Daily Support & Resistance Levels and Other valuable Info for Futures Traders...

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Weekly levels below, daily levels for Monday along with an article on using range bar charts for short term trading on our weekly newsletter HERE.

 

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Wishing all of you a great trading month ahead!

levels for tomorrow, Nov. 2nd below:

 

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Notes about FOMC trading day and more on our blog.

Levels for Nov. 3rd/ FOMC day below:

 

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FOMC came out and stocks reacted with another leg up - what's next?

FEDERAL RESERVE BEGAN
TAPPERING ITS $120 BILLION A MONTH PROGRAM.
$10 BILLION A MONTH OF
TREASURIES
$5 BILLION A MONTH OF
MORTGAGE BACKED SECURITIES
WAS:
$80 BILLION OF TREASURIES
$40 BILLION OF MORTGAGE BACKED
$1.44 TRILLION FOR THE YEAR

Gold sold off before hand and only bounced slightly.

Bonds sold off slightly.

Crude sold off the most but in my opinion it was API/ OPEC related and not FOMC related.

Many times, the real reaction to FOMC comes out the next day so price action, asset allocation across the different markets is important to watch.

Levels for tomorrow, Nov. 4th 2021:

 

[Overnight]

...

Many times, the real reaction to FOMC comes out the next day so price action, asset allocation across the different markets is important to watch...

So is this what you are intimating?

 

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Today's blog is available here.

Levels for Nov. 9th 2021:

 

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Levels for Nov. 10th 2021:

 

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Levels for 11.11.2021 below
A nice quick trading psychology course by the CME, available here.

 

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Levels for Friday, Nov. 12th 2021:

 

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Wishing all of you a nice weekend and a great trading week ahead!
Weekly newsletter with a few short trading tips videos available HERE.

Weekly levels for the longer term traders below, daily levels for Monday HERE