Daily Support & Resistance Levels

This blog provides daily support and resistance levels for major commodities, indices, and financial futures contracts, along with market outlooks and insights.

November 11, 2026
Crude Oil

Your Important Crude Oil and Dollar Index Futures Trading Outlook | November 12th, 2026

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At A Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Dec. (#GC)

3933.30 3962.10 4018.40 4047.20 4103.50

Silver (SI)

— Dec. (#SI)58.79

50.34 51.02 52.10 52.78 53.86

Crude Oil (CL)

— Dec. (#CL)

84.04 85.19 86.97 88.12 89.90

 Dec. Bonds (ZB)

— Dec. (#ZB)

106 13/32 106 24/32 106 31/32 107 10/32 107 17/32

Natural Gas, Crude Oil

crude oil

Tomorrow we will have both natural gas numbers (which usually come on Thursdays) but also Crude oil numbers which usually come out on Wednesdays but due to Veteran’s Day will be out tomorrow.

Thursday

Markets head into Thursday with a busy economic calendar and several potential catalysts for volatility. Traders will be watching U.S. Unemployment Claims, Existing Home Sales, Crude Oil Inventories, the Federal Budget Balance, and a series of speeches from Federal Reserve officials throughout the day. Overseas, attention will also be focused on commentary from ECB President Christine Lagarde and other European Central Bank officials.

Strengths & Weaknesses

In the futures markets, strength was seen in the E-mini Nasdaq, Bitcoin, cocoa, and soybeans, while gold, crude oil, natural gas, and coffee showed weakness. With multiple Fed speakers and key economic releases on tap, traders should be prepared for increased intraday movement across equities, fixed income, energy, and currency markets.

Trade Smart. Trade Confidently. Trade Cannon.

December Dollar Index

The December dollar index completed the third upside PriceCount objective last month and corrected. Now, the chart is breaking out where new sustained highs would project a possible move to the low percentage fourth count to the 107.44 area, another 4.5% higher.

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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 https://www.qtinfo.com/analysis/qt-chart-of-the-day/

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 Nov. 11th

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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 CQG.

Daily Levels for Nov. 11th, 2026

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Economic Reports

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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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