Trading levels for Friday Sept. 8th, to finish a short trading week. Next week we should see higher volume as many traders return as well as rollover period kicking in for stock index futures.
Trading levels, reports and rollover notice on our blog at: https://www.cannontrading.com/tools...sy-week-ahead-levels-for-september-12th-2023/
· Front month for stock index futures is December! · Highly anticipated CPI report is tomorrow · Crude oil numbers are out tomorrow as the energy sector broke out to the upside in a strong way these past 2 weeks. Levels for tomorrow below as well as major reports for the rest of the week:
For those of you trading stock index futures and options, remember that tomorrow is Last Trading Day for the September stock index futures contracts and their quarterly options. At 8:30 A.M., Central Time, the September contracts will stop trading and the CME will post a settlement price which will serve to offset any open September futures positions. It will also determine the status of the contracts’ options – whether they’re in or out of the money. Note that this does not apply to Friday Week-3 options tied to the December futures contracts. Those expire at their usual afternoon time.
Have a great weekend traders and an excellent trading week to follow. Weekly levels below, weekly newsletter now live