January 17, 2014 - Issue #720

In This Issue

1. Martin Luther King Day Trading Schedule & Zenfire Updates with Solutions
2. Hot Market Review - T-Bond Futures Bulls Gain Some Technical Momentum
3. Economic Calendar

1. Martin Luther King Day Trading Schedule & Zenfire Updates with Solutions  


ICE

ICE Futures US Softs including US Grains & Oilseeds Closed Fin Gas, Power & Emissions:

Early Close 13:30 ET

Russell Index

Early close 11:30 ET

USDX & FOREX

Early Close 13:00 ET

ICE Futures US Softs including US Grains & Oilseeds Closed Fin Gas, Power & Emissions:

Early Close 13:30 ET

Russell Index

Early close 11:30 ET

USDX & FOREX

Early Close 13:00 ET

CME Group

Download Martin Luther King Holiday Trading Schedule for CME Group in PDF format.

Zenfire Datafeed Issue

There has been a lot of noise right now in the industry as many traders who were using Ninja Trader with the Zen Fire data feed have not been able to trade for the last few weeks. If you were having this issue or know of someone that might be need help regarding Zenfire, read below.

Cannon Trading have successfully converted many Traders for the past 2 weeks, that were using NinjaTrader with Zenfire to one of our Multiple Data Feeds of Rithmic, CQG Continuum, Trading Technologies, and PATS. Some of these traders accounts has been funded and have resumed trading.

If you like this Newsletter, Please share!

To start your trial please provide a VALID email and phone number:

2. T-Bond Futures Bulls Gain Some Technical Momentum

From our friend Jim Wyckoff

Jim has an excellent daily newsletter where he reviews different markets, alerts you for potential trades and much more. Included is his great bi-weekly newsletter with charts and a little longer term outlook. We recommend checking out his website, educational CDROM, and services at www.jimwyckoff.com click on image below to enlarge

T-Bond Futures Bulls Gain Some Technical MomentumThe bond market bulls have gained some upside technical momentum recently, but have more work to do to suggest an uptrend can be sustained on the daily bar chart. See that recent price action has formed a bull flag. See, too, that the shorter-term moving averages I follow (9- and 18-day) are in a bullish mode as the 9-day has crossed above the 18-day and both lines are trending higher. A move above the solid technical resistance level seen on the chart would give the bond market bulls better upside technical momentum, to suggest an uptrend can indeed be sustained.

3. Economic Calendar

Source: Moore Research Center, Inc.

Date Reports Expiration & Notice Dates
01/20
Mon
MARTIN LUTHER KING, JR. DAY 
  
 
01/21
Tues

  
LT: Feb Crude Lt(NYM) 
01/22
Wed
6:00 AM CST - MBA Mortgage Index 
2:00 PM CST - Cold Storage 
  
 
01/23
Thurs
7:30 AM CST - Initial Claims-Weekly 
8:00 AM CST - FHFA Housing Price Index(Nov) 
9:00 AM CST - Existing Home Sales(Dec) 
9:00 AM CST - Leading Indicators(Dec) 
9:30 AM CST - EIA Gas Storage 
10:00 AM CST - API & DOE Energy Stats 
3:00 PM CST - Dairy Products Sales 
3:30 PM CST - Money Supply 
FN: Feb Crude Lt(NYM) 
  
01/24
Fri
7:30 AM CST - USDA Weekly Export Sales 
2:00 PM CST - Cattle On Feed 
  
 
LT: Feb 2,5,10 Year Notes Options(CBT) 
Feb Bonds Options(CBT) 
Feb Wheat Options(CBT) 
Feb Corn Options(CBT) 
Feb Oats Options(CBT) 
Feb Rough Rice Options(CBT) 
Feb Soybeans Options(CBT) 
Feb Soymeal Options(CBT) 
Feb Soyoil Options(CBT) 
01/27
Mon
9:00 AM CST - New Home Sales(Dec) 
  

* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.

** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.

*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!