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.

Here’s to a Happy 2026! Precious Metals – Silver Gold Palladium, Trading Hours for the rest of the Week, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on January 2nd, 2025

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The First Trading Day of 2026!

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4231.37 4279.03 4331.97 4379.63 4432.57

Silver (SI)

— Mar. (#SI)

64.96 67.68 71.98 74.70 79.00

Crude Oil (CL)

— Jan (#CL)

56.38 56.92 57.73 58.27 59.08

 Mar. Bonds (ZB)

— Mar (#ZB)

114 13/32 114 25/32 115 17/32 115 29/32 116 21/32

We at Cannon Trading Co., wish you all a healthy, safe and prosperous new year.

metal

Wishing you clear trends, tight spreads, and the kind of volatility that works for you in 2026. May your stops be respected, your fills be friendly, and your P&L lean in the right direction all year long.

Precious Metals Margin Update:

The exchange has increased overnight margins for all precious metals.

5k OZ Silver (SI) increased from 27,500 to 35,750 per contract, mini is x.50 of full, Micro is x.50 of full (mini and micro are the same)

100 OZ Gold (GC) from 24,200 to 26,400 per contract, Mini is x.50 of full; Micro is x.10 of full

Palladium from 19,800 to 24,200

Platinum from 8,800 to 11,000

This is the second increase since last Friday, Dec. 26.

Modified Trading Hours for New Years below.

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Daily Levels for January 2nd, 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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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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New Year = New Trading, Japanese Yen, RIP Jerry Lee Toepke, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows before Trading Futures on December 31st, 2025

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The Last Trading Day of 2025 before the New Year!

By Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4291.50 4325.90 4373.20 4407.60 4454.90

Silver (SI)

— Mar. (#SI)

67.53 71.78 74.92 79.17 82.32

Crude Oil (CL)

— Jan (#CL)

57.14 57.54 58.01 58.41 58.88

 Mar. Bonds (ZB)

— Mar (#ZB)

115 8/32 115 18/32 115 27/32 116 5/32 116 14/32

Bullet Points, Highlights, Announcements

new year

General:

We at Cannon Trading Co., wish you all a healthy, safe and prosperous new year.

Important:

For tomorrow, New Year’s Eve, all markets will be observing regular trading hours. There will be no early closing times.

For New Year’s day, all markets will open at their regular times and close at their regular times.

More general:

If the coming year looks anything like the last – or the year before it – volatility in the futures markets will remain ingrained and often extreme. Some markets set all-time highs for their trade price this year or in late 2024:

·      Orange juice (Sept. 2024)

·      Cattle (Aug. 2025)

·      Cocoa (Dec. 2024)

·      Coffee (Feb. 2025)

·      Copper (July 2025)

·      Bitcoin (Oct. 2025)

·      Stock indexes: S&P 500, Nasdaq, Dow Jones, Russell 2000 (variably in Q-4 2025)

·      Gold, silver and platinum: this week!

Others are near historic, seasonal or long-term lows:

·      Natural gas

·      Soybeans, corn and wheat

·      Sugar

Japanese yen

On the last trading day of the year, futures markets often see a unique mix of light liquidity and sharp, order‑driven moves as traders square positions, roll contracts, or manage exposure ahead of expiration cycles. With many contracts approaching settlement windows and delivery considerations still in play, price action can become more technical and less fundamentally driven. It’s a day where disciplined risk management matters: thinner books can exaggerate moves, spreads may widen, and even routine hedging flows can create outsized volatility. For many traders, the focus shifts from seeking new opportunities to tightening risk, cleaning up books, and positioning smartly for the fresh trading year ahead.

Remembrance:

Back in May the trading community lost a gent with one of the most distinguished careers in commodities. Jerry Lee Toepke (tep-key) passed away on May 20, 2025, in Cottage Grove, Oregon. He was 75.

For over 40 years, Jerry’s expertise was widely recognized, leading him to speak at numerous conferences, seminars, and futures exchange functions. In recent years, he co-authored a book providing guidance on profitable spreads in the futures market and served as an editor for Moore Research Center‘s monthly report and various special publications. Jerry was a proud member of the Chicago Board of Trade and the National Futures Association.

Jerry graduated from Pekin High School, about an hour from Bloomington, Illinois, where he was born. He attended Northwestern University in the Chicago area, where he laid the groundwork for his remarkable career. Jerry’s kindness, warmth, wisdom, and unwavering dedication to his family and career will be deeply missed by all who knew him.

Modified Trading Hours for New Years below.

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Daily Levels for Dec. 31st, 2025

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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

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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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FOMC Minutes, Gold and Silver Highs, Top Assets by Market Cap, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on December 30th, 2025

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FOMC Minutes Tomorrow on a Short Trading Week

By Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4151.67 4252.63 4416.97 4517.93 4682.27

Silver (SI)

— Mar. (#SI)

62.59 67.41 75.04 79.87 87.50

Crude Oil (CL)

— Jan (#CL)

56.29 57.07 57.68 58.46 59.07

 Mar. Bonds (ZB)

— Mar (#ZB)

115 5/32 115 17/32 115 27/32 116 7/32 116 17/32

Last FOMC of the Year

fomc

General:

Keep an eye out for tomorrow’s release of the Minutes of the Federal Reserve’s December FOMC meeting (1:00 P.M., Central Time).

Metals:

Gold and silver futures markets tumbled after touching record highs, bringing a parabolic move in the precious metals space to a screeching halt.

Gold

After touching Friday’s all-time intraday high of $4,584 per ounce, Feb gold futures tumbled more than $200 per ounce today – a $20,000 per contract move – to hover near $4,340 per ounce.

Gold All-Time Intraday High

As well, after trading up more than $5.00 per ounce from Friday’s close to its own intraday all-time high of $82.67 per ounce, March silver futures dropped more than $12.00 per ounce to near $70.00 per ounce – a whopping ~15% intraday decline and a $60,000 per contract move – and is currently trading slightly above $71.00 per ounce.

Silver

Traders were on edge going into Monday’s session after the Chicago Mercantile Exchange raised the initial margin requirement on the March 5,000-oz. silver futures contract to $22,000, forcing higher leveraged traders to either add cash to their accounts or reduce their positions.

Despite today’s sell-off, silver’s whopping +174% rise this year has turned the metal into the third most valuable asset in the world, trailing only gold and Nvidia and outstripping tech titans such as Apple, Alphabet (Google) and Microsoft.

Silver Market Cap

According to CompaniesMarketCap, silver’s market cap stands at $4.485 trillion dollars. Gold tops the list with a market cap of $31.719 trillion, followed by Nvidia at $4.638 trillion.

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Daily Levels for Dec. 30th, 2025

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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

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

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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New Years Trading, FOMC Minutes, Levels, Reports; Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures the Week of December 29th, 2025

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Happy Holidays and Trading on the last week of 2025!

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4488.83 4525.67 4554.83 4591.67 4620.83

Silver (SI)

— Mar. (#SI)

70.58 74.69 76.84 80.95 83.10

Crude Oil (CL)

— Jan (#CL)

55.25 56.08 57.48 58.31 59.71

 Mar. Bonds (ZB)

— Mar (#ZB)

115 1/32 115 10/32 115 22/32 115 31/32 116 11/32

 New Years Holiday Schedule, FOMC Minutes and no stocks report earnings.

new year

·        3 full trading days left in 2025 to capitalize on!

·        4 trading days in the week (all markets are closed Thursday, New Years Day)

·        Tuesday FOMC Minutes released from the December meeting. 1 PM CST

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

Earnings Next Week:

·        Mon. Quiet

·        Tue. Quiet

·        Wed. Quiet

·        Thu.  Happy New Year!

·        Fri.   Quiet

FED SPEECHES: (all times CST)

·        Mon.  None

·        Tues.   None

·        Wed. None

·        Thu.  None

·        Fri.   None

Econ Data: (all times CST)

·        Mon. Retail and Housing Data with Dallas fed sprinkled in

·        Tue. Redbook, More housing data and FOMC Minutes

·        Wed. Jobless numbers, Chitown PMI and EIA Crude numbers

·        Thu. Happy New Year!

·        Fri. PMI Final, Fed Balance sheet, All Markets open regular hours.

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Daily Levels for Dec. 29th, 2025

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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

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

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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New Years 2026 Trading Schedule! Important Times for Trading Futures Next Week!

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New Years Trading Schedule 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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

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Christmas S&P 500 Trends, Santa Claus Rally Basics, July – Nov Bean Spread, Christmas Trading Schedule, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on December 24th, 2025

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The Metals are on fire! Are the equities as we close out 2025??

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4429.60 4474.60 4502.70 4547.70 4575.80

Silver (SI)

— Mar. (#SI)

67.64 69.63 70.71 72.70 73.78

Crude Oil (CL)

— Jan (#CL)

57.47 57.98 58.24 58.75 59.01

 Mar. Bonds (ZB)

— Mar (#ZB)

114 12/32 114 27/32 115 8/32 115 23/32 116 4/32

 Historically the S&P 500 tends to drift higher between Christmas and New Year’s, but the edge is modest and far from guaranteed in any single year.​

christmas

Santa Claus rally basics

  • The classic “Santa Claus rally” window is the last five trading days of December and the first two trading days of January.​
  • Since 1950, the S&P 500 has averaged about a 1.3% gain over these seven sessions and has been positive roughly 75–80% of the time, meaning up years are more common than down years.​

Behavior in the Christmas–New Year gap

  • Within that seven‑day window, returns are often front‑loaded: strength tends to cluster from just before Christmas through the first couple of days of January, with lower volume and smaller ranges in the very last week of the year.​
  • The week after Christmas typically shows lighter institutional participation and more sideways or gently rising trade, so the “edge” is there but not dramatically stronger than the full seven‑day average.​

How reliable is it?

  • Across decades, the pattern is statistically positive on average, but variability is high and individual years can diverge sharply; for example, 2024–25 saw a “reverse” Santa Claus period where the S&P 500 sold off every business day between Christmas and New Year’s, an historical first.​
  • Studies of daily returns around New Year’s show abnormal strength from about five days before through two days after New Year’s Day, followed by a fade, suggesting any edge is short term and easily overwhelmed by macro or event risk.​

Possible drivers

  • Common explanations include holiday optimism, year‑end fund inflows, tax‑loss harvesting and repositioning, and fewer large institutional orders which can reduce selling pressure.​
  • Because these are behavioral and flows‑driven effects rather than structural rules, they should be treated as a weak tendency rather than a tradable guarantee.​
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Christmas (Dec 25) Holiday Trading Schedule:

Grains

Wednesday – 12:05 PM CT Close

Thursday – Closed

Friday – 8:30 AM CT Open

Livestock

Wednesday – 12:15 PM CT Close

Thursday – Closed

Friday – 8:30 AM CT Open

Interest Rates

Wednesday – 12:15 PM CT Close

Thursday – Closed

5:00 PM CT Open

Friday – Regular Hours

Equities

Wednesday – 12:15 PM CT Close

Thursday – Closed

5:00 PM CT Open

Friday – Regular Hours

Energy

Wednesday – 12:45 PM CT Close

Thursday – Closed

5:00 PM CT Open

Friday – Regular Hours

FX

Wednesday – 12:45 PM CT Close

Thursday – Closed

5:00 PM CT Open

Friday – Regular Hours

Metals

Wednesday – 12:45 PM CT Close

Thursday – Closed

5:00 PM CT Open

Friday – Regular Hours

Cryptocurrencies

Wednesday – 12:45 PM CT Close

Thursday – Closed

5:00 PM CT Open

Friday – Regular Hours

Cocoa, Coffee, Cotton, FCOJ, Sugar

Thursday – Closed

Canola

Thursday – Closed

U.S. Dollar Index

Thursday – Closed

July – Nov Bean Spread

Sometimes referred to as “the widow maker”, the July – Nov soybean spread completed the second downside PriceCount objective to 13.5 and has consolidated with a sideways trade. At this point, IF the chart can resume its break with new sustained lows it first has to contend with the contract lows near 5.0, while the third count would project a potential break to the -5.25 area.

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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 Dec. 24th, 2025

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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

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

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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Happy Holidays from us to you! Weekly Chinese Renminbi, Levels, Reports; Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures on December 23rd, 2025

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At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4329.73 4401.37 4439.53 4511.17 4549.33

Silver (SI)

— Mar. (#SI)

66.57 67.73 68.63 69.78 70.68

Crude Oil (CL)

— Jan (#CL)

56.04 57.01 57.57 58.54 59.10

 Mar. Bonds (ZB)

— Mar (#ZB)

114 25/32 115 115 5/32 115 12/32 115 17/32

Holiday Wishes for Our Futures Community – Our Valued Clients and Prospects

holiday

Happy Holidays!

As we wrap up another eventful year in the markets, we want to take a moment to thank you—our readers, traders, and fellow market explorers—for being part of this journey. The futures markets have taught us all valuable lessons in patience, resilience, and forward thinking, and it’s those same traits that shine brightest during the holiday season.

Just as every trade begins with a vision for the future, may this season bring you time to reflect, recharge, and set your sights on new opportunities ahead. Whether your charts are full of long-term trends or quick moves, we hope your days are filled with balance, warmth, and a touch of prosperity.

From all of us here, we wish you peace, joy, and strong signals in the year to come. Here’s to trading smart, staying curious, and keeping your outlook bright—today and always.

Happy Holidays and a successful New Year!

View Holiday Hours HERE

✅ Schedule a one on one No Obligation Broker Consultation

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Weekly Chinese Renminbi

The weekly Chinese Renminbi activated upside PriceCount objectives this summer and now, the chart is approaching the second count to the .14299 area. Strength in the renminbi futures represents a weakening currency. A weaker currency makes a country’s exports cheaper for foreigners, boosting sales, but makes imports more expensive for domestic consumers.

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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 Dec. 23rd, 2025

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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

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

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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Christmas 2025 Trading Schedule, PPE, Edvardus – Breakout Gold Trading System, Coffee, Levels, Reports; Your 5 Important Need to Knows for Trading Futures the Week of December 22nd, 2025

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Cannon Futures Weekly Letter

In Today’s Issue #1271

  • The Week Ahead – Short Trading Week, PCE, Small Cap Earnings

  • Futures 101 – Christmas Modified Trading Schedule

  • Hot Market of the Week – March Coffee

  • Broker’s Trading System of the Week – Gold 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)

4312.53 4341.47 4365.23 4394.17 4417.93

Silver (SI)

— Mar. (#SI)

63.31 65.37 66.52 68.58 69.74

Crude Oil (CL)

— Jan (#CL)

55.18 55.87 56.29 56.98 57.20

 Mar. Bonds (ZB)

— Mar (#ZB)

114 27/32 115 3/32 115 12/32 115 20/32 115 29/32

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

 Christmas Holiday Schedule, Core PCE and 7 small cap stocks report earnings.

christmas

Economic Data reporting nearly caught up.

Perhaps the monthly numbers should come out every two months? The delayed CPI and NFP numbers for two months sure seem like they were smoothed out with less volatility than we expected as a result.

As for earnings reports? Next week we will see the numbers for 7 stocks as Q3 earnings reports are winding down.. all less than 280M in market cap as we close out 2025.

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

 Earnings Next Week:

·        Mon. Quiet

·        Tue. Quiet

·        Wed. Quiet

·        Thu. Mkts closed

·        Fri.  Quiet

FED SPEECHES: (all times CDT)

·        Mon.  None

·        Tues.  None

·        Wed. None

·        Thu. None

·        Fri.  None

Major Economic US Reports: (all times CDT)

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To our valued clients and fellow futures traders,

As we wrap up another year of charts, candles, and occasionally “interesting” market moves, all of us at Cannon Trading want to wish you a peaceful holiday season and a prosperous New Year.

Thank you for trusting us to be by your side through trend days, range days, and everything in between. Whether your year felt like a smooth uptrend or a choppy sideways market, we appreciate the opportunity to help you navigate it.

Our holiday wish for you: tighter spreads, smoother fills, and more trades that hit their targets than their stops. And on the days the markets don’t cooperate, we hope you still find time to step away from the screens, recharge, and enjoy what matters most.

Here’s to a new year filled with discipline, good risk management, and opportunities worth trading.

Happy Holidays and best wishes for a successful year ahead,

The Cannon Trading Team

Please visit the modified trading Schedule Blog and let us know any questions!

Christmas

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 Coffee

The summer rally in March coffee lost its momentum and turned sideways into the fall. Now, the chart has activated downside PriceCounts as the formation has shifted lower. The first count projects a possible slide to the 317.50 area.

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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

Edvardus – Breakout Gold Trading System

Market Sector: Metals

Markets Traded:   GC -Gold

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Edvardus Breakout GOLD is a breakout swing trading strategy. It has passed robustness testing such as walk-forward analysis.

Broker’s Suggested Capital: $21,000

Developer Fee per contract: $250.00 Monthly Subscription

 

Get Started

Learn More & Detailed Results

Last few trades from December 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. W

hile 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 Dec. 22nd 2025

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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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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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Christmas 2025 Trading Hours

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Christmas 2025 Trading HoursChristmas

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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 Witching Friday, Automated Gold Algo Trading, Levels, Reports; Your 4 Important Need-To-Knows for Trading Futures on December 19th, 2025

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Markets Post December FOMC

By Ilan Levy-Mayer, VP

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4299.00 4331.50 4370.50 4403.00 4442.00

Silver (SI)

— Mar. (#SI)

63.46 64.40 65.61 66.55 67.76

Crude Oil (CL)

— Jan (#CL)

55.04 55.47 56.16 56.59 57.28

 Mar. Bonds (ZB)

— Mar (#ZB)

114 29/32 115 11/32 115 20/32 116 2/32 116 11/32

Triple Witching

What Futures Traders Need to Know for Tomorrow

Triple Witching

What Is Triple Witching?

Triple witching is a key event in the futures and options markets that occurs four times a year—on the third Friday of March, June, September, and December.

During this time, stock index futures, stock index options, and stock options all expire simultaneously, creating a unique trading environment that every futures trader should understand.

Why Does Triple Witching Matter?

This convergence of expirations can lead to significant market activity, impacting liquidity, volatility, and execution quality. Understanding these dynamics is crucial for traders who want to navigate this period effectively.

What Happens During Triple Witching?

  • Volume Surge: Trading activity often spikes as institutions roll over or close positions.
  • Increased Volatility: Expect sharp and unpredictable price swings, especially near the open and close.
  • Institutional Flows Dominate: Market behavior may deviate from typical technical patterns due to large institutional moves.

Implications for Futures Traders

  • High Liquidity—but High Risk: While there’s plenty of activity, slippage and wider spreads are common.
  • Execution Challenges: Rapid price changes can make order fills tricky.
  • Short-Term Noise: Unusual moves may not align with your usual indicators.
  • Important Note: The December contracts (e.g., ESZ25, MNQZ25) will stop trading at 8:30 AM Central Time and will cash settle based on a special settlement price that typically comes out closer to 9 AM Central.
  • Learn more here: CME Settlement Information.

Trading Recommendations for Triple Witching

  • Stay Disciplined: Avoid chasing moves; stick to your trading plan.
  • Use Limit Orders: Helps control slippage in fast-moving markets.
  • Reduce Position Size: Manage risk during volatile periods.

 

  • Consider Scalping or Staying Flat: Experienced traders may use short-term strategies; others may prefer sitting out.
  • Risk Warning: The last traded price or final traded price will rarely match the final settlement price. We do not recommend waiting for the final settlement. Exit any December positions prior to 8:30 AM Central tomorrow morning.

Bottom Line

Triple witching can present unique opportunities—but also significant risks. Preparation, discipline, and risk management are essential for success during this high-volatility period.

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Disclaimer for Image above More Information About the System

Daily Levels for Dec. 19th, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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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