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NFP Tomorrow PLUS: Pre-Market Briefing TEXT & PODCAST, July Bean Meal, CannonEdge Snapshot, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on June 5th, 2026

Posted on June 4, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	4406.70	4456.40	4499.80	4549.50	4592.90
Silver (SI) — July. (#SI)	71.28	72.76	74.05	75.52	76.81
Crude Oil (CL) — July. (#CL)	89.63	91.35	93.63	95.35	97.63
Sept. Bonds (ZB) — Sept. (#ZB)	111 20/32	111 31/32	112 9/32	112 20/32	112 30/32

NFP Tomorrow

nfp

Ahead of tomorrow’s Non-Farm Payrolls (NFP) release, futures day traders should be prepared for elevated volatility, fast tape conditions, and potential whipsaws across index, rates, and currency-linked contracts.

NFP remains one of the most market-moving economic reports, often driving sharp repricing of Fed expectations, which in turn impacts equity index futures (ES/NQ), Treasury futures, and the US dollar.

Traders should closely watch not only the headline payroll number, but also revisions, average hourly earnings, and the unemployment rate, as surprises in any of these components can quickly shift sentiment.

Expect liquidity to thin out just before the release, followed by rapid expansion in volume and spreads—making discipline, pre-defined risk, and clear trade plans essential.

July Bean Meal

The rally in July Meal stalled out after satisfying the second upside PriceCount objective last month, consistent with a challenge of the November high. Now, the chart is rolling over, violating the uptrend and completing the first downside count to the $314 area. If the chart can sustain further weakness, the second count would project a deeper break to the $304.5 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.

Cannon Edge — Your Daily Futures Snapshot for June 5th

Daily Levels for June 5th, 2026

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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.