Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Gold & Silver hit All Time Highs! PLUS: Weekly Natural Gas, Cannon Edge, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on January 23rd, 2026

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Gold & Silver at All Time Highs – Again!

By Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4716.60 4820.00 4876.10 4979.50 5035.60

Silver (SI)

— Mar. (#SI)

88.50 92.38 94.56 98.43 100.61

Crude Oil (CL)

— Feb (#CL)

57.87 58.64 59.73 60.50 61.59

 Mar. Bonds (ZB)

— Mar (#ZB)

114 13/32 114 26/32 115 2/32 115 15/32 115 23/32
gold silver

Gold & Silver hit All Time Highs – Again!

Albeit only three weeks into 2026, it’s the commodity futures story of the year – and this blog’s broken record update: gold, silver and platinum are all trading at all-time highs today. As of this typing, Feb. gold is trading up over $90 per ounce (a $9,000 per contract move) and trading over $4,900 per ounce. March silver is trading up nearly $3.75 per ounce (a $18,750 per contract move) and trading near $96 per ounce.

April platinum is trading up over $125 per ounce (a $6,250 per contract move) and is trading over $2,600 per ounce.

Matthew Weller of Investing.com painted this picture: “Between wartime-level fiscal deficits across the developed world, persistently above-target inflation, the independence of the Federal Reserve under fire, and the global geopolitical drama (Venezuela, Greenland, China, etc.), the fundamental case for precious metals has arguably never been stronger.”

Gold & Silver

Traders are no doubt eyeing $5,000 gold and $100 silver, but it’s always crucial to heed the current extreme volatility in these markets, which is unlikely to decrease any time soon. Consider your risk appetite and your trading account’s risk parameters before trading in all markets, but precious metals in particular in the present climate.

To recap, the CME Group raised margins on a number of precious metals futures contracts. Below are the new margins for the main precious metals futures contracts.

contact your Cannon Trading Co. broker for specifics.

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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Weekly Natural Gas

The weekly chart of natural gas has resumed its rally into a new high. If it can sustain further strength, the third upside PriceCount objective projects a possible run to the 7.26 area.

FREE TRIAL AVAILABLE

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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.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for January 23rd, 2026

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Triple Lever Stimulus PLUS: Weekly Copper, Levels, Reports; Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures on January 22nd, 2026

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2026 is Underway – What’s Ahead?

By Gal Levy, Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4691.53 4759.97 4825.53 4893.97 4959.53

Silver (SI)

— Mar. (#SI)

87.36 89.96 92.74 95.34 98.12

Crude Oil (CL)

— Feb (#CL)

58.59 59.61 60.26 61.29 61.93

 Mar. Bonds (ZB)

— Mar (#ZB)

113 18/32 114 7/32 114 22/32 115 11/32 115 26/32

The “Triple Lever” Stimulus and Economic Resilience from:

www.galtrades.com

triple lever

Historically, new Federal Reserve chairs face an early “test” from the market. Data over the last century suggests that these transitions often coincide with a market correction averaging 15%. While past performance is never a guarantee of future results, it remains a significant historical trend for investors to consider.

The Coordination of Economic Levers

Washington influences growth through three primary levers: fiscal policy (taxes and spending), monetary policy (interest rates), and credit policy (ease of borrowing). Historically, these functioned independently and were often uncoordinated:

  • Fiscal policy followed congressional     cycles.
  • Monetary policy was the domain of an     independent Fed.
  • Credit policy was often the result of     disjointed regulatory decisions.

This year marks a shift. All three levers are currently dialed toward stimulus, reflecting a unified focus by the administration and Congress on accelerating growth ahead of the November midterms.

Analysis from Jan Hatzius (Goldman Sachs)

On a recent Exchanges at Goldman Sachs podcast, Jan Hatzius noted several tailwinds for the U.S. economy:

  • Trade: Tariffs are no longer acting as a     primary drag.
  • Consumer Support: Tax cuts and strong     refunds are bolstering household spending.
  • Business Investment: Firms can now fully     depreciate equipment and plants, providing significant “physical     help” to the business sector.
  • Monetary Policy: Easing conditions are     expected to support a steady growth pace.

Hatzius does not anticipate a meaningful tightening in the labor market. However, he cautioned that a 0.5% increase in the unemployment rate is a historically reliable (though not guaranteed) indicator of an impending recession.

Corporate Health and Sectoral Trends

While GDP remains strong, the National Income and Product Accounts (NIPA) profit report—which covers a broader range of companies than just those on the S&P 500—paints a more nuanced picture. Earnings growth there has been anemic:

  • H1 2025: Growth was in negative territory.
  • Q3 2025: Growth marginally turned positive.
  • 2026 Outlook: Investors are waiting to see     if this recovery gains momentum.

Currently, investors are rotating into cyclicals, industrials, and materials. While manufacturing has faced a “sectoral recession” (as evidenced by the ISM Manufacturing Index), the broader economy’s strength relies on a resilient labor market and robust consumer spending.

Key Indicators to Watch This Week

To gauge the trajectory of the economy and the impact of current policies, the following data points are critical:

  1. Jobs Report: Looking beyond the headline     numbers for the “fine print” on labor participation and wage     growth.
  2. Productivity Data: A key measure of     long-term economic health.
  3. Import/Export Prices: Serving as a proxy     for the ongoing effects of tariff policies.
  4. J.P. Morgan Healthcare Conference: Often a     catalyst for movement in the biotech and pharma sectors.

If the cost of capital continues to decrease, we can expect a significant boost in the housing and automotive sectors, further stabilizing the current expansion.

FUTURES:

1. Equity Futures: S&P 500 (ES) & Nasdaq 100 (NQ)

  • Fundamental: Investors are pricing in a     “perfect growth scenario” driven by the coordination of fiscal     and credit stimulus. However, the NIPA profit report shows that     while public tech giants are thriving, the broader economy’s earnings are     anemic, creating a divergence between the “headline” and the     “foundation.”
  • Technical: The S&P 500 futures recently     tested psychological resistance near 7,000.
  • Support: Immediate support sits at 6,885.      A break below 6,730 would signal a “lower low,”      potentially confirming the 15% historical “New Fed Chair”      correction you mentioned.
  • Resistance: Bulls are pushing for a      sustained break above 7,000 to extend the rally.

2. Interest Rate Futures: 10-Year Treasury Note (ZN)

  • Fundamental: The “Fed Test” is     most visible here. The 10-year yield has jumped to 4.29% (the     highest since August), reflecting market skepticism about the Fed’s     ability to cut rates further while the White House pushes for aggressive     stimulus.
  • Technical: Ultra 10-year futures are     trading in a tight range near 114’085.
  • The Play: Traders are watching the 114.75      level; a failure to hold here suggests that bond markets expect      “higher for longer” rates despite political pressure for      easing.

3. Energy Futures: WTI Crude Oil (CL)

  • Fundamental: Oil is under pressure due to a     projected supply surplus of nearly 4 million barrels per day by the     IEA. While geopolitical risks (like the “Venezuela Shock”)     provide temporary spikes, the fundamental “glut” is the dominant     narrative.
  • Technical: Crude is currently in a bearish     descending channel that began in late 2025.
  • Key Level: It is struggling to hold the $60.00      barrier. A confirmed close below $55.00 opens the door for a slide      toward $49.00, which aligns with a 160-year historical trendline.

4. Metals Futures: Gold (GC)

  • Fundamental: Gold is the star performer of     2026 so far, acting as a hedge against “monetary instability”     and concerns over Federal Reserve independence. Central banks (China,     India, Turkey) continue to be aggressive buyers.
  • Technical: Gold recently smashed through     the $4,550 level.
  • Outlook: It is currently      “overbought” but lacks bearish divergence. Analysts are      targeting the 161.8% Fibonacci extension at $4,712 for the      remainder of Q1.

OUTLOOK:

Fundamental: overall I think the equity market is overbought in the short term. The SPX broke the 50 DMA and closed below the average. In past corrections the 50 DMA was a buying signal, it will be interesting to see how this plays out this time around.

Europe has been lowering short term rates for a while and the long term rates have gone up, will that scenario play out in the US markets as well?

Trading commodity futures, Stocks, ETF, Bonds, Options and any other financial derivative 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.

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change
  • 30‑day and 52‑week highs/lows
  • PROPRIETARY Short‑term and long‑term trend signals
  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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Weekly Copper

Copper prices have tripled since making a bottom in early 2016. Now, the weekly chart is taking aim at its third upside PriceCount objective to the 6.69 area where it would be normal to get a reaction in the form of a consolidation or corrective trade, at least. The low percentage fourth count to the 11.59 area is not shown here for presentation purposes.

FREE TRIAL AVAILABLE

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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.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for January 22nd, 2026

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Trading With Futures

trading with futures

Trading With Futures

trading with futures

trading with futures

In the ever-evolving landscape of global finance, the decision to engage in trading with futures is one that many individual investors revisit throughout their careers. While the allure of equities and bonds is undeniable, the unique structural advantages of the derivatives market—governed largely by the CME (Chicago Mercantile Exchange)—provide a compelling case for seasoned and novice participants alike. This essay explores the primary drivers behind the return of individual traders to the futures market, with a focus on risk management and the institutional-grade support provided by firms like Cannon Trading Company.

Why are individual finance traders returning to the futures market?

The return to the futures market is often catalyzed by a need for greater capital efficiency and 24-hour market access. Unlike the stock market, which is largely confined to standard business hours, trading in futures allows participants to respond to global economic events as they happen. Whether it is a late-night interest rate announcement from an overseas central bank or a sudden shift in geopolitical stability, the futures market remains open, providing a venue for immediate action.

Furthermore, the concept of leverage is a significant draw. In the futures arena, a trader can control a large contract value with a relatively small amount of margin. This capital efficiency allows for a more diversified approach to one’s portfolio without tying up the massive amounts of liquidity required for traditional stock ownership.

How does hedging other investments function within a futures strategy?

Hedging is perhaps the most sophisticated reason individuals prioritize trading with futures. At its core, hedging is a risk management strategy used to offset potential losses in one investment by taking a contrary position in another.

The Role of the E-mini and Micro Contracts

According to the CME, the introduction of the E-mini and Micro E-mini contracts revolutionized the ability of the individual trader to hedge. If an investor holds a substantial portfolio of blue-chip stocks, they are inherently exposed to “systemic risk”—the risk that the entire market will decline. By trading in futures, specifically by selling (shorting) an E-mini S&P 500 contract, the investor can protect their equity holdings. If the stock market drops, the loss in the physical stock portfolio is offset by the gain in the short futures position.

Strategic Precision

The precision of these hedges is a primary reason for their popularity. Because futures contracts are standardized, traders can calculate exactly how many contracts are needed to neutralize their exposure. This “insurance policy” allows investors to maintain their long-term stock positions—avoiding the tax consequences of selling shares—while insulating themselves from short-term volatility.

Why is Cannon Trading Company considered a top choice for futures traders?

Selecting a brokerage is the most critical decision a trader makes. Cannon Trading Company, founded in 1988, has maintained its status as a premier firm by focusing on the “human element” of brokerage. In an era dominated by automated bots and faceless apps, Cannon provides a dedicated broker model that many traders find indispensable.

Reputation and Trust

A quick glance at Trustpilot reveals the depth of client satisfaction associated with the firm. Traders frequently cite the personalized service, the speed of communication, and the deep industry knowledge of the Cannon staff. Being a “boutique” clearing firm allows them to offer a level of attention that larger, institutional-only firms cannot match.

Platform Diversity: E-Futures and Beyond

Cannon Trading Company provides access to a wide array of technology, including the E-futures platform. This software is designed for high-performance execution, offering the stability and speed required to navigate volatile markets. Whether a trader is focused on technical analysis or simple order execution, the E-futures suite provides the necessary tools to implement complex strategies efficiently.

What makes the current market environment ideal for trading with futures?

The volatility observed in the mid-2020s has served as a wake-up call for many. Traditional “buy and hold” strategies can be decimated by sudden market corrections. Trading with futures offers a way to profit in both rising and falling markets. Because there are no “uptick rules” or the restrictive borrowing costs associated with shorting stocks, trading in futures provides a level playing field for those who believe the market is overvalued.

The CME provides a transparent and regulated environment where every participant sees the same price and the same depth of market. This transparency, combined with the low transaction costs compared to individual stock picking, makes the futures market an efficient engine for wealth management.

The Longevity of Cannon Trading Company in the Industry

Why does Cannon Trading Company continue to thrive decades after its inception? The answer lies in their adaptability. While they have embraced the latest technology, such as the E-mini and Micro contracts, they have never abandoned the core principle of trader education.

Traders often return to Cannon because the firm acts as a partner rather than just a transaction processor. Their longevity is a testament to their ability to guide clients through various market cycles—from the dot-com bubble to the financial crises of the 21st century. By maintaining high standards of integrity, as reflected in their Trustpilot ratings, they have built a legacy of trust that is rare in the financial services sector.

Deep Dive: Managing Risk When Trading in Futures

While the benefits of trading in futures are numerous, the importance of risk management cannot be overstated. The same leverage that allows for significant gains can also lead to substantial losses if not managed correctly.

  • Stop-Loss Orders: Every professional trader utilizing E-futures or similar platforms understands the necessity of a stop-loss. This is a pre-determined price at which a losing trade is automatically closed to prevent further capital erosion.
  • Margin Awareness: Understanding the difference between initial margin and maintenance margin is vital. Cannon Trading Company brokers often work with clients to ensure they are capitalized sufficiently to withstand the “noise” of daily market fluctuations.
  • Position Sizing: Because of the high notional value of contracts like the E-mini, traders must be disciplined in how many contracts they carry relative to their account size.

The Evolution of the E-mini and Retail Accessibility

The CME Group’s creation of the E-mini was a watershed moment for the individual. Before its inception, futures contracts were often too large for the average retail account to handle. The E-mini allowed for a more granular approach, and the subsequent launch of Micro E-mini contracts (at 1/10th the size) has lowered the barrier to entry even further.

Today, trading with futures is no longer the exclusive domain of floor traders in colorful jackets. It is a digital, global, and highly accessible market. With the support of an established firm like Cannon Trading Company, individuals can leverage these institutional tools to build a more resilient financial future.

Why Traders Stay: The Cannon Advantage

The reason traders stay with Cannon Trading Company for years, and even decades, is the stability of the relationship. In the fast-paced world of trading in futures, having a calm, experienced voice at the other end of the line during a market panic is worth more than any algorithm.

The firm’s commitment to providing multiple clearing options and a vast selection of platforms (like E-futures) ensures that as a trader’s needs evolve, their brokerage can evolve with them. This flexibility, combined with the stellar reputation evidenced on Trustpilot, makes them the logical choice for anyone serious about their trading career.

trading with futures

trading with futures

FAQ: Frequently Asked Questions About Futures Trading

What is the difference between trading with futures and trading stocks?

While stocks represent equity ownership in a company, futures are contracts to buy or sell an underlying asset at a future date. Trading with futures offers higher leverage, 24-hour access, and the ability to go short as easily as going long, which is not always the case with equities.

Is trading in futures suitable for beginners?

It can be, provided the beginner is willing to invest time in education. Using the Micro E-mini contracts is a popular way for new traders to start with lower financial risk while learning the mechanics of the market.

Why do I need a broker like Cannon Trading Company?

A broker provides the necessary infrastructure to access the exchanges (like the CME). Cannon Trading Company offers the added benefit of personalized support, various platform choices like E-futures, and a history of reliable service.

How does the E-mini S&P 500 contract work?

The E-mini tracks the S&P 500 index. When you buy a contract, you are essentially betting that the index will rise. Because it is electronically traded, it offers high liquidity and tight spreads, making it ideal for both day trading and hedging.

Where can I see real reviews of Cannon Trading Company?

The most transparent and verified reviews can be found on Trustpilot, where the company maintains a high rating based on years of client feedback regarding their service and execution.

What are the costs associated with trading in futures?

Costs typically include exchange fees, clearing fees, and broker commissions. Cannon Trading Company is known for competitive pricing, especially for active traders who utilize platforms like E-futures.

Can I hedge a small portfolio using futures?

Yes. With the advent of Micro contracts on the CME, even smaller portfolios can be effectively hedged. This allows individual investors to use the same sophisticated risk-management techniques as large institutional funds.

The Future of Your Portfolio

The financial markets of the future will likely continue to be characterized by volatility and rapid change. For the individual trader, the ability to adapt is paramount. Trading with futures provides the versatility required to navigate these waters, whether through aggressive speculation or defensive hedging.

By partnering with a firm that has stood the test of time, such as Cannon Trading Company, and utilizing robust platforms like E-futures, you gain access to the tools, the technology, and the expertise needed to succeed. The move toward trading in futures is more than just a trend; it is a return to a market that offers the transparency, liquidity, and efficiency that modern investors demand.

Whether you are looking to hedge your long-term stock holdings with the E-mini or you are seeking to capitalize on the 24-hour nature of global commodities, the futures market remains the gold standard for active finance. As you move forward, remember that the quality of your information and the reliability of your broker are your most valuable assets.

Try a FREE Demo!

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (310)859-9572 (International), or email info@cannontrading.com to speak with one of our experienced, Series-3 licensed futures brokers and begin your futures trading journey with Cannon Trading Company today.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. Past performance is not indicative of future results. Carefully consider if trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this article are opinions only and do not guarantee any profits. This article is for educational purposes. Past performances are not necessarily indicative of future results.

This article has been generated with the help of AI Technology and modified for accuracy and compliance.

Follow us on all socials: @cannontrading

 

Micro Silver February 9th! PLUS: March Canola, Levels, Reports; Your 4 Important Can’t Miss Need-To-Knows for Trading Futures on January 21st, 2026

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Micro Silver – Coming Soon!

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4570.30 4667.70 4719.60 4817.00 4868.90

Silver (SI)

— Mar. (#SI)

88.28 91.33 93.56 96.61 98.84

Crude Oil (CL)

— Feb (#CL)

57.54 58.52 59.52 60.50 61.50

 Mar. Bonds (ZB)

— Mar (#ZB)

112 24/32 113 16/32 114 19/32 115 11/32 116 14/32

Micro Silver!

Coming to a trading platform near you February 9th!

silver

With the extreme volatility in the precious metals market in the recent past, we have seen daily swings of $35000.00 or more from daily highs to low in a number of contracts, Gold and Silver have been the biggest offenders. Today alone the March 2026 silver contract had a $26400.00 range from high to lo, if you take yesterdays activity into account, the total dollar swing from Monday’s lo to today’s hi is $46,050.00.

As a result of this high market volatility, the overnight and day trading margins are playing catch up with the volatility, the current Overnight Margin requirement in the 5000 oz. Silver contract is $43605.00 , so expensive in fact, the Volume for the 5000 oz contract is less than half of the Micro silver contract 1000oz, Vol.  The March Silver volume is 157,460 contracts while the SIL (micro silver) 1000 oz contract had a Vol of 402,258 as of this writing. With Margin is as a byproduct of volatility and the highest margined Micro futures contract now on the CME at $8822.00, even that may be getting too expensive for the retail trader.

 

Have no fear, a brand spanking new 100 oz silver contract from the CME will be debuting on February 9th.

This contract will be financially settled, (cash settlement), the minimum fluctuation will be a dollar a penny $1.00 per 00.01 tick. The symbol will be SIC. The margin has yet to be determined, my best guess. $500 or lower. (There is a mini silver that is a 2500 oz contract) but has very little volume therefore, lacking liquidity. Feel free to contact your Broker for more info about this opportunity & risk.

 Contact your Cannon Trading Co. Broker for specifics.

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change
  • 30‑day and 52‑week highs/lows
  • PROPRIETARY Short‑term and long‑term trend signals
  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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March Canola

March Canola satisfied its second upside PriceCount objective and is consolidating just below the recovery high. At this point, IF the chart can resume its rally with new sustained highs, the third count would project a possible run to the 680 area.

FREE TRIAL AVAILABLE

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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.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for January 21st, 2026

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

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MLK Day Monday, Core PCE, March Cocoa, Energies, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on January 19th, 2026

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Cannon Futures Weekly Letter

In Today’s Issue #1274

  • The Week Ahead – MLK Trading Hours, Core PCE, Energy Numbers on Thursday

  • Futures 101 – XRP, Solana, 1 ounce Gold & More are Now Available on CannonX

  • Cannon Edge – Your Futures trading Map for the week ahead!

  • Hot Market of the Week – March Cocoa

  • Broker’s Trading System of the Week – NQ Day Trading System 

  • Trading Levels for Next Week
  • Trading Reports for Next Week

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4497.70 4542.70 4584.10 4629.10 4670.50

Silver (SI)

— Mar. (#SI)

83.39 86.28 89.46 92.35 95.54

Crude Oil (CL)

— Feb (#CL)

58.14 58.72 59.38 59.96 60.62

 Mar. Bonds (ZB)

— Mar (#ZB)

114 27/32 115 5/32 115 23/32 116 1/32 116 19/32

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

 

MLK Holiday Schedule Monday, Earnings season goes full swing, Nat Gas and Crude stocks numbers out on Thursday this week.

We’ll see you next week! Please enjoy a safe and memorable weekend.

Earnings Next Week:

·        Mon. Quiet

·        Tue. Financials all week, Banks, Brokerages. 3M,Netfilx, United Airlines

·        Wed. Haliburton, J&J,  Banks and Brokerages,

·        Thu. P&G, Alcoa, Intel

·        Fri.  Quiet

FED SPEECHES: (all times CST)

·        Mon.  Fed

·        Tues.  Blackout

·        Wed. Period

·        Thu. None

·        Fri.  None

Econ Data: (all times CST)

·        Mon. None during MLK day

·        Tue. ADP Weekly

·        Wed. Redbook, Pending Home Sales, 20yr bond auction

·        Thu. Core PCE, Nat Gas and Crude numbers, Fed Balance sheet

·        Fri. S&P PMI, Mich. Consumer Sentiment

MLK Hours below – click Image for Larger Display

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Review below some Crypto contracts and new gold contracts!

Name Exchange Class Exchange Symbol CannonX Symbol Liquidity
1-oz. Gold CME 1 Troy Ounce 1OZ M1OZ Very liquid: 10’s of thousands of contracts per day
10-oz. Gold CME 10 Troy Ounces MGC MGC Extremely liquid: 100’s of thousands of contracts per day
XRP CME 50,000 XRP XRP GXRP Illiquid: less than 1000 contracts per day
Micro XRP CME 2,500 XRP MXP GMXP Moderately liquid: 1,000-5,000 contracts per day
XRP CoinBase 10,000 XRP XRP XRL Looks extremely liquid: CoinBase XRP Price Page
Solana CME 500 SOL SOL SLC Moderately liquid: 1,000-5,000 contracts per day: CME Solana Vol. & Open Int.
Micro Solana CME 25 SOL MSL Moderately liquid: 1,000-5,000 contracts per day: CME Micro Solana Vol. & Open Int.

Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change
  • 30‑day and 52‑week highs/lows
  • PROPRIETARY Short‑term and long‑term trend signals
  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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Hot Market of the 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

March Cocoa

March Cocoa resumed its break into a new low which formally negated the remaining unmet upside counts established ono the recovery. The chart is approaching its low percentage fourth downside count to the 4680 area which suggests we could be in the final stretch of this phase of the bear move.

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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.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Brokers Trading System of the Week

Abacus Raider Xtreme Trading System

Market Sector: indices

Markets Traded:   NQ- Mini NQ

System Type: Day Trading

Risk per Trade: varies

System Description: A day trading system currently traded by the developer who has 15+ years’ experience. It is based on the successful Abacus Raider NQ system but expanded significantly to generate an average of 15-25 trades a month. By utilising negative correlations between positions, a low level of capital requirement is retained but with greatly increased profit potential over time. All trades are strictly limited to a duration of only a few minutes to minimise risk and provide an unparalleled risk/reward profile. The system is available in the NQ market only (no MNQ).

Broker’s Suggested Capital: $11,000

Developer Fee per contract: $175.00 Monthly Subscription

Get Started

Learn More

2025 summary below:

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Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

System Trades Disclosure:

System Description

“System Description” is based upon information obtained from specific system marketing documents, system developers and/or system vendors themselves. While the information is believed to be reliable, we cannot guarantee its completeness or accuracy.

Actual Monthly Performance

The table and charts represent the monthly/quarterly/annual summation of actual trades based on system-specified contract(s) executed through Striker Securities, Inc. using the referenced trading system or system vendor for the stated time period. Commissions and monthly vendor fees are deducted from the tabulation. Results are based on 1 contract.

If a client trades 2 contracts his gain or loss is twice as displayed (and so on). This table is presented for information purposes only and is not a solicitation for the referenced system or vendor. The purpose of this information is for clients to compare their brokerage statements to what is displayed on Striker’s site. Striker as a matter of policy has no ownership with the referenced system or vendor or any other trading system or vendor.

Past trade history may not be indicative of future results. The results indicated here may or may not be typical of the performance of this system and, ALTHOUGH WE BELIEVE THIS INFORMATION TO BE ACCURATE, CANNON TRADING COMPANY MAKES NO ENDORSEMENT OF THIS OR ANY SYSTEM NOR WARRANTS ITS PERFORMANCE. This is not the only trading system that Striker executes for its clients. Potential traders should carefully investigate, evaluate and compare trading systems before investing capital. Some or all trading systems may involve an inappropriate level of risk for potential traders.

It is the nature of commodity trading that where there is the opportunity for profit, there is also the risk of loss. In opening an account through CANNON TRADING COMPANY, Customer acknowledges and agrees that he/she will rely solely upon the information that CANNON TRADING COMPANYprovides to you. Thus, all prior third-party materials provided are superseded by the information and disclosures provided by CANNON TRADING COMPANY.

Important Information About this Trading System Analysis

Statistics, tables, charts and other information on trading system monthly performance are based on actual trading unless otherwise specified. Actual dollar and percentage gains/losses experienced by investors would depend on many factors not accounted for in these statistics, including, but not limited to, starting account balances, market behavior, developer fees, incidence of split fills and other variations in order execution, and the duration and extent of individual investor participation in the specified system.

While the information and statistics given are believed to be complete and accurate we cannot guarantee their completeness or accuracy as they results are key punched and subject to human error. Performance information is not the performance of a single account, but a compilation of several accounts over time, and is based on the physical trading ticket.

THIS INFORMATION IS PROVIDED FOR EDUCATIONAL/ INFORMATIONAL PURPOSES ONLY AND USED BY CURRENT CLIENTS TO AUDIT THEIR STATEMENTS TO STRIKER SITE. These results are not indicative of, and have no bearing on, any individual results that may be attained by the trading system in the future.

This trading system, like any other, may involve an inappropriate level of risk for prospective investors.

THE RISK OF LOSS IN TRADING COMMODITY FUTURES AND OPTIONS CAN BE SUBSTANTIAL AND MAY NOT BE SUITABLE FOR ALL INVESTORS.

Prior to purchasing or leasing a trading system from this or any other system vendor or investing in a trading system with a registered commodity trading representative, investors need to carefully consider whether such trading is suitable for them in light of their own specific financial condition. In some cases, futures accounts are subject to substantial charges for commission, management, incentive or advisory fees.

It may be necessary for accounts subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. In addition, one should carefully study the accompanying prospectus, account forms, disclosure documents and/or risk disclosure statements required by the CFTC or NFA, which are provided directly by the system vendor and/or CTA’s.

The information contained in this report is provided with the objective of “standardizing” trading systems measurements, and it is intended for educational /informational purposes only. All information is offered with the understanding that an investor considering purchasing or leasing a system must carry out his/her own research and due diligence in deciding whether to purchase or lease any trading system noted within or without this report.

This report does not constitute a solicitation to purchase or invest in any trading system which may be mentioned herein. CANNON TRADING COMPANY AND STRIKER SECURITES, INC. MAKES NO ENDORSEMENT OF THIS OR ANY OTHER TRADING SYSTEM NOR WARRANTS ITS PERFORMANCE. THIS IS NOT A SOLICITATION TO PURCHASE OR SUBSCRIBE TO ANY TRADING SYSTEM.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit.

Would you like to get weekly updates on real-time, results of systems mentioned above?

Daily Levels for Jan. 19th, 2026

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Would you like to receive daily support & resistance levels?

Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Join our Private Facebook group

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Listen to our podcast: Subscribe on AppleSpotify, Amazon

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SP500 Index Futures

sp500 index futures

Traders Choose SP500 Index Futures for a Good Reason.

sp500 index futures

sp500 index futures

Few financial instruments command as much global attention as sp500 index futures. These contracts are not merely speculative tools; they are widely regarded as one of the most efficient ways to gain exposure to the U.S. equity market as a whole. For decades, institutional players, professional traders, hedgers, and increasingly sophisticated retail traders have relied on sp500 index futures to express market views, manage risk, and capitalize on short-term and long-term opportunities.

Closely related to this market is the s and p 500 futures index, which represents a forward-looking view of the underlying S&P 500 equity benchmark. Together, these futures markets have become cornerstones of global derivatives trading.

This essay explores the primary reasons traders choose sp500 index futures, why these contracts remain relevant in modern markets, and why Cannon Trading Company continues to stand out as a premier brokerage choice for traders focused on the s and p 500 futures index. The discussion is structured in a clear question-and-answer format to enhance readability, search visibility, and accessibility for both human readers and AI-driven search engines.

What Exactly Are SP500 Index Futures?

sp500 index futures are standardized futures contracts that track the expected future value of the S&P 500 Index. Rather than buying or selling individual stocks, traders gain exposure to the collective performance of 500 of the largest publicly traded U.S. companies through a single instrument.

The s and p 500 futures index functions as a forward projection of equity market sentiment. Prices reflect expectations about earnings, interest rates, inflation, geopolitical events, and overall economic health. Because these contracts trade nearly 24 hours a day, they offer insight into how global markets are reacting even when stock exchanges are closed.

Why Do Traders Prefer SP500 Index Futures Over Individual Stocks?

One of the most compelling reasons traders choose sp500 index futures is diversification efficiency. Instead of assuming single-stock risk, traders gain exposure to the broader market in one transaction.

With the s and p 500 futures index, price movement is driven by macroeconomic forces rather than company-specific headlines. This appeals to traders who prefer analyzing economic data, central bank policy, and global capital flows rather than quarterly earnings surprises.

Additionally, sp500 index futures reduce the complexity of portfolio construction. Traders can express bullish or bearish views without managing dozens of individual equity positions, making these contracts particularly attractive to professionals and active traders.

Liquidity and Volume Influence Trading Decisions

Liquidity is a defining advantage of sp500 index futures. These contracts consistently rank among the most actively traded futures products in the world. High liquidity translates to tight bid-ask spreads, efficient price discovery, and reduced slippage.

The s and p 500 futures index benefits from massive institutional participation, including pension funds, hedge funds, proprietary trading firms, and global asset managers. This constant flow of orders ensures that traders can enter and exit positions quickly, even during periods of heightened volatility.

For active traders, this level of liquidity is not just convenient—it is essential.

Leverage is a Key Attraction of SP500 Index Futures

Leverage is another major reason traders are drawn to sp500 index futures. Futures contracts allow market participants to control a large notional value with a relatively small margin deposit.

The s and p 500 futures index enables traders to amplify returns when markets move in their favor. Importantly, professional traders understand that leverage must be used responsibly. Futures markets are designed for disciplined risk management, with clearly defined margin requirements and daily settlement processes.

When used properly, leverage makes sp500 index futures capital-efficient tools for both speculation and hedging.

How Do SP500 Index Futures Support Hedging Strategies?

Hedging is a core function of sp500 index futures. Institutional investors often use these contracts to protect equity portfolios against downside risk without liquidating underlying stock holdings.

For example, a fund manager concerned about short-term market weakness can sell sp500 index futures while maintaining long-term equity exposure. The s and p 500 futures index thus becomes a flexible risk management instrument, allowing participants to respond quickly to changing market conditions.

This dual role—speculation and risk mitigation—is one reason these futures remain indispensable in modern finance.

SP500 Index Futures are Ideal for Short-Term and Long-Term Traders

sp500 index futures are uniquely versatile. Day traders value their volatility, liquidity, and nearly round-the-clock access. Swing traders appreciate the clean technical structure and responsiveness to macro news. Longer-term traders use the s and p 500 futures index to position for economic cycles, monetary policy shifts, and earnings growth trends.

Because these contracts respond predictably to interest rate decisions, inflation data, and employment reports, traders can align strategies across multiple time horizons using a single instrument.

Transparency is another reason traders trust sp500 index futures. Pricing is centralized, regulated, and highly visible. Market depth, volume, and order flow are readily available on professional trading platforms.

The s and p 500 futures index reflects collective expectations in real time, making it one of the most widely followed indicators of global risk sentiment. This transparency builds confidence among traders who rely on clear, unbiased market signals.

Why Do Traders Choose Cannon Trading Company for SP500 Index Futures?

sp500 index futures

sp500 index futures

Cannon Trading Company has built its reputation by serving serious futures traders for decades. When it comes to sp500 index futures, Cannon’s strengths lie in experience, service, and infrastructure.

Traders working with Cannon gain access to professional-grade platforms, deep market connectivity, and knowledgeable brokers who understand the nuances of the s and p 500 futures index. This combination of technology and human expertise sets Cannon apart in an increasingly automated industry.

How Does Cannon Trading Support Both New and Experienced Traders

Cannon Trading Company recognizes that traders are not one-size-fits-all. For newcomers to sp500 index futures, Cannon provides education, platform guidance, and risk management support. For experienced traders, Cannon delivers low-latency execution, advanced analytics, and access to institutional-quality tools.

The firm’s long-standing relationship with platforms and exchanges connected to the s and p 500 futures index ensures reliability during volatile market conditions—when execution quality matters most.

Cannon Trading Company Has Remained Relevant Over Time

Longevity in the futures industry is not accidental. Cannon Trading Company has adapted to changing technology, evolving regulations, and shifting trader expectations while maintaining a client-first philosophy.

As sp500 index futures have grown in popularity, Cannon has continued to invest in platform access, customer service, and educational outreach. Its alignment with respected industry names such as E-Futures and its strong reputation reflected on Trustpilot reinforce its standing as a trusted brokerage.

This commitment explains why traders continue to choose Cannon when trading the s and p 500 futures index year after year.

How Do SP500 Index Futures Reflect Global Market Sentiment?

The global relevance of sp500 index futures cannot be overstated. Because the S&P 500 represents a large share of global market capitalization, movements in these futures often influence international markets.

The s and p 500 futures index is frequently used as a benchmark for global risk appetite. Overnight price action often sets the tone for equity markets worldwide, further cementing the importance of these contracts.

What Role Does Technology Play in SP500 Index Futures Trading?

Modern trading technology has enhanced access to sp500 index futures. Advanced charting, algorithmic tools, and real-time data allow traders to analyze the s and p 500 futures index with precision.

Cannon Trading Company integrates these technologies into its offerings, ensuring clients remain competitive in fast-moving markets.

Why SP500 Index Futures and Why Cannon Trading Company

In summary, traders choose sp500 index futures because they offer diversification, liquidity, leverage, transparency, and flexibility across timeframes. The s and p 500 futures index serves as a powerful lens through which global market expectations are expressed.

Cannon Trading Company remains a top choice because it combines decades of futures expertise with modern technology and personalized service. For traders serious about navigating the opportunities and risks of sp500 index futures, Cannon continues to provide a trusted gateway to the world’s most important equity futures market.

FAQ: SP500 Index Futures

What are sp500 index futures used for?

They are used for speculation, hedging, and gaining broad exposure to the U.S. equity market through a single futures contract.

How does the s and p 500 futures index differ from the cash index?

The futures index reflects expected future prices and trades nearly 24 hours a day, while the cash index updates only during stock market hours.

Are sp500 index futures suitable for beginners?

They can be, provided traders receive proper education, risk management guidance, and brokerage support.

Why do professionals prefer futures over ETFs?

Futures often offer greater capital efficiency, tax advantages, and nearly continuous trading access.

Why choose Cannon Trading Company?

Cannon offers experience, strong customer service, professional platforms, and a long-standing reputation in futures markets.

Try a FREE Demo!

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (310)859-9572 (International), or email info@cannontrading.com to speak with one of our experienced, Series-3 licensed futures brokers and begin your futures trading journey with Cannon Trading Company today.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. Past performance is not indicative of future results. Carefully consider if trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this article are opinions only and do not guarantee any profits. This article is for educational purposes. Past performances are not necessarily indicative of future results.

This article has been generated with the help of AI Technology and modified for accuracy and compliance.

Follow us on all socials: @cannontrading

 

MLK Day Fast Approaching PLUS: Cannon Edge, March Corn, Levels, Reports; your 5 Important Can’t Miss Need-To-Knows for Trading Futures on January 16th, 2026

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Last Trading Day of the week, MLK Schedule

By Ilan Levy-Mayer, VP

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4558.80 4586.80 4612.00 4640.00 4665.20

Silver (SI)

— Mar. (#SI)

83.16 87.77 90.74 95.35 98.31

Crude Oil (CL)

— Feb (#CL)

57.33 58.14 59.58 60.39 61.83

 Mar. Bonds (ZB)

— Mar (#ZB)

115 25/32 115 30/32 116 9/32 116 14/32 116 25/32

 Monday we will observe MLK Holiday here in the US!

mlk

Most markets are open but with modified schedule, please visit full details here.

  • Housing numbers and Fed speakers to dominate tomorrow’s schedule along with any possible geopolitical developments.
  • Heads up precious metals futures traders. Did you know CME Group offers a 1-oz. gold futures contract? That’s right: a gold futures contract that’s one hundredth the size of the main 100-contract. This is a cash-settled contract. You can’t take physical delivery of the one ounce of gold from which the contract is derived, but it offers a lower-margin product to trade gold.

Each $1 move in the contract is equal to a $1 move. It moves in $0.25 increments.

CME Group’s full contract specifications

The current initial margin requirement is $253.

Contact your Cannon Trading Co. broker for FCM availability and platform symbol.

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and AGs

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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March Corn

March Corn activated fresh downside PriceCount objectives on the sharp break and satisfied the first objective in the process. The chart is correcting but if we can resume the slide with new sustained lows, the second count would project a run to the $4.14 area which is consistent with a test of the August contract low.

FREE TRIAL AVAILABLE

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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.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for January 16th, 2026

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Precious Metals Continue Roaring!!!!! PLUS: Cannon Edge, Bloomberg Commodity Index, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on January 15th, 2026

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Metals!

By Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4571.07 4604.03 4627.27 4660.23 4683.47

Silver (SI)

— Mar. (#SI)

84.36 88.78 91.17 95.59 97.98

Crude Oil (CL)

— Feb (#CL)

57.29 58.62 60.41 61.74 63.53

 Mar. Bonds (ZB)

— Mar (#ZB)

115 7/32 115 24/32 116 3/32 116 20/32 116 31/32

Precious Metals Continue to Roar!

metal

Metals:

Heads up precious metals futures traders. Did you know CME Group offers a 1-oz. gold futures contract? That’s right: a gold futures contract that’s one hundredth the size of the main 100-contract. This is a cash-settled contract. You can’t take physical delivery of the one ounce of gold from which the contract is derived, but it offers a lower-margin product to trade gold.

Each $1 move in the contract is equal to a $1 move. It moves in $0.25 increments.

CME Group’s full contract specifications

The current initial margin requirement is $253.

Contact your Cannon Trading Co. broker for FCM availability and platform symbol.

More metals:

Keep an eye out for the introduction of a new 100-ounce silver futures contract being released in February.  The 100-Ounce Silver futures contract will offer a lower-margin product to trade a silver position. At 100 ounces, the contract is 1/50 the size of the main 5,000-oz. silver fututres contract, meaning each 1-cent move in the contract will be equal to $1.

More Metals:

To recap, the CME Group raised margins on a number of precious metals futures contracts. Below are the new margins for the main precious metals  futures contracts.

Day trading margins vary among clearing firms / FCM’s.

If needed, contact your Cannon Trading Co. broker for specifics.

S
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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change
  • 30‑day and 52‑week highs/lows
  • PROPRIETARY Short‑term and long‑term trend signals
  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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Bloomberg Commodity Index

 

The Bloomberg Commodity Index is a weighted index of commodities from the grains, meats, energy, metals, and soft sectors. The weekly chart broke out of its extended range this fall and now it is gapping away from the first PriceCount objective. If the chart can sustain further strength, we could be headed for a challenge of the second count.

FREE TRIAL AVAILABLE

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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.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for January 15th, 2026

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

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Listen to our podcast: Subscribe on AppleSpotify, Amazon

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Precious Metals Continue to ROAR!!!! Crude Oil Numbers, Levels, Reports; Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures on January 14th, 2026

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PPI, Business Inventories, Fed Speakers,

Crude Oil Numbers

& more

Look for a volatile trading day tomorrow!

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4537.77 4566.13 4605.07 4633.43 4672.37

Silver (SI)

— Mar. (#SI)

80.59 83.68 86.45 89.54 92.31

Crude Oil (CL)

— Feb (#CL)

58.65 59.85 60.68 61.88 62.71

 Mar. Bonds (ZB)

— Mar (#ZB)

115 2/32 115 13/32 115 22/32 116 1/32 116 10/32

 Precious Metals Continue to Roar!

metal

The precious metals move to the upside has continued today with the sharp move higher for Silver which traded up over 7% on the day today, reaching a new all-time high price of $86.34 today and closing slightly below that level. Gold and Copper also traded higher with gold trading up over 2% and Copper trading higher by around 1.6%, and the momentum is still strong across the asset class.

There has been a lot of headlines and global uncertainty that could be playing a role in the dramatic moves to the upside, but any selling that has been seen over the last year has been met with buying on weakness helping drive the prices higher.

The equities also saw a positive day today with the S&P, Nasdaq and Russell all trading marginally higher led by the Russell. This has been a common theme over the past few months where the Russell either leads equities higher or leads the prices to the downside, and that trend continued today.

There is a lot of economic data being released this week, starting tomorrow looking at CPI, which can have a strong impact on the equities, precious metals, treasuries and the crypto futures that traders will be watching throughout the week.

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Coinbase Products available for trading on the StoneX (CannonX) Futures Platform! See details below:

Name Exchange Class Exchange Symbol CQG Symbol Size
nano XRP Coinbase Crypto XRP XRP 500 XRP
XRP Coinbase Crypto XRL XRL 10,000 XRPXRP
nano XRP Perp-Style Coinbase Crypto XPP XPP 500 XRP
nano Solana Coinbase Crypto SOL SOL 5 Solana
nano Solana Perp-Style Coinbase Crypto SLP SLP 5 Solana
Solana Coinbase Crypto SLC SLC 100 Solana
nano Ether Perp-Style Coinbase Crypto ETP ETP 0.1 Ethereum
Ether Coinbase Crypto ETI ETI 10 Ethereum
nano Ether Coinbase Crypto ET NET 0.1 Ethereum
nano Bitcoin Coinbase Crypto BIT BIT 0.01 Bitcoin
nano Bitcoin Perp-Style Coinbase Crypto BIP BIP 0.01 Bitcoin

February Crude Oil

February crude oil stabilized its slide last month and now has activated upside PriceCounts on the correction higher. The first count projects a run to the 61.75 area.

FREE TRIAL AVAILABLE

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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.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

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Daily Levels for January 14th, 2026

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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CPI Tomorrow, Trade The News, NEW Coinbase Crypto Products, Levels, Reports; Your 5 Important Cna’t Miss Need-To-Knows for Trading Futures on January 13th, 2026

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CPI Tomorrow – Consumer Price index

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4468.43 4535.77 4588.13 4655.47 4707.83

Silver (SI)

— Mar. (#SI)

77.30 81.14 83.74 87.58 90.18

Crude Oil (CL)

— Feb (#CL)

57.88 58.67 59.24 60.03 60.60

 Mar. Bonds (ZB)

— Mar (#ZB)

114 25/32 115 6/32 115 19/32 116 116 13/32

CPI Tomorrow

cpi

This is a market moving report and the moves during the release can be quite VIOLENT!!

Be aware and ready for the large moves.

Plan your trade and trade your plan.

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Coinbase Products available for trading on the StoneX (CannonX) Futures Platform! See details below:

Name Exchange Class Exchange Symbol CQG Symbol Size
nano XRP Coinbase Crypto XRP XRP 500 XRP
XRP Coinbase Crypto XRL XRL 10,000 XRPXRP
nano XRP Perp-Style Coinbase Crypto XPP XPP 500 XRP
nano Solana Coinbase Crypto SOL SOL 5 Solana
nano Solana Perp-Style Coinbase Crypto SLP SLP 5 Solana
Solana Coinbase Crypto SLC SLC 100 Solana
nano Ether Perp-Style Coinbase Crypto ETP ETP 0.1 Ethereum
Ether Coinbase Crypto ETI ETI 10 Ethereum
nano Ether Coinbase Crypto ET NET 0.1 Ethereum
nano Bitcoin Coinbase Crypto BIT BIT 0.01 Bitcoin
nano Bitcoin Perp-Style Coinbase Crypto BIP BIP 0.01 Bitcoin
eb3dec84 daeb 47a9 b3ed 42046d30336f

Daily Levels for January 13th, 2026

57c3baa2 739c 4769 b826 16648682103e

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! 

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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