Author: Cannon Operations

Futures 102: The Daily Briefing by Cannon

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Every morning, the world’s biggest banks and macro strategists publish where markets are headed. The rest of the world waits for the headline.

That intelligence stays locked inside trading desks, institutional terminals, and private client portals — accessible only to the few who pay for the privilege, and even they only get what they pay for.

This briefing changes that (100% FREE on Cannon’s website!!). Every morning we scour the open web and aggregate everything that matters — pulling from publicly available sources so you never have to — and distill it into one clear, readable edition you can get through before your first coffee is finished.

No terminals. No subscriptions. No private portals. Just everything the market is saying, gathered in one place, every morning before the bell.

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August Class III Milk

August Milk gapped higher yesterday and will activate upside PriceCount objectives pending a second close above 17.30 today. The first count projects a possible rally to the 18.22 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.

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Cannon Edge — Your Daily Futures Insight for the Next Trading Day! Cannon Edge for July 20th, 2026

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.

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Daily Levels for July 20th, 2026

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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NEW VIDEO: Using Trade Signals with Price Confirmation PLUS: December Meal, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows before Trading Futures on July 17th, 2026

Posted on July 16, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3910.43	3945.97	4008.93	4044.47	4107.43
Silver (SI) — Sept. (#SI)	53.95	54.94	56.58	57.57	59.22
Crude Oil (CL) — Aug (#CL)	76.61	77.51	78.90	79.80	81.19
Sept. Bonds (ZB) — Sept. (#ZB)	110 4/32	110 19/32	110 31/32	111 14/32	111 26/32

Price Confirmation? Check the video below

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December Meal

December Meal is attempting to break out above the extended downtrend. In the process, the chart has activated upside PriceCount objectives and negated the remaining unmet fourth downside count.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 17th

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 July 17th, 2026

Economic Reports

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Futures: How to Better Manage Losing Days PLUS: September E-Mini S&P, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on July 16th, 2026

Posted on July 15, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3993.83	4030.17	4059.63	4095.97	4125.43
Silver (SI) — Sept. (#SI)	55.66	56.88	58.14	59.36	60.63
Crude Oil (CL) — Aug (#CL)	77.08	78.70	79.82	81.44	82.56
Sept. Bonds (ZB) — Sept. (#ZB)	110 2/32	110 18/32	110 31/32	111 15/32	111 28/32

How to Better Manage Losing Days Futures Trading

futures

Managing losing days is one of the most important skills a trader can develop. The goal is not to eliminate losses—it’s to keep them controlled, predictable, and emotionally manageable.

Here are some practical guidelines:

1. Define Your Maximum Daily Loss

Before the trading session begins, decide how much you’re willing to lose for the day.

For example:

Account size: $10,000
Maximum daily loss: $500-$700

When you reach that limit, stop trading. No exceptions.

Many professional traders are successful largely because they know when to stop.

2. Focus on Process, Not P&L

A losing day doesn’t necessarily mean you traded poorly.

Ask yourself:

Did I follow my trading plan?
Did I manage risk correctly?
Did I enter and exit according to my rules?

If the answer is yes, then it may simply be a normal cost of doing business.

3. Avoid “Getting Even” Trades

The desire to make back losses quickly is one of the biggest account killers.

Watch for:

Oversizing positions
Taking low-quality setups
Revenge trading
Moving stops further away
Adding to losing positions without a plan

The market doesn’t know or care where your P&L stands.

4. Reduce Size After a Drawdown

When you’re having a rough day or week, trade smaller.

Many successful traders follow a rule such as:

Down 2 days in a row → cut size by 25%
Down 3-4 days in a row → cut size by 50%
Regain consistency before increasing size again

Smaller size helps restore confidence while protecting capital.

5. Keep a Trading Journal

Record:

Entry and exit reasons
Market conditions
Emotional state
Mistakes made
Lessons learned

Over time, patterns emerge. You’ll often find that your biggest losing days come from a small number of recurring mistakes.

6. Grade Yourself on Discipline

Instead of asking:

“Did I make money today?”

Ask:

“How well did I execute my plan today?”

A trader who follows the plan and loses may actually have had a better day than a trader who broke all the rules and got lucky.

7. Understand Your Statistics

Know:

Average winning day
Average losing day
Win rate
Risk/reward ratio
Largest historical drawdown

When losses fall within your historical expectations, they’re easier to accept and less likely to trigger emotional decision-making.

8. Remember That Capital Is Your Inventory

A retailer protects inventory. A trader protects capital.

You can always find another opportunity tomorrow. Protecting your trading capital allows you to stay in the game long enough for your edge to play out.

A Simple Mindset Shift

Instead of saying:

“I lost money today.”

Try saying:

“I paid the market’s operating expense today.”

The traders who survive and thrive aren’t the ones who never lose. They’re the ones who never let a normal losing day become a catastrophic one.

thumbnail?url=https%3A%2F%2Fi.ytimg.com%2Fvi%2F1HQ6Z7bZwQM%2Fhqdefault

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September E-Mini S&P

The September E-Mini S&P completed the second upside PriceCount objective off the ‘Liberation Day’ low and has been consolidating with a sideways trade. If the chart can resume its rally with new sustained highs, the third count would project a possible run to the 8824 area.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 16th

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 July 16th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Futures: Some Days Are Simply Losing Days PLUS: September Wheat, Pre-Market Briefing, CannonEdge Snapshot, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on July 15th, 2026

Posted on July 14, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3932.63	3996.97	4054.73	4119.07	4176.83
Silver (SI) — Sept. (#SI)	55.91	57.53	58.79	60.41	61.66
Crude Oil (CL) — Aug (#CL)	76.21	78.01	79.64	81.44	83.07
Sept. Bonds (ZB) — Sept. (#ZB)	109 22/32	110 9/32	110 30/32	111 17/32	112 6/32

Some Days Are Simply Losing Days

futures

Don’t fight it.

If you’re going to trade, you will have losing days. I’ve been in the futures industry for over 15 years, and in that time, I’ve never met a trader who hasn’t had a losing day—and I never will. It’s impossible.

The key is to understand this reality and accept it.

One of the most important responsibilities of a day trader is making sure that a losing day does not turn into a disaster. Human nature works against us here. Our emotions and instincts are not naturally wired to handle losses well. We want to be right. We want to win back what we’ve lost.

However, one of the defining differences between successful traders and those who struggle to become traders is that successful traders learn how to lose. They understand that losses are part of the business. Traders who refuse to accept a losing day often make a series of costly mistakes in an attempt to avoid taking that loss.

They may hold positions overnight when they normally wouldn’t. They may reverse positions impulsively, add to losing trades, pyramid at the wrong time, or abandon their trading plan altogether. These are decisions they typically wouldn’t make on a normal day.

As a result, what should have been a manageable losing day—perhaps a $700 loss in a $10,000 account—can quickly spiral into a devastating drawdown, wiping out a large portion of the account, if not more.

That’s why it’s critical to maintain realistic expectations and understand the statistics of your own trading. Keep detailed records. Track your performance. Know your average winning days, losing days, drawdowns, and risk parameters.

Sometimes the most valuable lesson in trading is learning how to lose properly.

Because before you can truly excel at trading, you must first master the ability to accept and manage losses.

Tomorrow we will discuss on How to Better Manage Losing Days

September Wheat

September Wheat activated fresh upside PriceCount objectives off the recent low. The first count projects a possible run to the 6.65 area. A trade above the May reactionary high would formally negate the remaining unmet downside counts.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 15th

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 July 15th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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US/Iran Conflict: Crude Oil, S&P 500 and more PLUS: August Hogs, CannonEdge Snapshot, Pre-Market Briefing, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on July 14th, 2026

Posted on July 13, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3919.97	3965.73	4038.67	4084.43	4157.37
Silver (SI) — Sept. (#SI)	56.29	57.19	58.49	59.39	60.69
Crude Oil (CL) — Aug (#CL)	70.44	74.10	76.28	79.94	82.12
Sept. Bonds (ZB) — Sept. (#ZB)	110 8/32	110 14/32	110 26/32	111	111 12/32

Crude Oil: The Tape Isn’t Buying the Headlines

By Eli Levy, Senior Analyst & Series 3 Broker

oil

Bottom Line

Top of Book

Markets hit midweek turbulence after another round of attacks in the Strait of Hormuz and word that the U.S./Iran ceasefire is off. Oil and Treasury yields rose, and the VIX nearly touched 19 on Wednesday before drifting back to 15.25 today. But crude never confirmed the panic — August WTI was last seen down $0.49 at $71.59/barrel, and Brent’s brief run above $80 didn’t stick. The distance between the headlines and the price is the week in a sentence.

The Argument

Both Sides of the Tape

The Bull Case

If oil stays contained, the geopolitics stay background noise and the market gets to focus on what actually moves multiples: the economy and Q2 earnings, which start next week. The Street is looking for 23.3% year-over-year growth for the S&P 500 — though it’s worth noting the median company only needs to clear roughly 9%, a far more forgiving bar than the headline number implies.

The tape is behaving like it expects to be rewarded: the S&P 500 is on track for a three-week closing high, and the Equal Weight index bounced firmly off its 20-day SMA, which says the strength isn’t just a handful of megacaps. Financials, healthcare, and industrials are printing new weekly highs. July seasonality has historically been supportive, and a good earnings season would give the fundamental story something to stand on.

Notably, the most constructive argument this week wasn’t about AI at all — it was that the second half offers catch-up trades and overlooked areas precisely because so many expect returns to moderate.

The Bear Case

The longer the conflict runs, the higher the odds oil eventually grinds higher — and higher oil complicates inflation at the exact moment the market wants the Fed sidelined. Both sides say indirect talks continue, but after this week’s exchange, the odds of near-term normalization in the Strait look poor.

Then there’s positioning. Hedge fund gross and net exposure sits near the 97th percentile, retail margin debt, fund leverage, and leveraged ETF assets are all building at once, and quarter-end pension rebalancing points to mechanical selling. None of that is a sell signal on its own, but it’s the kind of structure that turns ordinary pullbacks into sharp ones. And semis still have to prove themselves.

The SOX bounced off its 50-day SMA, but it was choppy, not a clean “V” off support. Notably, funds sold tech at a record pace this week while parts of the Street were buying chips into the reset — a real disagreement, not a technicality.

The Two Arguments Worth Watching…..

READ THE REST and SEE CHARTS

August Hogs

August Hogs have resumed their rally into a new high. If sustained, the second upside PriceCount objective projects a possible run to the 101.19 area.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 14th

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 July 14th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

· Tues. 9:00 am Fed Chair Warsh House Testimony for the Monetary Policy Report, 11:40 am Barr, Noon, Goolsbee, 12:30 pm Cook, 1:55 pm Bowman

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The Week Ahead: CPI, PPI, Iran PLUS: Trading Signals, Futures 102, Options 303, Corn Spread Chart, CannonEdge Snapshot, Levels, Reports; Your 10 Important Can’t-Miss Need-To-Knows for Trading Futures the Week of July 13th, 2026

Posted on July 10, 2026 by Cannon Operations

Cannon Futures Weekly Letter

In Today’s Issue #1298

The Week Ahead – Humphrey Hawkins Testimony, CPI, PPI, Iran
Trading Signals!
Futures 102 – The Daily Briefing – What the Pros Know Before Trading
Options 303: Selling Options premium & More!
September Wheat Corn Spread Chart & Outlook
Cannon Edge – Your Futures trading Map for the week ahead!
Trading Levels for Next Week
Trading Reports for Next Week

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	4052.50	4086.20	4115.40	4149.10	4178.30
Silver (SI) — Sept. (#SI)	58.25	59.12	60.20	61.16	62.15
Crude Oil (CL) — Aug (#CL)	69.44	70.50	71.83	72.89	74.22
Sept. Bonds (ZB) — Sept. (#ZB)	110 23/32	111	111 10/32	111 19/32	111 29/32

What Futures Traders Should Watch This Week

By John Thorpe, Senior Broker

cpi

The Week Ahead

We have everything needed to move the market next week as we do expect increased volatility daily from earnings reports to Fed Speakers and Government data releases. This, in addition to the lasting uncertainty in the Middle East. The key futures market news for next week’s trading focuses on

1. Heavy economic Data points including measures of inflation, CPI, PPI, Michigan Consumer Sentiment.

2. Humphrey Hawkins testimony, 12 Fed speakers including Chair Warsh’s Congressional testimony.

3. The Q2 corporate earnings lift off with over 2 trillion dollars in banking market cap on Tuesday before the open featuring, JPMorgan, BofA, Goldman, Citi and Wells followed by Wednesday’s premarket menu of over 1 trillion dollars in banking market cap featuring Morgan Stanley, BlackRock, Bank of NY, PNC and M&T with consumer goods nameplate Johnson and Johnson mixed in.

Don’t sleep on the banks earnings, Netflix after the close on Thursday announces it’s Q2 results. Additionally, Alcoa also announces after the close. Of note: if I counted correctly, 29 banks report, I have only listed the largest of them below.

Big bi-annual Humphrey -Hawkins Testimony to both the U.S.House on Tuesday and the U.S. Senate on Wednesday. This is the second and final this year, required monetary policy testimony for the Fed Chair. Powell presided in February, while this will be the first of many for Chairman Kevin Warsh. Typically, the House testimony moves the markets more than the Senate testimony. When Does It Peak?

Volatility occurs in two main waves:

The Prepared Remarks (Instant Spike): The initial release of the written Monetary Policy Report causes immediate, sharp price swings as traders react to the hard data.
The Q&A (Extended Fluctuations): This is where investors expect the most volatility. If the Fed Chair makes an off-the-cuff, “hawkish” remark (hinting at interest rate hikes to fight inflation), stocks usually drop. If they make a “dovish” remark (hinting at rate cuts or stimulus), stocks typically rise. (Federal Reserve Bank of Cleveland)

Who can trust the fragile Islamabad Memorandum of Understanding? Is this now null and void? Will Peace talks resume after the paused week-long funeral for former Supreme Leader Ayatollah Ali Khamenei?

Is the smoke clearing in the Mid-East and the markets have a renewed sense of confidence?

Don’t let your guard down just yet, the fog continues, tune into the Sunday evening markets to witness reactions to the weekend news streams, manufactured or true.

Plan your trade and trade your plan!

Earnings Next Week:

· Mon. Fastenal, FB Financial, Greenbrier Companies

· Tue. JP Morgan, B of A, Goldman Sachs, CitiGroup, Wells Fargo,

· Wed. J & J, Morgan Stanley, BlackRock, Bank of NY, PNC Bank, Cintas, M&T Bank, Inited Airlines, Conagra Foods

· Thu. Netflix, Alcoa, United Healthcare, GE Aerospace, Abbott, Intuitive Surgical, ProLogis, US Bancorp, Truist, State Street

· Fri. Travelers Companies, Fifth Third Bancorp

Fed Speakers: (all times CDT)

· Mon. 11:30 am Waller,

· Wed. 7:45 am Williams, 9:00 am Fed Chair Warsh Senate Testimony, Noon Cook, 5:30 pm Musalem

· Thu. 11:30 am Logan, 6:00 pm Jefferson

· Fri. Quiet

Econ Data:

· Mon. S&P Services , ISM Services,

· Tue. CPI, Redbook, ADP Weekly, API Crude stock change

· Wed. PPI, , EIA Crude stock Change, Beige Book

· Thu. Retail Sales, Initial Jobless claims, Philly Fed, EIA Nat Gas Stocks, NAHB Housing market index,

· Fri. Building Permits, Housing Starts, Industrial Production, Michigan Consumer Sentiment, Baker Hughes Oil Rig Count

Get a daily market edge—support & resistance levels plus key market-moving insights.

Selling options premium or “options writing” is an advance, sometimes unlimited risk strategy and not suitable for everyone!! read more and download PDF “cheat Sheet” HERE.

Real Time Trading Signals

Sign up to receive a family of studies along with trading ALGORITHMS you can place on your own charts, your own time frame, and the markets you prefer.

What You’ll Receive

Real-time intraday signals delivered directly through Sierra Chart or TradingView
Clear entries, exits, and trend bias based on objective, rules-driven logic
Tools designed to help you structure your trading day with more discipline and consistency
23-page PDF eBook detailing the logic, concept and trading applications
The Diamond ALGO and indicators family – applicable to any market at any time frame
One-on-one remote session to get you started
Online meeting invitation if you need any help with installation

START NOW – NO CREDIT CARD REQUIREDSTART NOW – NO CREDIT CARD REQUIRED

Futures Options Writing

Have you ever wondered who sells the futures options that most people buy? These people are known as the option writers/sellers. Their sole objective is to collect the premium paid by the option buyer. Option writing can also be used for hedging purposes and reducing risk. An option writer has the exact opposite to gain as the option buyer.

The writer has unlimited risk and a limited profit potential, which is the premium of the option minus commissions. When writing naked futures options your risk is unlimited, without the use of stops. This is why we recommend exiting positions once a market trades through an area you perceived as strong support or resistance. So why would anyone want to write an option? Here are a few reasons:

Most futures options expire worthless and out of the money. Therefore, the option writer is collecting the premium the option buyer paid.
There are three ways to win as an option writer. A market can go in the direction you thought, it can trade sideways and in a channel, or it can even go slowly against you but not through your strike price. The advantage is time decay.
The writer believes the futures contract will not reach a certain strike price by the expiration date of the option. This is known as naked option selling.
To hedge against a futures position. For example: someone who goes long cocoa at 850 can write a 900 strike price call option with about one month of time until option expiration. This allows you to collect the premium of the call option if cocoa settles below 900, based on option expiration. It also allows you to make a profit on the actual futures contract between 851 and 900. This strategy also lowers your margin on the trade and should cocoa continue lower to 800, you at least collect some premium on the option you wrote. Risk lies if cocoa continues to decline because you only collect a certain amount of premium and the futures contract has unlimited risk the lower it goes.

Futures 102: The Daily Briefing by Cannon

Every morning, the world’s biggest banks and macro strategists publish where markets are headed. The rest of the world waits for the headline.

No terminals. No subscriptions. No private portals. Just everything the market is saying, gathered in one place, every morning before the bell.

Read the Latest Briefing HERE and make sure to Bookmark this page!

Wheat Corn Spread

Some professional futures traders prefer trading spreads—both intraday and swing—because spreads can reduce outright market risk while still offering opportunities for consistent returns. By trading the price relationship between two related contracts rather than a single direction, traders can benefit from relative value inefficiencies, seasonal patterns, and supply-demand imbalances. Intraday spread trading often provides smoother price action and tighter risk control, while swing trading spreads can capitalize on longer-term structural trends with lower volatility compared to outright positions. Additionally, spreads typically require lower margin and can be less sensitive to macro shocks, making them an appealing strategy for disciplined risk management and more stable performance.

That being said – spread trading is risky just like futures trading and past performance is not indicative of future results.

In today’s chart review, you will see an idea/ outlook of a swing trade between the Corn and wheat.

Some INTRA day traders will day trade gold vs silver, MNQ versus MES, ten years vs the 30 years and more….

Curious?

Learn more here or even better schedule a one on one consultation with a licensed series 3 broker HERE

Learn more at www.qtchartoftheday.com

FREE TRIAL TO QT MARKET Center – Access to analysis, tools, news & Much more!

Highly recommended for HEDGERS!

Cannon Edge — Your Daily Futures Insight for the Next Trading Day! Cannon Edge for July 13th, 2026

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.

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

Daily Levels for July 13th, 2026

Trading Reports for Next Week

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

www.mrci.com

Find us on Trustpilot

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

E-Mini S&P 500 amidst Market Volatility PLUS: Pre-Market Briefing, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on July 10th, 2026

Posted on July 9, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	4029.40	4080.40	4114.40	4165.40	4199.40
Silver (SI) — Sept. (#SI)	56.70	58.52	59.78	61.60	62.85
Crude Oil (CL) — Aug (#CL)	69.07	70.44	72.78	74.15	76.49
Sept. Bonds (ZB) — Sept. (#ZB)	110 13/32	110 28/32	111 7/32	111 22/32	112 1/32

E-Mini S&P 500 amidst Market Volatility

CannonEdge Market Trend Table

Market volatility remains elevated, and many futures markets continue to trade in a choppy environment without a clearly defined trend.

One of the best tools available to traders in these conditions is the Cannon Edge Market Trend Table below. If you’re looking to identify markets with stronger directional momentum, focus on those where the short-term and long-term trends are aligned. When both trends point in the same direction, it can help highlight markets exhibiting greater consistency and potential trading opportunities.

Yesterday, the E-mini S&P 500 (ES/EP) was the only market meeting this criterion.

Today, it rewarded traders with a gain of nearly 1%. ( see image below)

As always, our experienced Series 3 licensed brokers are available to help you navigate the futures markets, discuss trading opportunities, and answer any questions you may have.

Trade Smarter. Trade with the Cannon Edge.

September Cocoa

September Cocoa resumed its rally into a new high for the move. At this point, the chart is taking aim at its low percentage fourth upside PriceCount objective to the 7431 area.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 10th

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 July 10th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Understanding Futures Spreads PLUS: Sept – Dec Corn Spread, Pre-Market Briefing, CannonEdge Snapshot, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on July 9th, 2026

Posted on July 8, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	3976.23	4032.17	4088.43	4144.37	4200.63
Silver (SI) — Sept. (#SI)	55.43	57.10	59.28	60.95	63.13
Crude Oil (CL) — Aug (#CL)	69.68	71.94	74.01	76.27	78.34
Sept. Bonds (ZB) — Sept. (#ZB)	110 15/32	110 26/32	111 5/32	111 16/32	111 27/32

Understanding Futures Spreads

futures spreads

Course Overview

This course covers the definition of futures spread trades and why you may want to add spreads to your trading strategy. We will discuss the benefits of spread trading which include potential less risk and cost efficiencies. This course will introduce the different types of spreads used with various products.

START HERE – FREE -NO CREDIT CARD NEEDED

Sept – Dec Corn Spread

The Sept – Dec Corn Spread has broken down into a new low. If the chart can sustain further weakness, the third downside PriceCount projects a possible slide to the -25 area.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 9th

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 July 9th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Futures Trading

Posted on July 7, 2026 by Cannon Operations

Futures Trading Platforms

futures trading

The modern futures marketplace never truly sleeps. Major global events, economic releases, overseas market activity, and unexpected geopolitical developments can influence prices around the clock. That reality has made advanced futures trading platforms an essential part of every active trader’s toolkit.

Whether someone specializes in equity indexes, energy, precious metals, agricultural products, interest rates, or cryptocurrencies, technology now plays a central role in execution, analysis, and risk management. Mobile access has become equally important, allowing traders to monitor markets wherever they happen to be.

Cannon Trading Company has spent decades helping traders select technology that fits their experience level and trading style. Since 1988, the brokerage has developed a reputation for combining professional broker support with an extensive lineup of platform choices, competitive clearing relationships, educational resources, and personalized customer service.

Why Mobile Futures Trading Has Become Essential

A mobile trading application is no longer simply a convenience. It has become an important extension of the desktop workstation.

Many active traders begin their day reviewing overnight market action before ever sitting at a computer. Mobile access allows them to remain connected to developing market conditions while traveling, commuting, or attending business meetings.

Several advantages include:

Monitoring open positions throughout the day
Receiving market alerts immediately
Viewing real-time charts
Adjusting protective orders when appropriate
Reviewing account balances and margin availability
Staying informed during major economic announcements

Rather than replacing desktop software, mobile technology complements professional trading by keeping traders connected whenever market conditions change.

1. Immediate Market Awareness Anywhere

Markets frequently move after regular business hours.

Economic reports from Europe or Asia may influence U.S. index futures before American markets open. Likewise, overnight developments affecting crude oil, gold, or Treasury futures can create opportunities long before traders reach their offices.

Using mobile futures trading platforms allows traders to remain informed without needing constant desktop access.

Cannon Trading Company supports numerous professional-grade mobile applications that synchronize with desktop accounts, allowing traders to transition between devices without disrupting workflow.

2. Real-Time Risk Management

Managing risk often matters more than identifying the perfect trade.

Professional traders routinely monitor:

Stop-loss orders
Open profit targets
Margin utilization
Position sizing
Volatility changes

Mobile trading applications provide quick access to these critical account functions.

Instead of waiting until returning home, traders can review positions immediately after significant market events.

Cannon Trading Company helps clients configure platform alerts, order management tools, and account monitoring features suited to their individual trading objectives.

3. Faster Response During Volatile Markets

Certain market environments require rapid decision making.

Examples include:

Federal Reserve announcements
CPI releases
Non-Farm Payroll reports
Major geopolitical developments
Unexpected weather affecting grain markets
Corporate earnings influencing index futures

Modern futures trading platforms provide responsive execution that allows traders to react efficiently when markets move quickly.

Cannon Trading Company offers multiple platform choices designed to accommodate varying execution preferences while maintaining access to regulated futures exchanges.

4. Consistent Platform Experience Across Devices

Today’s technology emphasizes continuity.

Many professional systems synchronize:

Watchlists
Charts
Order tickets
Open positions
Market alerts

This consistency reduces confusion when switching between desktop, laptop, tablet, and smartphone.

Rather than learning entirely different interfaces, traders remain familiar with one integrated workflow.

Cannon Trading Company provides access to numerous technology solutions so traders can select software matching their preferred level of complexity.

How Cannon Trading Company’s Platform Selection Benefits Every Type of Trader

futures trading platform ctc 2 1 1

No two traders approach markets the same way.

Some focus on long-term trend following.

Others specialize in scalping.

Still others primarily hedge commercial exposure.

Because every trading style differs, Cannon Trading Company provides access to multiple professional futures trading platforms instead of forcing every client into one standardized solution.

Benefits include:

Advanced charting
Depth-of-market windows
One-click order entry
Mobile compatibility
Custom workspaces
Automated order management

This flexibility allows traders to select technology matching their specific objectives.

5. Professional Charting and Technical Analysis

Charts serve as the visual foundation for many trading decisions.

Modern platforms include extensive analytical capabilities.

Common features include:

Multiple chart types
Drawing tools
Technical indicators
Volume analysis
Multi-timeframe viewing
Historical market review

These capabilities help traders organize information efficiently before entering positions.

Cannon Trading Company offers access to platforms supporting comprehensive chart analysis for traders seeking professional-grade functionality.

6. Flexible Order Entry Options

Execution preferences vary considerably.

Some traders prefer:

DOM trading
Chart trading
Traditional order tickets
Bracket orders
OCO functionality
Keyboard shortcuts

Providing multiple execution methods allows traders to work more comfortably.

Rather than adapting to software limitations, traders can adapt the software to fit their own workflow.

This flexibility has made Cannon Trading Company attractive to active traders for many years.

7. Reliable Mobile Synchronization

A common concern involves maintaining consistency between desktop and mobile devices.

Professional mobile applications typically synchronize:

Active orders
Filled positions
Account balances
Buying power
Watchlists

This synchronization reduces unnecessary complexity.

Traders can monitor activity throughout the day without needing multiple disconnected systems.

Cannon Trading Company assists clients in selecting mobile-compatible platforms suited to their preferred markets.

Why Opening a Futures Account with Cannon Trading Company Is Straightforward

Opening a professional brokerage account should be efficient while maintaining required regulatory standards.

Cannon Trading Company has developed a streamlined onboarding process that helps prospective clients move through each step with guidance from experienced brokerage professionals.

The process balances convenience with regulatory compliance required throughout the futures industry.

8. Experienced Broker Assistance Throughout the Process

Many first-time traders have questions regarding documentation.

Examples include:

Account applications
Identity verification
Funding methods
Trading permissions
Platform selection
Exchange paperwork

Rather than navigating every requirement independently, clients work directly with knowledgeable brokerage professionals.

This personalized support often simplifies the overall account opening experience.

9. Wide Platform Selection Immediately After Approval

Once an account receives approval, traders can begin selecting technology matching their objectives.

Available options accommodate different experience levels.

Common platform capabilities include:

Professional charting
Mobile access
Advanced analytics
Order management
Multi-monitor layouts
Automated strategy compatibility

Instead of limiting traders to one interface, Cannon Trading Company provides flexibility that supports evolving trading needs.

10. Longstanding Industry Reputation

Choosing a brokerage involves more than selecting software.

Longevity often reflects operational stability, customer service, and industry experience.

Cannon Trading Company has served futures traders since 1988 while continually adapting to technological advancements.

Clients benefit from decades of brokerage experience combined with continuously evolving platform offerings.

That combination continues attracting traders from around the world.

Educational Resources Complement Professional Technology

Technology alone does not guarantee successful decision making.

Education remains equally valuable.

Cannon Trading Company supplements its platform offerings through educational resources that help traders better understand market structure, risk management, order types, and futures mechanics.

Resources often include:

Market commentary
Educational articles
Trading webinars
Platform demonstrations
Broker assistance
Market updates

These educational efforts help traders become more comfortable using available technology.

Customer Service Remains a Core Strength

Many traders value being able to speak directly with experienced professionals.

Technology occasionally creates questions involving:

Platform installation
Data connections
Exchange permissions
Margin questions
Platform navigation
Account services

Responsive customer support helps resolve these issues efficiently.

Cannon Trading Company has built its reputation on personalized service alongside professional trading technology.

Why Traders Continue Choosing Cannon Trading Company

Numerous characteristics contribute to Cannon Trading Company’s longstanding reputation.

They include:

Decades of futures brokerage experience
Extensive platform selection
Mobile-compatible technology
Personalized customer service
Educational support
Access to regulated futures exchanges
Streamlined account opening
Professional broker guidance

These qualities create an environment suitable for both newer traders and experienced market participants.

Technology continues evolving, but personalized brokerage support remains equally valuable.

By combining both elements, Cannon Trading Company continues serving traders seeking reliable brokerage services, professional software, and responsive customer assistance.

Technology has fundamentally changed the way traders participate in today’s global derivatives markets. Professional mobile applications, sophisticated charting tools, flexible execution methods, and synchronized account management have become essential features rather than optional conveniences.

Quality futures trading platforms allow traders to remain connected to markets, manage risk efficiently, and respond quickly to changing market conditions from virtually anywhere. When paired with experienced broker support, educational resources, and responsive customer service, these tools become even more valuable.

Cannon Trading Company continues distinguishing itself by offering an extensive selection of professional trading technology while maintaining the personalized brokerage experience many traders still value. From streamlined account opening to ongoing platform support, the firm’s commitment to customer service has remained consistent for decades.

For traders seeking reliable brokerage support, professional technology, and access to regulated futures markets, Cannon Trading Company continues to provide the combination of experience, flexibility, and service that has earned its reputation since 1988.

Frequently Asked Questions

What are futures trading platforms?

Futures trading platforms are software applications that allow traders to analyze markets, place orders, monitor positions, manage risk, and access real-time market data across regulated futures exchanges.

Why should I use a mobile trading platform?

Mobile applications allow traders to monitor markets, receive alerts, review positions, and manage orders while away from their primary workstation, helping them stay connected during changing market conditions.

Does Cannon Trading Company offer multiple platform choices?

Yes. Cannon Trading Company offers access to numerous professional trading platforms designed for different trading styles, experience levels, charting preferences, and mobile requirements.

Is opening an account with Cannon Trading Company complicated?

The account opening process is designed to be straightforward while meeting all regulatory requirements. Experienced brokerage professionals assist clients throughout each stage of the application and onboarding process.

Why has Cannon Trading Company remained a respected brokerage since 1988?

Its longevity reflects decades of customer service, experienced broker support, educational resources, access to professional trading technology, and a commitment to serving futures traders worldwide.

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

Tomorrow’s FOMC Minutes: What to Watch For PLUS: September Rough Rice, CannonEdge Snapshot, Pre-Market Briefing TEXT & PODCAST, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on July 8th, 2026

Posted on July 7, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	4050.00	4087.00	4139.70	4176.70	4229.40
Silver (SI) — Sept. (#SI)	58.28	59.45	61.02	62.19	63.76
Crude Oil (CL) — Aug (#CL)	67.11	69.56	71.04	73.49	74.97
Sept. Bonds (ZB) — Sept. (#ZB)	110 24/32	111 3/32	111 26/32	112 5/32	112 28/32

Futures Traders: What to Watch Ahead of Tomorrow’s FOMC Minutes

fomc

The Federal Reserve will release the minutes from its June 16-17 FOMC meeting on Wednesday at 2:00 PM ET, giving traders a deeper look inside the discussion that led policymakers to keep rates unchanged. [federalreserve.gov], [federalreserve.gov]

While the rate decision itself is old news, futures markets will be focused on what the minutes reveal about the balance of opinion inside the Fed.

Traders will be looking for clues on:

How concerned policymakers remain about inflation.
Whether committee members are becoming more worried about slowing economic growth.
The extent of disagreement among Fed officials regarding the path of interest rates.
What conditions could trigger future rate cuts—or potentially delay them. [goldsilver.com], [fxstreet.com]

Markets Most Likely to React

Interest rate futures, Treasury futures, stock index futures, gold, and the U.S. dollar could all see increased volatility immediately following the release. Traders should pay particular attention to Fed Funds futures and Treasury yields, which often provide the clearest read on how the market interprets the Fed’s message. [fxstreet.com], [rockstarmarkets.com]

Key Question: Hawkish or Dovish?

If the minutes suggest the committee remains highly concerned about inflation and willing to keep rates elevated for longer, markets may interpret the release as hawkish. That could pressure equity index futures while supporting the dollar and yields.

Conversely, if discussions reveal growing concern about economic softness or labor market weakness, traders may view the minutes as dovish, potentially supporting stock index futures and precious metals while weighing on the dollar. [goldsilver.com], [mtsinsights.com]

Bottom Line

The minutes won’t change policy, but they can significantly alter expectations about future policy. In today’s environment, where every data point is scrutinized for clues about the Fed’s next move, futures traders should be prepared for increased volatility and sharp reactions across multiple asset classes after the release.

As always, managing position size and risk ahead of major Fed events remains just as important as correctly predicting the market’s direction.

Trade The News?

In today’s fast-moving futures markets, news isn’t just information—it’s opportunity ( and RISK!).

Economic releases, central bank headlines, geopolitical developments, twits and unexpected data surprises can trigger rapid price movements in indices, commodities, and rates, giving prepared traders an edge in both short-term setups and high-probability day trades.

The key is getting accurate, actionable news in real time—before the market fully reacts. That’s where TradeTheNews comes in, delivering low-latency headlines and expert context trusted by professional traders worldwide. If you’re serious about using news to sharpen your edge and improve your timing, sign up for a free trial at TradeTheNews.com and experience the difference yourself.

September Rough Rice

September Rough Rice satisfied its first upside PriceCount objective this spring and corrected. Now, the chart is attempting to resume its rally where new sustained highs would project a run to the second count to the 1439 area.

Learn more at www.qtchartoftheday.com

Cannon Edge — Your Daily Futures Snapshot for July 8th

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 July 8th, 2026

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

Find us on Trustpilot