WYNTK before trading tomorrow, Aug 19th 2022 Futures Trading Levels - Support & Resistance Levels

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

WYNTK before trading tomorrow, Aug 19th 2022 Futures Trading Levels

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Very light day tomorrow when it comes to economic reports.

We use to call it cheddar Cheese Friday as the cheese report was the only one out on certain Fridays….

Volume is stock indices has been lighter these past few days and I have seen more range bound trading in the Mini ES than normal. Summer trading.

One can never tell when volatility decides to visit…..

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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.  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.

Futures Trading Levels

08-19-2022

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Economic Reports, Source: 

Forexfactory.com

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in 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 judgement in trading.

Posted in: Future Trading News   | futures trading education  

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  • Using Bollinger Bands and Parabolics
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  • The concept of Price Confirmation
  • How to Use Support & Resistance Levels
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