CannonTrading_Ilan
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Levels for Monday below. What to expect next week, a look at an automated NQ trading system and more on our weekly newsletter issue #1179
Daily Support & Resistance Levels and Other valuable Info for Futures Traders...
- Thread starter CannonTrading_Ilan
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CannonTrading_Ilan
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Big Data Week Ahead!
https://www.cannontrading.com/tools...ls/big-data-week-ahead-levels-for-01-30-2024/
https://www.cannontrading.com/tools...ls/big-data-week-ahead-levels-for-01-30-2024/
CannonTrading_Ilan
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April gold is front month.
Some personal observations on trading FOMC days on our blog:
https://www.cannontrading.com/tools/support-resistance-levels/fomc-tomorrow-levels-for-01-31-24/
Levels for Jan. 31st below:
Some personal observations on trading FOMC days on our blog:
https://www.cannontrading.com/tools/support-resistance-levels/fomc-tomorrow-levels-for-01-31-24/
Levels for Jan. 31st below:
CannonTrading_Ilan
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Volatile FOMC trading day!
Levels for the "day after" below.
Quick summary of CME fees increase:
Effective tomorrow, February 1, the CME Group is raising the exchange fees for a number of futures contracts.
For the CME E-mini equity products: E-mini S&P 500 (ES), E-mini Nasdaq (NQ), E-mini Dow Jones (YM) and E-mini Russelll 2000 (RTY), fees are going up by 5 cents, from $1.33 to $1.38
For the NYMEX energy products: Crude oil (CL), Heating oil (HO), RBOB Unleaded gas (RBOB) and Natural gas (NG) fees are going up by 10 cents, from $1.50 to $1.60
For the COMEX metals products: Gold (GC), Silver (SI), Copper (HG) and Platinum (PL) fees are going up by 5 cents, from $1.55 to $1.60
For the COMEX E-mini metals products: miNY gold (QO), miNY silver (QI), miNY copper (QC) fees are going up by 25 cents, from $0.75 to $1.00
All other products / symbols will remain the same.
Levels for the "day after" below.
Quick summary of CME fees increase:
Effective tomorrow, February 1, the CME Group is raising the exchange fees for a number of futures contracts.
For the CME E-mini equity products: E-mini S&P 500 (ES), E-mini Nasdaq (NQ), E-mini Dow Jones (YM) and E-mini Russelll 2000 (RTY), fees are going up by 5 cents, from $1.33 to $1.38
For the NYMEX energy products: Crude oil (CL), Heating oil (HO), RBOB Unleaded gas (RBOB) and Natural gas (NG) fees are going up by 10 cents, from $1.50 to $1.60
For the COMEX metals products: Gold (GC), Silver (SI), Copper (HG) and Platinum (PL) fees are going up by 5 cents, from $1.55 to $1.60
For the COMEX E-mini metals products: miNY gold (QO), miNY silver (QI), miNY copper (QC) fees are going up by 25 cents, from $0.75 to $1.00
All other products / symbols will remain the same.
CannonTrading_Ilan
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Levels for NFP Friday!
CannonTrading_Ilan
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Weekly trading levels for those of us who trade longer term positions below. Daily levels for the short term traders along with first notice days, CME fees increase, copper outlook, automated ES system and more on our weekly newsletter issue #1180:
CannonTrading_Ilan
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Daily levels and reports on our blog at: https://www.cannontrading.com/tools...k-thursday-wasde-for-the-ag-traders-among-us/
CannonTrading_Ilan
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Trading levels for Feb. 7th:
CannonTrading_Ilan
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Levels for Feb. 8th below as well as Cocoa MONTHLY chart - from our blog today:
Among the market sectors most traders follow closely, “Softs” is not high up the list. Yet similarly to other well-known futures contracts such as stock indexes, interest rate futures, energies, metals and grains, the softs category includes some of the world benchmarks for their underlying commodity, such as cocoa, coffee, orange juice and sugar.
As well, we’re seeing recent price movement in some of these commodities that can be described as exceptional. For example, it’s not hyperbole to say that the price of March cocoa has skyrocketed over the last month – from both sides of ±$4,200/ton coming into the new year to today’s $5,410/ton close. That’s a ±$12,000 per contract move (contract size: 10 metric tons). This is an all-time high for the contract.
Among the market sectors most traders follow closely, “Softs” is not high up the list. Yet similarly to other well-known futures contracts such as stock indexes, interest rate futures, energies, metals and grains, the softs category includes some of the world benchmarks for their underlying commodity, such as cocoa, coffee, orange juice and sugar.
As well, we’re seeing recent price movement in some of these commodities that can be described as exceptional. For example, it’s not hyperbole to say that the price of March cocoa has skyrocketed over the last month – from both sides of ±$4,200/ton coming into the new year to today’s $5,410/ton close. That’s a ±$12,000 per contract move (contract size: 10 metric tons). This is an all-time high for the contract.
CannonTrading_Ilan
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Trading levels for Friday, Feb 9th below:
