Gold Soars, Wheat Shrinks: 7 Powerful Stats from a Wild Trading Day

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Turbulence in Equities & Commodities

Gold & Wheat, Emini S&P COTD

Buckle your seatbelts, Turbulence in equities and Commodities

By John Thorpe, Senior Broker

Please speak with your broker about ways that you may not be aware of to assist you with your risk management plans. They may surprise you with the creative solutions you may find more efficient than simple stop orders or the old “hand on the mouse blow yourself out” strategy.

Wheat

wheat

Why the turbulence in the Grain markets? USDA prospective plantings report was revealed, although largely in line with expectations, it’s a surprise that planted acres are down for soybeans, wheat and 12% lower for cotton while farmers are switching out of beans and planting corn instead, as seed and fertilizer costs are lower for these compliments in production.

Wheat for all winter varieties planted is the second smallest crop since records have been kept from 1919. The weather market begins now in earnest for the Wheat complex for the next 8 weeks.

    Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely.

 What in the world was going on with equity prices today, first the big dump was attributed to Liberation Tariff Day, coined by the media, only to see the markets stage a brave comeback against all talking point odds! Was this merely a technical correction? Or a combination of oversold and some positive tariff news?

 Mini Dow’s range today? 786 points $value? = $3930.00 from hi to lo

  Mini S & P’s range today? 111.25 points $ Value? = $5562.50 from hi to lo

Mini Nasdaq’s range today? 439 points $value? = 8785.00 from hi to lo

How Gold is your Portfolio?

Gold

gold nugg

All-time highs in gold today. 3162.00 per troy gold ounce currently trading @ 3155.00 + over $40.00 per gold oz. yet the industrial metals were negative today, Dr. Copper and Silver. We offer all exchange traded contract sizes, from 1 oz to 100 ounces.

Secondary tariffs on Russian oil talk had the Crude oil futures up over $2 per bbl safely above the $70.00 /bbl price level.

Tomorrow:

Econ Data:  Redbook, ISM Mfg. Final, JOLTS, Dallas Fed.

FED Speak: Quiet

Earnings: Quiet

Tariff news: Anything goes!

June Emini S&P

The June Emini S&P corrected after it fompleted its second downside PriceCount objective earlier this month. Now, the chart has resumed its slide into a new low which, if sustained, would project a run to the third count in the 5371 area.

6dfca21b 9511 45be b78f 66b38af600f1

Emini

Chart above 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

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 April 1st, 2025

35cfa502 7631 46b8 a728 7d67424929ec

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

4a8c4696 3d99 4100 b8f3 fe3b0ae2d6d4

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

USDA, Non Farm Payroll, & Powell; 3 Poised to Drive Market Volatility in Triple Threat!

7cfe5b36 db9f 4933 824a 7f264613e7fe

USDA

Cannon Futures Weekly Letter

In Today’s Issue #1236

  • The Week Ahead – Non-Farm Payroll, Prospective Plantings and Fed Chair Powell
  • Futures 102 – Intro to Crude Oil Futures
  • Hot Market of the Week – Bloomberg Commodity (CRB) Index
  • Broker’s Trading System of the Week – Combo Breakout Swing System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

Non Farm Payroll Friday!

non farm payroll

June gold is front month!

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

USDA, Non Farm Payroll, Prospective Plantings and Fed Chair Powell?

USDA

One of the most impactful Agricultural reports of the year will be released Monday at 11:00 am CDT. The Prospective Plantings report and Grain Stocks released by the USDA will offer a needed insight into prospective acreage plantings for grains and oilseeds.

I have included commentary from The Progressive Farmers’ DTN top analyst for your review: DTN Pre-Report analysis

usda

More volatility to come as next week all markets will be reacting, as they have been, to the Global Tariff talk.

Non Farm Payroll

Highlights next week will include the aforementioned Grain report. Non farm Payroll (NFP) Friday followed by Fed Chair J. Powell and other Fed Speakers. This may be the final Q4 2024 Earnings guidance as we will see a mere 67 releases the entire week.

USDA, Non Farm Payroll

 Earnings Next Week:

  • Mon. Quiet
  • Tue. Quiet
  • Wed. Quiet
  • Thu. Conagra, Constellation Brands
  • Fri. Quiet

FED SPEECHES:

  • Mon.    Bostic 12:45 CDT, Barr 2:10 CDT,
  • Tues.    Kugler 7:40 CDT, Williams 8:05 CDT ,
  • Wed.    Kugler 3:30 CDT
  • Thu.     Jefferson 11:30 CDT, Cook 1:30 CDT
  • Fri.       Fed Chair J. Powell 10:25 CDT, Barr 11:00 CDT, Waller 11:45 CDT

Economic Data week:

  • Mon. Chicago PMI, Dallas Fed, USDA Prospecting Plantings and Grain Stocks
  • Tue. Redbook, ISM Mfg. Final, JOLTS, Dallas Fed.,
  • Wed. EIA Crude Stocks, ADP, Factory Orders
  • Thur. Initial Jobless Claims, ISM Svcs Final, EIA Nat Gas
  • Fri. Non-Farm Payroll

USDA, Non Farm Payroll

Futures 102: Introduction to Crude Oil futures

Course overview

crude oil

Today’s energy crude oil market is truly global. From West Texas Intermediate (WTI) to Brent and DME Oman, the crude oil market fuels many of the world’s leading economies and impact nearly every nation. Energy crude oil futures and options provide the tools the industry needs to manage risk.

Explore the key concepts and structure of today’s energy markets, including the factors that affect supply and demand and move prices. Learn how to use these instruments to hedge exposure and unlock opportunities.

Start FREE Course Now

feea1eb9 e79d 43ed 86e8 b8ad9563ecd2

USDA, Non Farm Payroll

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

Bloomberg Commodity Index

The Bloomberg Commodity Index is a basket of 24 commodities spread across energy, grains, softs, livestock, industrial and precious metals. The weekly chart has developed a 2-year sideways range of trade. IF the chart can break out to the topside, there are upside PriceCount objectives in place which suggest that this index would have significant potential to run.

c0465bb4 b208 4214 b3ed d25703dceb3c

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.

USDA, Non Farm Payroll

Brokers Trading System of the Week

Combo Breakout 1 Trading System

Market Sector: Diversified / Multiple

Markets Traded:  C , KW , S , W , CL , HO , NG , RB , KC , SB , FGBL , TU , FV , BP , EC , JY , SF , DX , FESX , GC , EMD , NQ , RTY , ES , YM ,

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $50,000

Developer Fee per contract: $200.00 Monthly Subscription

System Description: 

Portfolio Combo Breakout I consists of 5-6 daytrade and swing strategies using different symbols, timeframes, and session templates. All strategies are developed by simple, structured, and proven breakout models based on strong fundamental logics.

All strategies are fully robustness tested as well as stress tested with no position sizing, more contracts can be traded. The 5-6 strategies have very low correlations (Less than 0.1) in order to achieve smoother portfolio equity curve.

Combo Breakout I is specially designed to trade with Combo Breakout II and Combo Breakout III for their low correlations in the portfolio level.

Get Started

Learn More

cb74c3ab 5ec4 4e8e 953f b14c8518c26c

USDA, Non Farm Payroll

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.

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. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for March 31st, 2025

9078135c a21f 4641 b76e 316ac77cb6e5

Would you like to receive daily support & resistance levels?
Yes
No

Trading Reports for Next Week

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

www.mrci.com 

5aa002c1 163a 47ff 8281 fd2bdaab6fcc

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

Surging Demand: Weekly Energy Options Jump 17.8% Amid Global Trade Shakeups

9dc1e02e d5f7 4ff4 abf7 1df60775f196

WORLDWIDE WHIRLWIND

Options

Options

Amid geopolitical and macroeconomic movements, Weekly options offer hedging opportunities

Since his inauguration on January 20, President Donald Trump has regularly made headlines for his international trade policy moves. These fluctuating tariff policies have added volatility to commodity markets, as traders strategize how to navigate uncertainty.

On Monday, March 10, Beijing implemented tariffs on multiple farm products from the U.S. Facing a 15% tariff includes chicken, wheat and corn, while soybeans, pork, beef and fruit face a 10% tariff. China is the largest overseas market for American agricultural products. As policy continues to develop, or‌ stays the same, traders can use Ag Weekly options to insulate their portfolios from uncertainty, now available every day of the trading week. Ag Weekly options hit a record in early March, with 3,730 contracts trading on March 5.

Canada planned to retaliate against President Trump’s 25% tariff on Canadian exports in early March. Ontario was looking to impose a 25% surcharge on energy exports to Michigan, Minnesota and New York. President Trump then moved to increase Canada’s initial metals tariff to 50%, but both countries revoked these additional tariffs. To navigate world events, such as tariffs, traders continue to look to Weekly Energy options. WTI Weekly Energy options ADV in March is up 17.8% compared to February 2025, with an average of 24,222 contracts traded in March to February’s 20,562 contracts.

The Trump administration also placed a 25% tariff on all steel and aluminum imports to the U.S. in early March, which also applies to certain products such as nails, wires and car body and bumper stampings. The steel and aluminum tariffs of President Trump’s first term were subject to a product exclusion application process; this exemption process does not exist for the updated steel and aluminum tariffs. Metals traders can turn to Metals Weekly options to hedge risk that may come with volatility in the markets.

GET DAILY MARKET UPDATES VIA VIDEO – FREE

S

May Crude Oil

May crude oil stabilized its break earlier this month and now has activated upside PriceCount objectives on the correction higher. The first count projects a possible run to the 71.12 area.

b3cc484e 25f7 4d6a b8b7 9b02f8e10f8f

Chart above 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

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 normalfor 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 March 28th, 2025

cab6b426 37dc 4ecd 96d5 fc3ccc55ebb8

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

246e53a5 0614 4eac 820c 32c23fc99ce6

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

Market Update: Copper Prices Rise Amid Economic Uncertainty

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Market Highlights – NASDAQ, Copper

nasdaq

by Mark O’Brien, Senior Broker

Indexes – Nasdaq 

Stock index futures dipped today, led lower as pressure on the tariff front mounted.  The June E-mini S&P 500 Futures contract lost ±1.4%, while the E-mini Dow traded ±250 points lower, or 0.6%.  The E-mini Nasdaq shed about 2%.

Stock index futures hit session lows after the White House said that President Donald Trump will unveil new tariffs on auto imports during a press conference at 4 p.m. ET.  This will come ahead of a broad array of additional levies expected to be revealed next week.

Grains:

Discover new tools for planting season ahead of key reports.  The upcoming Prospective Plantings report can significantly impact market prices, especially if the actual numbers differ from pre-release estimates. New Weekly options on crops such as Corn, Soybean, Soybean Meal, Soybean Oil and Chicago Wheat offer more precise risk management around the report’s release.

Micro Corn futuresMicro Wheat futuresMicro Soybean futures, Micro Soybean Meal futures and Micro Soybean Oil  futures were launched on February 24, 2025, with the first weeks of trading already providing meaningful liquidity.

Financially settled Micro Agricultural futures allow customers to stay in their position closer to expiration, with no risk of physical delivery.

New Micro Agricultural futures are a tool for retail traders looking to gain exposure to commodity markets without incurring the risk of physical delivery and with less margin costs than standard Agricultural futures.

Small- to medium-size farmers can take advantage of Micro Agricultural futures to hedge parts of their expected harvest, without having to rely on standard Grains futures contracts of 5,000 bushels (according to the USDA, the average farm in the U.S. consists of 464 acres).

Metals – Copper

On December 31st, March copper futures settled at 4.0265.  Today, they were trading at about 5.22; an increase of about 30% in the first three months of the year and a 5+ year high.  This dramatic price action is driven by traders pricing in the possibility of hefty tariffs on the crucial industrial metal. The price gap between U.S. copper futures and the global benchmark on the London Metal Exchange has widened to record levels, creating a powerful incentive for traders to shift copper into the United States.

Daily Levels for March 27th, 2025

068f22df 6ecd 4900 9b44 e634f5cbacf7

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

6b7f3c90 2f0b 4945 a26f 53df39caabda

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

Key Indicators to Watch in This Volatile Market

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Bear Trap?

bear trap

What is a Bear Trap? Fed Speakers and more…

By John Thorpe, Senior Broker

With the Stock market pausing at these levels, what gives? Are we in a Bear Trap?

Bear Trap Definition:

A bear trap in trading occurs when an index appears to be in decline. Traders move in, expecting a continuing decline, posting short sales to profit from the downturn. However, the index unexpectedly reverses direction, causing those who bet against it (the bears) to lose on their trades.

Bear Trap: How to Mitigate Them

Bear Traps are very difficult to determine. This would mandate the need for good risk management tools, stops, option strategies, smaller position size when you believe your technical have signaled a bear market.

Choose your opportunities wisely. Prepare for shocks, on inflation soft and hard data in addition to the fed speakers the rest of this week. 2 tomorrow, 1 Thursday and 2 on Friday along with Core PCE Thursday and Mich. Consumer sentiment.

The Stock market has begun revealing the battle between Push-Pull inflation with Tariff uncertainty.

Kremlin on Tuesday acknowledged they’ve agreed to develop measures to stop strikes on Ukraine and Russian energy facilities for 30 days

Tomorrow:

Econ Data:   Durable Goods, EIA Crude Stocks

FED Speak: Kashkari 9:00 CDT, Musalem 9:10 CDT

Earnings: Quiet

943703b9 d439 48e5 a53f 98cac84a8b0f

May Copper

The rally in May copper took a brief pause after completing the second upside PriceCount objective last week. Now, the chart has resumed its rally where new sustained highs project a possible run to the third count to the 5.62 area.

5d695150 6195 405f b1e2 9263c87a92c7

Chart above 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

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 normalfor 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 March 26th, 2025

a6147703 ed61 4360 a861 1b7af3e9f2f4

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

78c69d6e ce34 4a04 bf11 7b4a2b3e4114

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

5 Powerful Reasons Micro Grains Are Dominating the Market Surge!

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Micro Grains!

micro grains 2

Micro Ags Are Available!

With Perspective Plantings Report next Monday, it is a good idea to familiarize yourself with MICRO GRAINS.

Micro Grains

This report contains the expected plantings and last year’s harvest for principal crops and tobacco presented on a state basis. Principal micro grains crops are as follows: corn, all wheat, winter wheat, durum wheat, other spring wheat, oats, barley, flaxseed, cotton, rice, all sorghum, sweet potatoes, dry edible beans, soybeans, sunflower, peanuts, sugarbeets, canola, and proso millet.

After the first three weeks of trading, we are approaching just under a half million Micro Grains contracts traded for Micro Corn, Micro Soybean, Micro Soybean Oil, Micro Soybean Meal, and Micro Wheat, as well as some other quick hits below:

ed91c8b3 f1a7 43cc a0a7 0714e6a8cec3

That’s Micro Grains for tomorrow!

Try Micro Grains, grain futures and many other futures with our REALTIME state of the art FREE platform!

FREE DEMO HERE

Daily Levels for March 25th, 2025

31b941fe bf81 48f3 b76d a4553a23acb2

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

58a1b1f0 007a 4de0 a408 1c2125ebad25

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

3 Explosive, Novel Opportunities in Bitcoin & Cocoa Futures You Can’t Miss

7cfe5b36 db9f 4933 824a 7f264613e7fe

Cannon Futures Weekly Letter

In Today’s Issue #1235

May Cocoa, Bitcoin Futures

cocoa 2

  • The Week Ahead – Inflation Data, Earnings & Housing
  • Futures 102 – Intro to Bitcoin Futures
  • Hot Market of the Week – May Cocoa

  • Broker’s Trading System of the Week – Mini SP500 intraday System
  • Trading Levels for Next Week
  • Trading Reports for Next Week

First week of Spring!

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

 

Where will volatility come from next week?

 

Highlights next week will include more Housing data and plenty of “Soft Data” about consumer confidence and hard data about inflation. Earnings are in the bottom of the Ninth inning, I have included below the largest cap stocks reporting next week, you will agree: these should not have much of an impact on the price of any of the indices.

Finally, the FED Speakers are back! 9 separate speeches, the times are below.

Earnings Next Week:

  • Mon. McCormick Spice co
  • Tue. Gamestop
  • Wed. Cintas, Paychex,inc, Dollartree
  • Thu. Lululemon
  • Fri. Quiet

FED SPEECHES:

  • Mon.     Bostic 12:45 CDT, Barr 2:10 CDT,
  • Tues.     Kugler 7:40 CDT, Williams 8:05 CDT ,
  • Wed.     Kashkari 9:00 CDT, Musalem 9:10 CDT
  • Thu.      Barkin 3:30 CDT
  • Fri.       Barr 11:15 CDT, Bostic 2:30 CDT

Economic Data week:

  • Mon. Chicago Fed Nat’ l activity index, S&P Global composite PMI
  • Tue. Redbook, Case Schiller Home Price index, Consumer confidence, New Home Sales, Richmond Fed Mfg. Index,
  • Wed. Durable Goods, EIA Crude Stocks
  • Thur. GDP Final (consensus 2.3 % ann growth rate) , Core PCE (consensus 2.7%) Initial Jobless Claims, Pending Home Sales, EIA Nat Gas.
  • Fri. Core PCE M o M, Michigan Consumer Sentiment

Futures 102: Introduction to Cryptocurrency futures

Course overview

Cryptocurrency futures, available at CME Group, provide market participants with multiple products for cryptocurrency risk management or market expression. Expand your understanding of the cryptocurrency markets, products, and underlying reference rates. This course covers:

 

  • Bitcoin

  • Ether
  • Micro Bitcoin

  • Micro Ether
  • Options on Bitcoin futures

  • BTIC on Cryptocurrency futures

Start FREE Course Now

7ff121ea ac42 4d48 817e 10e9ae7e26e4

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

May Cocoa

May cocoa completed its first downside PriceCount objective early this month and spent time trading sideways in a consolidation trade. Now, the chart is threatening to break down again where new sustained lows would project a possible slide to the second count in the 7130 area.

3ba1a70b fa55 4537 93e2 4a9d5e119841

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

Abacus Momentum Trading System

System Description

Market Sector: Stock Indexes

Markets Traded:  ES ,

System Type: Day Trading

Risk per Tradevaries

Trading Rules: Not Disclosed

Suggested Capital: $19,500

System Description: 

An ES day trading system currently traded by the developer who has 15+ years’ experience. The system seeks to catch significant intra-day moves (long or short) on days when market movement is expected to be above average.

Short positions trade one contract but long positions trade two contracts to reflect a lower risk/reward profile. Correlation to the S&P500 index is very low and the system is designed to perform in both bull and bear markets. The system is robust with simple logic and averages 5-6 trades a month without the risk of overnight positions.

Recommended Cannon Trading Starting Capital

$20,000

COST

Developer Fee per contract: $145.00 Monthly Subscription

Get Started

Learn More

97d2bc9e 5724 4855 9975 336d6774b1f2

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.

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.

Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?
Yes
No

Trading Levels for Next Week

Daily Levels for March 24th, 2025

015995ef 1a0d 46aa 90ca 84e0eb0b3d46

Would you like to receive daily support & resistance levels?
Yes
No

Trading Reports for Next Week

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

www.mrci.com

175bb7ef 98e7 4a69 92bf ed5a317d9a1d

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

Triple Witching Friday; Powerful Market Shift! 3 Crucial Facts About Triple Witching Friday

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Triple Witching!

triple witching

Triple Witching tomorrow!

Stock Index March contracts (i.e., the E-mini and Micro S&P, Nasdaq, Dow Jones and Russell 2000.) expire Friday, March 21st (8:30 A.M., Central Time). At that point, trading these contracts halts. Stock index futures are CASH SETTLED contracts. If you hold any March futures contracts through 8:30 A.M., Central Time on Friday, they will be offset with the cash settlement price, as set by the exchange.

Triple Witching!

FRONT MONTH IS NOW JUNE, the symbol is M25, example for MICRO mini SP is MESM25

Things to know about Triple Witching

A “triple witching,” is NOT without risk for holders of futures and futures option contracts.

A triple witching is the simultaneous expiration of stock options, index futures, and index futures options that occurs four times a year.

The first triple witching of 2025 will take place this Friday. Futures Stock indices and futures Options cease to allow trading at the opening bell of the Cash Stock market and settle, NOT to the final traded price at that time but, at a fixed settlement price based on where all the stocks making up the index have opened, this becomes the cash settled price for those contracts not offset prior to the trading halt.

Triple Witching!

S

Bloomberg Commodity Index

The Bloomberg Commodity Index is a basket of 24 commodities spread across energy, grains, softs, livestock, industrial and precious metals. The weekly chart has developed a 2-year sideways range of trade. IF the chart can break out to the topside, there are upside PriceCount objectives in place which suggest that this index would have significant potential to run.

2aad4e38 a7bc 41e4 acd9 f2709d9d25fc

Chart above 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

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 normalfor 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 March 21st, 2025

d8ade829 a3ed 41e9 b32f 40e8157071f7

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

280a59ac 9d9b 45c4 9938 d470749cb78d

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

FOMC: Shocking Decision Just Sent Gold Soaring: 3 Big Reasons Why

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Market Highlights

by Mark O’Brien, Senior Broker

The Day After FOMC

fomc

FOMC Meeting Update  

The FOMC left interest rates unchanged today.  In language newly added to its policy statement, “Uncertainty around the economic outlook has increased.”  Surveys of consumers and businesses, corporate earnings, and financial markets, albeit “soft data,” have suggested that the economic ground may be shifting beneath our feet.  Last Friday, the University of Michigan’s preliminary survey of consumer sentiment for March sank for the third straight month, showing sharply lower expectations for the future – regardless of respondents’ party affiliations.  Warnings have percolated from airlines and retailers, i.e. Dollar General and Walmart, about underwhelming consumer demand.  Outplacement firm Challenger Gray & Christmas announced layoffs reached their highest levels since the summer of 2020, when the pandemic was in full force — and the highest level for the month of February since 2009. That’s all for the FOMC for now.

Metals:

Gold prices edged higher to hover near all-time highs on the heels of Fed Chairman Jerome Powell’s post announcement press conference.

Daily Levels for March 20th, 2025

c5937400 3b21 4803 b673 3a6bad946ee4

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

248517e1 e2e5 4c6e b14f 47c6daada34d

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact

Gold Surges to All-Time Record High of $3040 – 5 Key Signals, 7 Volatility Triggers Before the FOMC Decision

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Movers & Shakers – GOLD

by John Thorpe, Senior Broker

gold nugg

 

Movers and Shakers:  FOMC Meeting Tomorrow @ 1:00PM CDT

    Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely. Prepare for shocks on the tomorrow FOMC Rate decision but, more importantly, expect a roller coaster during the Chairman’s statement and Q and A 30 minutes to follow.

How gold is your portfolio? 

All time highs in Gold today. 3040.00 per troy ounce of Gold. We have all contract sizes, from 1 oz to 100 ounces of Gold.

Today was a subdued trading day for almost all of the high-volume products we trade compared to the past 30 days or so.

Waiting for FOMC rate decision?

GOLD

Here were today’s top headlines.

Updated: March 18, 2025 7:32 am

US Housing Starts and Building Permits Headline Recap

**US February Housing Starts: +11.2% to 1.501 mln units annualized rate; expected +1.0% to 1.38 mln

**US February Building Permits: -1.2% to 1.456 mln unit annualized rate; expected -2.2% to 1.45 mln

Updated: March 18, 2025 8:17 am

Federal Reserve US Industrial Production & Capacity Utilization Headline Recap

**Federal Reserve February US Industrial Production: +0.7%; expected +0.3%

**Federal Reserve February US Capacity Utilization: +0.5% to 78.2; expected 77.8%

**Federal Reserve January US Industrial Production revised: +0.3%; prior +0.5%

  • **Federal Reserve January US Capacity Utilization revised: 77.7%; prior 77.8%

Daily Levels for March 19th, 2025

5b0a901d f76a 41a5 aaa8 d6ac04d7bfc2

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.

822b33c5 2339 45ed bc84 e9c8f8c7358e

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

7e6cb20a 22ad 4753 83f5 6733219577f9

Find us on Trustpilot

stars

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.

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

S
Facebook  Instagram  LinkedIn
S
ef3ab1c9 8d6d 4e60 a3f1 af5d9d4ecbb3
Services
Software
Tools
Community
Contact