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Volatility, 16 Fed Speeches, July Coffee; Your Important Need-To-Knows for the Week of May 19th, 2025

Posted on May 16, 2025 by Cannon Operations

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Cannon Futures Weekly Letter

In Today’s Issue #1242

LIVE, FREE Demo for Futures & Options
The Week Ahead – 16 Fed Speakers, Earnings, Housing, Tariffs, Volatility
Futures 102 – 5 Short Videos to Help Your Trading
Hot Market of the Week – July Coffee
Broker’s Trading System of the Week – Heating Oil Swing Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Free Demo: Live Data, Streaming Charts

Introducing the newest trading platform to our already prominent selection: CannonX

Cloud-based and compatible with Windows and MacOS
Top-of-the-line tradable charts with abundant indicators and drawing tools
Option quotes display for all expirations and including all “Greeks.”
Quote programmability for straight futures and options as well as futures and option spreads, including multi-leg/complex options spreads.
Depth-of-market display at your fingertips for any of the position types listed aboveFull, easy-to-read account information display

START YOUR DEMO NOW

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Volatility!

volatility

16! Count ‘em, 16 Fed speeches next week, a full week of trading in advance of Memorial Day weekend. Volatility expected.

More volatility to come as next week all markets will be reacting to whatever comes out of the U.S. Gov’t leadership relating to conflicts cessation and trade deals. Therefore, increased volatility expectations.

Look for changes from hawkishness to the doves fly in the tone and tenor of Fed speeches next week. June 18th is the next FOMC rate decision release.

Economic hard data Highlights next week will include Chicago Fed Economic Activity Index, Purchasing Managers Index, and few housing market numbers. Earnings reports will reflect 350+ total reports while we are in the bottom of the 7th inning of earnings season, the reports can still impact the indices but much less than in past weeks Highlighted by Home Depot, Palo Alto Networks, TJ Max and intuit to name a few Large Cap stocks.

Earnings Next Week:

Mon. Quiet
Tue. Home Depot, Palo Alto Networks
Wed. TJ Max, Lowes, Medtronic
Thu. Intuit
Fri. Quiet

FED SPEECHES:

Mon. Bostic 7:30 am, Jefferson and Williams 7:45 am, Logan 123:15pm, Kashkari 12:30 pm
Tues. Barkin and Bostic 8:00 am, Collins 8:30 am, Musalem 12:00pm, Kugler 3:00 pm, Daly and Hammack 5:00 pm
Wed. Barkin 11:00am
Thu. Williams 1:00pm,
Fri. Cook 11:00am

Economic Data week:

Mon. CB index of leading indicators
Tue. quiet
Wed. EIA Crude Stocks,
Thur. Chgo Fed Activity Index, Initial claims, PMI, Existing Home Sales, KC Fed Activity Index, EIA Nat Gas
Fri. Bldg Permits, Home Sales

Futures 102: Short Trading Videos to Improve Your Trading

Watch a series of short videos, where our VP, Ilan Levy-Mayer shares his personal preferences and opinions on different trading topics.

· Ever wondered when to exit a trade? Take a look at what Ilan has to share on Bollinger Bands and a study called PARABOLICS

· Some common uses you can make of support and resistance levels.

· Filter out the noise with range bar charts

· “Price Confirmation” how to use it for entering trades?

· Where do I exit a profitable position?

Watch Videos Now!

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

July Coffee

The July Coffee failed upside attempt!

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

Swing 61B Trading System

Market Sector: Energies

Markets Traded: HO – Heating Oil

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $25,000

Developer Fee per contract: $145.00 Monthly Subscription

System Description:

Trade ES futures. System coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

Learn More

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

Trading Levels for Next Week

Daily Levels for May 19th, 2025

Would you like to receive daily support & resistance levels?

Yes

Trading Reports for Next Week

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

www.mrci.com

Find us on Trustpilot

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 Apple, Spotify, Amazon

or wherever you listen to podcasts!

PPI, Manufacturing Surveys, CannonX Time on Charts; 3 Important Need to Knows for Futures Trading on May 15th, 2025

Posted on May 14, 2025 by Cannon Operations

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What to Know Before Trading Futures on May 15th

PPI, Key points for tomorrow

By Mark O’Brien, Senior Broker

ppi

Keep an eye out for tomorrow’s economic reports, starting at 7:30 A.M., Central Time with the release of the Bureau of Labor Statistics’ PPI, showing the cost of wholesale goods and services.

The PPI reading reflects what companies pay for supplies such as grains, fuel, metals, lumber, packaging and so forth. The PPI is a key inflation gauge.

At the same time, the Labor Department will release its Initial Jobless Claims, which measures the number of individuals who filed for unemployment insurance for the first time during the past week.

Manufacturing Surveys

Although with less cachet, tomorrow will also see the release of the Empire State Manufacturing Survey, which is a monthly survey of manufacturers in New York State conducted by the Federal Reserve Bank of New York.

Probably in the same category the Philadelphia Fed Manufacturing Survey will be released by the Federal Reserve Bank of Philadelphia.

Both surveys will be released at 7:30 A.M., Central Time.

Probably the most compelling event tomorrow will be at the Thomas Laubach Research Conference in Washington, D.C. where Fed Chair Jerome Powell will speak at 7:40 A.M., Central Time.

CannonX Time on the Charts

On a different note, here are some tips on creating a custom time chart interface using our FREE CannonX platform! (free demo)

How to create a custom Time on the charts?

Click on the arrow next to the current time interval

Click on the custom option and type in the number of minutes or days you would like to see.

Click ok and your new chart with custom time is available! In this example i selected 13 minutes.

Daily Levels for May 15th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

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 Apple, Spotify, Amazon

or wherever you listen to podcasts!

FOMC Key Takeaways from CME, Dollar Index; 4 Important Need-To-Knows When Trading Futures Tomorrow

Posted on May 8, 2025 by Cannon Operations

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FOMC Takeaways

FOMC Key Takeaways with Craig of CME Group

The awaited Fed Interest Rate decision was released yesterday, and as expected, the Fed kept the interest rates unchanged while signaling that rate cuts could be on the horizon for the remainder of the year.

With this announcement, the equity indices initially broke to the downside and then were able to recover at the end of the session. Gold, Silver, and Crude Oil all traded lower today after seeing strong gains to start the week.

FOMC

The CME Fed Watch Tool has been moving today with the interest rate decision along with the volatility in different markets, and seeing the changes over time can be beneficial.

This morning at 9:00 A.M. Central Time, the tool was pricing in a pause for the June meeting with a 69% probability, and that figure went up to 76% as of 3:00 Central Time after hearing remarks from Powell.

In a similar way, the probability for a rate cut at the July meeting remained the same near 56%. What this tells traders is that the market is pricing in a higher chance of the first interest rate cut coming at the July meeting instead of the previous expectation of the June meeting.

Would you like to view daily updates/takeaways and general research?

Visit our RESEARCH section which updates throughout the day!

Craig Bewick has spent 25 years in futures and options markets, starting at CBOT and CME working in risk management, regulatory, technology, product management and client development.

June Dollar Index

The June Dollar Index stabilized its inside last month after it satisfied its fourth downside PriceCount objective. Now, the chart has activated upside counts and is taking aim at the first objective to the 101.22 area.

Learn more at www.qtchartoftheday.com

Daily Levels for May 9th 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

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 Apple, Spotify, Amazon

or wherever you listen to podcasts!

Post FOMC Life, July Bean Oil, Metals, Energies

Posted on May 7, 2025 by Cannon Operations

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Post FOMC

fomc

Post FOMC

by Mark O’Brien, Senior Broker

General:

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic uncertainty.

“Uncertainty about the economic outlook has increased further,” the Fed indicated in its FOMC Statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen.”

The central bank’s decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.

It comes after the Fed left rates at that level at its two previous meetings in January and March, which followed three consecutive rate cuts at its preceding meetings – which involved a 50-basis-point cut in September and a pair of 25-basis-point reductions in November and December.

Metals: 

June gold futures ended April closing nine days with a >$100 per ounce price range, a $10,000 per contract move between its daily high and low trades. Five trading days into May and we’ve already seen two more, with a couple of >$80 ranges thrown in.

Energies:

June crude oil traded intraday Monday – on the Sunday opening – to $55.30/barrel and closed at the lowest in four years ($57.13 a barrel back in February 2021), after OPEC+ agreed to hike production for a second month. The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes one month after OPEC+ surprised the market by agreeing to boost production in May by the same amount.

July Bean Oil

July bean oil broke out into a new high last month but was unable to sustain the move and now the chart has activated downside PriceCounts on the correction lower. The first count projects a possible slide to the 46.44 area.

Learn more at www.qtchartoftheday.com

Daily Levels for May 8th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Day Trading Margins, June Mexican Peso; 7 Key Insights for Smarter Futures Trading Amid Strong Market Swings

Posted on April 30, 2025 by Cannon Operations

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Day Trading Margins; June Mexican Peso

day trading margins

Day Trading Margins

In recent weeks on various days, market volatility and the commensurate risks of trading have soared. Daily price ranges for assets like the major stock index futures (S&P 500, Nasdaq 100, Dow Jones, Russell 2000), gold, crude oil, the U.S. Dollar Index & foreign currency futures have awed market participants.

For example, June gold futures closed on nine days this month with a >$100 per ounce price range, a $10,000 per contract move between its daily high and low trades. Even less-reported markets like cattle, cocoa and coffee have made major daily price moves, often in multiday streaks.

As a result, the major exchanges where these market trade, i.e., CME Group and ICE, have increased the day trading margin requirements for many of the futures contracts exhibiting these outsize moves. As well, clearing firms have followed with increases in the margins required to trade these futures contracts intraday. These are their day trading margins.

It is obviously important for traders to know the risks involved in trading and that includes knowing the day trading margin requirements for the futures contracts you’re trading. The exchanges’ margin requirements are applied to all futures contracts uniformly for trades held overnight or longer.

On the other hand, day trading margins can differ among clearing firms. Also, some days clearing firms will set day trading margins differently at different times of the day. For example, day trading margins may be set higher during the nighttime hours of the day and reduce them during daytime hours.

Moreover, clearing firms determine day trading margins in different ways. Some set a “flat rate” for day trading margins, others calculate it as a percentage of the exchanges’ margin requirements.

Before you enter any futures position, plan your trade, including check know the margin requirement and day trading margin requirement of the futures you’re about to trade. Definitely get in touch with your Cannon broker for any assistance with these.

Day Trading Margins

June Mexican Peso

The June Mexican Peso completed its first upside PriceCount objective and has turned sideways in a consolidation trade. From here, if the chart can sustain further strength into new highs, the second count would project a possible run to the 52.47 area.

Learn more at www.qtchartoftheday.com

Daily Levels for May 1st, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

2 Important Updates: Bear Market Rally, June Canadian Dollar

Posted on April 29, 2025 by Cannon Operations

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Bear Market Rally?

June Canadian Dollar updates

bear market

A week of impactful earnings reports (2242 globally) as the Bear market rally continues,

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.

Bear Market

Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely in this Bear Market.

Economists are expecting the first look at US 1Q 2025 GDP to show the economy grew +0.4% on quarter over quarter terms. The advanced 1Q 2025 chain weighted price index is expected up +3.0% and compares with the 4Q 2024 at +2.3%. The data will be released at 7:30 am CT Wednesday morning.

Bear Market Updates

Mini Dow’s range today? 482 points $value? = $2410.00 from hi to lo

Mini S & P’s range today? 75.75 points $ Value? = $3787.50 from hi to lo

Mini Nasdaq’s range today? 310.50 points $value? = $6210.00 from hi to lo

Tomorrow – Last trading Day of the month! President Trump may be speaking during market hours:

Econ Data: Core PCE, ADP, GDP first look Q1, Chicago PMI , Pending home sales, EIA Energy stocks.

FED Speak: Blackout period

Earnings: Microsoft, Meta, Qualcomm, Caterpillar

Tariff news: Anything goes!

That’s a Bear Market for you!

June Canadian Dollar

The June CAD established a bottom in February and recently activated upside PriceCounts off the lows. The chart is now taking aim at its first upside target in the .7320 area.

Learn more at www.qtchartoftheday.com

Daily Levels for April 30th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

0DTE: 5 Reasons Traders Are Embracing 0DTE Options

Posted on April 23, 2025April 23, 2025 by Cannon Operations

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Get to know zero days to expiration options (0DTE)

With recent volatility we have heard a lot of the following:

“The market moves so fast and so wild I am getting stopped out left and right….”

0DTE

Maybe it’s time to consider 0DTE options? Same day options?

A 0DTE is an option that no longer trades after the conclusion of the current trading day.

When an option reaches this stage, there’s not much more time left to act on the right to buy or sell the underlying asset. The window is small, and the move that the trader is anticipating needs to happen fast.

For some traders, the last day before expiry is the best moment to invest in options. Traders like 0DTE options because they allow an opportunity to capitalize on positions quickly and tie up capital for short periods.

Entering and exiting trades on the same day also eliminates the risk of the price moving overnight while the trader is asleep and not in front of the computer screen.

Growth in zero day to expiration options (0DTE) has been impressive with year-to-date (2024) 0DTE E-mini options’ average daily volume up 25% compared to the year prior.

Perhaps more importantly, volumes across all expirations continue to grow dramatically in addition to 0DTE expirations.

CME Group Option Days to Expiration Volumes (0DTE)

If you are using the StoneX platform, bookmark this page and get daily updates on the current margin rates for day trading. As always feel free to reach out to your broker directly.

https://www.cannontrading.com/tools/support-resistance-levels/margins/

June Natural Gas

June natural gas resumed its break into new lows. This has the chart taking aim at its second downside PriceCount objective near 3.00. It would be normal to see a near term reaction from this level in the form of a consolidation or corrective trade.

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Daily Levels for April 24th, 2025

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

Cattle! 5 Powerful Signals That Cattle Prices Are Breaking Records – Are You Positioned Right?

Posted on April 22, 2025 by Cannon Operations

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Cattle! Gold! Your Summer of ‘25 burgers will be the most expensive in your lifetime!

Cattle

By John Thorpe, Senior Broker

Buckle your seatbelts, Huge Rally in equities and Commodities on the move.

Your Summer of ‘25 burgers will be the most expensive in your lifetime!

Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely.

Have you looked at the Cattle market lately? All time high prices?

I bet you have checked the recent price of your favorite cut of beef at the local Piggly Wiggly.

The Live cattle futures and Feeder cattle futures contracts are at all-time highs. The biggest supporting data, you ask? The US Cattle herd is the smallest it has been in over 65 years.

Think about that for a minute. The US Population in 1960 was a mere 179,323,000 souls. In 2025? Estimates are near the 341,662,000 mark. I doubt the 162,339 000 Americans that represent this population growth can’t all be Vegan! Low supply meets big demand until……

The overnight initial margin req. for 1 Live Cattle contract (40,000 lbs) is 3025.00 and for the Feeder cattle, 4537.00. Please call for more details.

Mini Dow’s range today? 1203 points $value? = $6015.00 from hi to lo

Mini S & P’s range today? 167.50 points $ Value? = $8375.00 from hi to lo

Mini Nasdaq’s range today? 650.25 points $value? = $13005.00 from hi to lo

How gold is your portfolio?

All time highs in the yellow metal today. 3509.9 per troy ounce currently trading @ 3366.00 +/- over $144.00 per oz. what a correction for this over bought market as it reacted to the recovery in the equities. We offer all exchange traded contract sizes, from 1 oz to 100 ounces.

Tomorrow:

Econ Data: New Home Sales, Beige Book, EIA Energy stocks.

FED Speak: Musalem and Waller @ 8:35am CDT

Earnings: IBM, AT&T, Phillip Morris

Tariff news: Anything goes!

Daily Levels for April 23rd, 2025

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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Find us on Trustpilot

Call Now

Join our Private Facebook group

Subscribe to our YouTube Channel

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

or wherever you listen to podcasts!

5 Key Price Limit Insights That Help Navigate May Bean Oil Volatility

Posted on April 4, 2025April 14, 2025 by Jenny Collins

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Cannon Futures Weekly Letter

In Today’s Issue #1237

About Price Limits
The Week Ahead – FOMC Minutes, tariffs News to Fuel Volatility
Futures 102 – Technical Analysis Course
Hot Market of the Week – May Bean Oil
Broker’s Trading System of the Week – Abacus Raider NQ Day Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Price Limit

price limit

A price limit is the maximum price range permitted for a futures contract in each trading session. When markets hit the price limit, different actions occur depending on the product being traded.

Some markets may temporarily halt until price limits can be expanded or trading may be stopped for the day based on regulatory rules.

Different futures contracts will have different price limit rules; i.e. Equity Index futures have different rules than Agricultural futures.

Price limits are re-calculated daily and remain in effect for all trading days (except in certain physically-deliverable markets, where price limits are lifted prior to expiration so that futures prices are not prevented from converging on prices for the underlying commodity).

Equity Indexes futures have a three level expansion: 7%, 13% and 20% to the downside, and a 7% limit up and down in overnight trading.

Follow the links below to the CME Group web site to find more information on price limits generally and specific price limits for the markets you’re trading:

Find daily price limits for CME Group Agricultural, Cryptocurrency, Energy, Equity Index, Interest Rates, and Metals products: click here.

Price Limit

Important Notices: The Week Ahead

By Mark O’Brien, Senior Broker

Tariffs News & FOMC Minutes to Dominate Markets & Volatility

U.S. stocks and many commodities like metals, energies, softs and grains were battered by a sell-off Friday after China retaliated against the United States for President Donald Trump’s tariffs in a tit-for-tat that looks to be escalating a global trade war.

The E-mini Dow Jones futures contract plunged by over 2,150 points this afternoon, ±5.3%. The broader E-mini S&P 500 was 5.9% lower. The E-mini Nasdaq futures contract dropped over 1000 points for the second day / ±5.9% on track to close in a bear market — down more than 20% from its record high in December.

Traders have been looking at the dramatic escalation of a trade war and viewing it as a potential to plunge the U.S. and global economies into recession.

The feeling is that odds of a recession would rise if countries began to retaliate against the United States — and China did so Friday. Retaliation raises the risk of further escalation and could diminish hopes for negotiation.

FED SPEECHES:

Mon. Bostic 12: Fed Governor Adriana Kugler speaks, 9:30 A.M., C.T.
Tues. No scheduled Fed speakers
Wed. Richmond Fed President Tom Barkin speaks, 10:00 A.M.,C.T.
Thu. Kansas City Fed President Jeff Schmid speaks, 9:00 A.M., C.T.
Fed Governor Michelle Bowman testifies to Senate, 9:00 A.M., C.T.
Fri. New York Fed President Williams speaks, 100:00 A.M., C.T.

Economic Data week:

Mon. Consumer Credit, 2:00 P.M., C.T.
Tue. Quiet
Wed. Wholesale Inventories, Minutes of Fed.’s March FOMC meeting
Thur. Consumer Price Index, Initial Jobless Claims
Fri. Producer Price Index

Futures 102: Technical Analysis

Course overview

There are two types of analysis used by traders to inform their trading decisions. Technical analysis and fundamental analysis. In this course, you will learn about the various patterns, indicators, and analysis techniques traders use when studying the price of a commodity.

We will start at the beginning by learning how to read price charts. Then we’ll cover some of the more popular techniques such how to identify trend and reversal patterns, finding support and resistance levels, and various oscillators.

Start FREE Course Now

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Hot Market of the Week

Free Trial Available

bean oil

May Bean Oil

May bean oil accelerated to its third upside PriceCount objective that was consistent with a challenge of the overhead highs. Now, the chart is correcting.

At this point, IF you can break out above the Nov/Feb Peaks and sustain new highs, the low percentage fourth count would project a possible run to 53.68 which is near the original third objective at 53.90.

The convergence of PriceCounts adds to the significance of that target area.

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That’s May Bean Oil!

Brokers Trading System of the Week

Abacus Raider NQ Trading System

Market Sector: Stock Index Futures

Markets Traded: NQ

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $10,000

Developer Fee per contract: $70.00 Monthly Subscription

System Description:

An NQ day trading system currently traded by the developer who has 15+ years’ experience. The system identifies opportunities where there is a high probability of profit over a time frame lasting no longer than a few minutes. Short holding periods reduce risk and drawdown size and require less capital.

The system trades long and short, performs in low or high volatility markets and has no significant correlation to the S&P500 index. It is robust with simple logic and averages 4-5 trades a month with no overnight positions. System is not available in the MNQ market.

Get Started

Learn More

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Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

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.

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Trading Levels for Next Week

Daily Levels for April 7th, 2025

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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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Confident Outlook for First Notice & Last Trading Days: 2 Strategic Exit Dates and a Bullish Setup for Treasury Traders

Posted on April 2, 2025April 14, 2025 by Jenny Collins

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First Notice & Last Trading Day

first notice

Below are the contracts which are entering

First Notice / Last Trading

For April.

Be advised, for contracts that are deliverable, it is requested that all LONG positions be exited two days prior to First Notice and ALL positions be exited the day prior to Last Trading Day.

First Notice & Last Trading Day

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That’s all for

First Notice & Last Trading

Days

June 10 Year Treasury Notes

June 10 year treasury notes satisfied a first upside PriceCount objective last month and spent time consolidating with a sideways trade. Now, the chart is attempting to resume its rally where new sustained highs would project a possible run to the second count in the 113^26 area.

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Daily Levels for April 3rd, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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Cannon Futures Weekly Letter

In Today’s Issue #1242

LIVE, FREE Demo for Futures & Options

The Week Ahead – 16 Fed Speakers, Earnings, Housing, Tariffs, Volatility

Futures 102 – 5 Short Videos to Help Your Trading

Hot Market of the Week – July Coffee

Broker’s Trading System of the Week – Heating Oil Swing Trading System

Free Demo: Live Data, Streaming Charts

Important Notices: The Week Ahead

Volatility!

Futures 102: Short Trading Videos to Improve Your Trading

Hot Market of the Week

July Coffee

The July Coffee failed upside attempt!

Brokers Trading System of the Week

Trading Levels for Next Week

Daily Levels for May 19th, 2025

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Trading Reports for Next Week

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What to Know Before Trading Futures on May 15th

PPI, Key points for tomorrow

Manufacturing Surveys

CannonX Time on the Charts

Daily Levels for May 15th, 2025

Economic Reports

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FOMC Takeaways

FOMC Key Takeaways with Craig of CME Group

Would you like to view daily updates/takeaways and general research?

June Dollar Index

Daily Levels for May 9th 2025

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Economic Reports

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Post FOMC

Post FOMC

by Mark O’Brien, Senior Broker

July Bean Oil

Daily Levels for May 8th, 2025

Economic Reports

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Day Trading Margins; June Mexican Peso

Day Trading Margins

Day Trading Margins

June Mexican Peso

Daily Levels for May 1st, 2025

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Economic Reports

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Bear Market Rally?

June Canadian Dollar updates

A week of impactful earnings reports (2242 globally) as the Bear market rally continues,

by John Thorpe, Senior Broker

Bear Market

Bear Market Updates

That’s a Bear Market for you!

June Canadian Dollar

Daily Levels for April 30th, 2025

Economic Reports

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Get to know zero days to expiration options (0DTE)

0DTE

Maybe it’s time to consider 0DTE options? Same day options?