What you need to know before trading futures tomorrow

Discussion in 'Commodity Futures' started by CannonTrading_Ilan, Sep 15, 2020.

  1. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Starting yesterday, June 28, 2021, CME Group has removed the trading halt between 3:15 and 3:30 p.m. CT on CME Globex for Equity Index products.


    This enhancement will allow market participants to access liquidity continuously throughout the trading day and manage event risk that occurs during the trading session with greater ease.


    Subject to regulatory review and effective June 28, 2021, CME and CBOT will eliminate the 3:15 p.m. – 3:30 p.m. Central Time (CT) trading halt on CME Globex which currently exists for certain Equity futures and options contracts.


    The halt was initially implemented to account for transactions conducted via open outcry in the trading pits and is therefore no longer necessary.

    Levels for the last trading day of June below:

    upload_2021-6-29_13-26-4.png
     
    #191     Jun 29, 2021
  2. Overnight

    Overnight

    That is actually very rude to folks like @themickey since they are already trading the last day of June. In fact, when you wake up tomorrow, he'll be in July. So your levels will not help him for last trading day in June, because he will be trading 1st day of July. Kangaroos dude.

    :)

    Sorry, just having fun.
     
    #192     Jun 29, 2021
  3. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Last edited: Jun 30, 2021
    #193     Jun 30, 2021
  4. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #194     Jul 1, 2021
  5. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #195     Jul 2, 2021
  6. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    07.07.21 Wednesday

    SCO = STOP CLOSE ONLY
    MA= MOVING AVERAGE

    GOOD MORNING.

    The BOND market continues to signal
    DEFLATIONARY PRESSURES which is spooking & confusing the EQUITY market again. Paradoxically, with the Interest rates racing to new lows, the money managers are desperate and struggle to generate yield, which is BULLISH for EQUITIES in the end. It's the only game in town.

    LOWER rates have a BULLISH UNDERTONE for TECHNOLOGY, hence the NASDAQ closing higher yesterday as the DOW and S&P'S closed LOWER.

    U S&P

    4377.00 is the next OBJECTIVE until
    a close below 4300.25 occurs.

    KEY MA 4253.75
    Bullish undertone above

    KEY TREND MA 4209.00
    CLOSE BELOW DAMAGES the
    SECULAR Bull TREND.

    4137.50 is MASSIVE MA SUPPORT

    CRITICAL MA SUPPORT!!
    4082.00
    MUST HOLD!!

    U S&P Closed 4334.00 -8.75

    ALGO SUPPORT:
    4308.50
    4300.50 Sell SCO
    4291.75


    U NASDAQ

    LOWER BOND YIELDS POWERING
    NASDAQ HIGHER!!

    MA SUPPORT:
    14,268.00
    Bullish bias above

    KEY MA SUPPORT
    13,891.00 ******
    Secular Bull Trend
    MUST HOLD!!

    MASSIVE MA SUPPORT
    13,694.50

    CRITICAL MA MUST HOLD!!
    13,567.00

    U NASDAQ
    Closed 14,775.50 +61.75

    ALGO SUPPORT:
    14,561.00
    14,520.00 Sell SCO
    14,474.50


    Q CRUDE Closed $73.37 -1.79

    Q CRUDE
    ALGO RESISTANCE:
    74.55
    73.99 Buy SCO
    73.51

    72.38 Key MA
    69.32 CRITICAL MA
     
    #196     Jul 7, 2021
  7. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #197     Jul 7, 2021
  8. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Levels for Friday, July 9th:

    upload_2021-7-8_13-6-48.png
     
    #198     Jul 8, 2021
  9. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #199     Jul 9, 2021
  10. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Good start for MICRO Crude Oil Futures with over 17,000 contracts traded the first day.
    Levels for Tuesday, July 13th below:

    upload_2021-7-12_13-14-20.png
     
    #200     Jul 12, 2021
    murray t turtle likes this.