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National Day of Mourning Adjustments: January 9, 2025 – Trading Schedules and Market Insights

Posted on by Ilan

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The President has declared January 9, 2025, as a National Day of Mourning in observance of the passing of former President James Earl Carter, Jr.

All banks will remain open, margin calls and money transfers will be processed as normal.

Please take note of the following adjusted trading schedules on January 9, 2025

(*all times are US Central Time):

CME Group:

Equity Index – Close at 8:30am, settle prices derived at 12:00pm. All Equity Index options expiring January 9th will be moved to expire on January 8th.

Interest Rates – Close at 12:15pm

Ags – Close at 12:15pm

Energy, FX, Metals, Crypto – Normal Trading Hours

MIAX Futures:

Hard Red Spring Wheat – 12:15pm

ICE US Commodities – Normal Trading Hours

Regular market opening times will be in place for the January 10, 2025 trade date.

Please let us know if you have any questions.
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March Cotton

March cotton is threatening to break down once again. At this point, new sustained lows would project a possible run to the third downside PriceCount objective to the 62.18 area.

 
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 9th, 2024

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Economic Reports

provided by: ForexFactory.com
All times are Eastern Time ( New York)
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Good Trading!
About: Cannon Trading is an independent futures brokerage firm established in 1988 in Los Angeles. Our mission is to provide reliable service along with the latest technological advances and choices while keeping our clients informed and educated in the field of futures and commodities trading.
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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RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.