Hello Traders!
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.
If you are a day trader, below you will see markets that our proprietary ALGO has identified as being more suitable for attacking either from the long side or the short side for the next trading session.
Questions? We are happy to help!
Gold futures rallied sharply over the last few weeks but seems a bit heavy with  a possible short term correction.
I am looking for what I call a price confirmation for potential short term sell. If Aug gold breaks below 2333.3 I would look for possible 2307.6. If prices go back above  2376.6 it will prove me I am wrong….
Trading Levels for June 5th:
Ilan Levy-Mayer, M.B.A
Vice President
Cannon Trading Co, Inc. Est. 1988
www.CannonTrading.com
Â
310-859-9572
Margins / Commissions / Platforms / Professional Traders /Free Demo
Trading commodity futures and options involves a substantial risk of loss.
The information here is of opinion only and do not guarantee any profits.
Past performances are not necessarily indicative of future results.
On the date of publication, Ilan Levy-Mayer did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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