GDP, New Home Sales, Crude oil and natural gas numbers tomorrow. Market Bias for tomorrow: Support and resistance levels for May 30th:
August gold is front month. September is front month for 30/10/5/2 year notes etc. Levels for tomorrow below, market bias on our blog HERE
Cannon Futures Weekly Letter Issue # 1196 Join our private Facebook group for additional insight into trading and the futures markets! Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts! In this issue: Important Notices - Non Farm Payrolls is the main event Futures 101 - Vertical Option Spreads Hot Market of the Week - Dec. Corn Market Scanner - For Monday June 3rd Broker's Trading System of the Week - Crude Oil Day Trading System Trading Levels for Next Week Trading Reports for Next Week
Hot market of the week is provided by QT Market Center, A Swiss army knife charting package that's not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs. FREE TRIAL AVAILABLE The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.
Below are the contracts which are entering First Notice or Last Trading Day for the upcoming month. Be advised, for contracts that are deliverable, it is requested that all LONG positions be exited two days prior to First Notice and ALL SHORT positions be exited the day prior to Last Trading Day. If you have any questions please contact the Trade Desk or your broker. Trading levels for June 5th:
Hot market of the week is provided by QT Market Center, A Swiss army knife charting package that's not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs. FREE TRIAL AVAILABLE The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.
Levels and market Scanner for June 6th, Copper review on our blog! https://www.cannontrading.com/tools...records-broken-in-copper-futures-and-options/
Cannon Futures Weekly Letter Issue # 1197 Join our private Facebook group for additional insight into trading and the futures markets! Listen to our podcast: Subscribe on Apple, Spotify, Amazon, or wherever you listen to podcasts! Hello Ilan, In this issue: · Important Notices - FOMC is the main event · Futures 101 - 5 Things You Need to Know About Soybeans 2024 · Hot Market of the Week - July Class III Milk · Market Scanner - For Monday June 10th · Broker's Trading System of the Week - Copper Swing Trading System · Trading Levels for Next Week · Trading Reports for Next Week READ NEWSLETTER NOW