\u00a0 The early answer is very little, but worthy of monitoring.\u00a0 At \u00b1360,000 barrels per day currently, Guyana barely moves the needle alongside the current \u00b190 million barrel-per day production globally.\u00a0 Still, oil demand is expected to decline in the coming decades and OPEC\u2019s influence over <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/energies\/WTI-Light-Sweet-Crude-Oil-Futures\">oil prices<\/a> has regressed in recent years as non-OPEC countries like the U.S. Brazil, Guyana and Egypt have collectively impacted the global supply\/demand dynamic.\u00a0 This puts Guyana in a position to be an influential player as it works to increase production \u2013 with a planned 1 million barrels per day output by 2028.<\/p>\n<p><a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener\">Plan your trade and trade your plan.\u00a0<\/a><\/p>\n<\/div>\n<h2><\/h2>\n<div>\n<p>&nbsp;<\/p>\n<h4><a href=\"https:\/\/ibportal.gainfutures.com\/TradingContest\/5074A53815A94D17AF85B6777C2D3D5C\" target=\"_blank\" rel=\"noopener\">Equity Index Futures Trading Challenge<\/a><\/h4>\n<p>Sign up\u00a0for\u00a0the Cannon Trading via clearing partner StoneX\u00a0+\u00a0CME\u00a0Group Equity\u00a0Index\u00a0Futures Trading Challenge\u00a0for\u00a0your\u00a0chance\u00a0to\u00a0sizzle the competition this\u00a0summer\u00a0&#8211; Trade\u00a0Micro, E-mini, and Standard size contracts on the <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-SP-500-Futures\">S&amp;P<\/a>,\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-NASDAQ-100-Futures\">NASDAQ<\/a>,\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-Russell-2000-Futures\">Russell<\/a>, and <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/E-mini-Dow-Jones-Futures\">Dow Jones<\/a> in a risk-free environment\u00a0while competing\u00a0with fe11ow\u00a0traders for\u00a0a cash prize\u2022.<\/p>\n<p>Use the\u00a0Cannon Futures Trader Simulated Trading Environment and a\u00a0virtual\u00a0account of $100,000 to\u00a0trade\u00a0CME Group Equity\u00a0Index futures.\u00a0Increase\u00a0your balance as much as\u00a0possible\u00a0between\u00a0July 9th\u00a0and\u00a0July\u00a021st for\u00a0your\u00a0chance\u00a0to win!<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<h4>Duration<\/h4>\n<p>Start date:\u00a0July\u00a09th\u00a02023<\/p>\n<p>End date:\u00a0July\u00a021st 2023<\/p>\n<h4>Prizes<\/h4>\n<p>1st Place:\u00a0$1200<\/p>\n<p>2nd\u00a0Place:\u00a0$850<\/p>\n<p>3<sup>rd<\/sup>\u00a0Place:\u00a0$450<\/p>\n<p><a href=\"https:\/\/ibportal.gainfutures.com\/TradingContest\/5074A53815A94D17AF85B6777C2D3D5C\" target=\"_blank\" rel=\"noopener\">Sign up NOW<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><a href=\"https:\/\/secure.ironbeam.com\/openaccount\/index.aspx?src=316&amp;k=27817434\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b644da2-2bee-4d39-8d98-5208a20bec39.jpg\" alt=\"\" title=\"\"><\/a><\/h3>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">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><strong>Futures Trading Levels<\/strong><\/h3>\n<p>for 06-29-2023<\/p>\n<div align=\"justify\">\n<figure style=\"width: 575px\" class=\"wp-caption alignnone\"><a href=\"#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/4285ebfc-5cd2-401d-9001-adff950230c0.jpg\" alt=\"#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG\" width=\"575\" height=\"706\" title=\"\"><\/a><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 align=\"justify\"><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><\/div>\n<div align=\"justify\"><\/div>\n<h3><\/h3>\n<h3><strong>Economic Reports, Source:\u00a0<\/strong><\/h3>\n<p><a href=\"http:\/\/Forexfactory.com\" target=\"_blank\" rel=\"noopener\">Forexfactory.com<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f87e69e6-1964-416b-a05e-1c8537dfe0f0.jpg\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\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\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon 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":"<p>Get Real Time updates and more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ 4th of July is around the corner! Make sure you are\u00a0aware of the modified trading hours. Bullet Points, Highlights, Announcements By Mark O&#8217;Brien, Senior Broker &nbsp; General (agriculture):\u00a0 &nbsp; The U.S. is well into summertime and with it agricultural futures, particularly field crops [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67,231,76,119,235,344,1378],"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-18651","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","category-commodity-brokers-2","category-commodity-trading-2","category-crude-oil","category-index-futures","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\/18651","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=18651"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18651\/revisions"}],"predecessor-version":[{"id":18652,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18651\/revisions\/18652"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}