A plural of indexes, indices is a term often used in the markets. There are different indexes or indices in the markets and these don’t always move up or down in coordination. Indexed moving in tandem would create redundancy meaning that we don’t need more than one of them.
The Dow and the S&P500 are two extremely noteworthy as well as popular indices. While a change in the Dow indicated that the expectations of the investors have changed with regard to the risks and earnings of large companies, the S&P500 features 500 of the most highly traded stocks in the U.S.
Each index is different from another and each one behaves differently. You won’t find any one index that has continued to look the same over the years. Moreover, every index depicts a different thing. You can gain a deeper understanding into the world of indices.
We at Cannon Trading help you by providing the latest information on indices and their market performance. You can read it all here under one archive tagged as Indices. Read and be informed.
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provided by: ForexFactory.com
All times are Eastern Time (New York)
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Below are the contracts which are entering
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.
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.
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.
provided by: ForexFactory.com
All times are Eastern Time (New York)
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Tomorrow should be another volatile day!
With Trump speaking, Fed speaker, ADP weekly claims and crude oil inventories – we suspect the current volatility will continue.
On a different note – MICRO GRAINS are available
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.
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.
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.
provided by: ForexFactory.com
All times are Eastern Time (New York)
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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.
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.
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
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!
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.
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.
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.
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.
provided by: ForexFactory.com
All times are Eastern Time (New York)
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7 Shocking Pitfalls of Ignoring Class 3 Milk Futures in Your Trading Strategy
In the dynamic and multifaceted world of commodities trading, class 3 milk futures stand out as a unique and critical financial instrument. Designed primarily for dairy producers, processors, and traders, these futures contracts are integral to hedging against price volatility in the dairy market. As the global dairy industry evolves with increasing complexity, understanding the nuances of class 3 milk futures becomes imperative for traders, commodity brokers, and institutional investors. This paper explores the foundational aspects of class 3 milk futures, distinguishes them from other dairy-related futures, provides projections for the next three trimesters of 2025, and examines why Cannon Trading Company and its state-of-the-art platform, CannonX, are leading choices for futures trading.
Class 3 milk futures are standardized financial contracts traded on the Chicago Mercantile Exchange (CME) that represent 200,000 pounds of milk, priced per hundredweight (cwt). These contracts are primarily utilized to hedge and speculate on the price movements of milk used in the production of cheese, which is why they are directly influenced by the supply and demand for cheese in the United States.
Milk is categorized into different classes based on its end-use. Class 3 milk pertains specifically to milk used in the manufacturing of hard cheeses such as cheddar. The price of class 3 milk is influenced by several factors including cheese prices, butterfat content, and protein values. Traders engaging in class 3 milk futures are essentially betting on the fluctuations of these key components within the dairy market.
The term “class 3” in futures contracts denotes the categorization established by the U.S. Department of Agriculture (USDA) under the Federal Milk Marketing Orders (FMMO). Milk is classified into four main categories:
Class 3 milk is particularly volatile due to the fluctuating demand and supply conditions in the cheese market. The futures contracts based on this class enable participants to manage risk associated with such volatility effectively.
Class 3 milk futures differ from other dairy futures contracts such as class 4 milk futures, nonfat dry milk futures, and butter futures in several key ways:
Historically, class 3 milk futures have demonstrated notable price swings tied closely to macroeconomic indicators and agricultural policies. Over the past decade, prices have fluctuated between lows of around $12/cwt to highs exceeding $24/cwt. This variability often correlates with shifts in feed costs, weather patterns, and international dairy demand.
The COVID-19 pandemic further exposed the volatility inherent in dairy markets. Disruptions in supply chains, changes in consumer behavior, and export inconsistencies led to sharp price adjustments. These historical lessons underscore the critical role class 3 milk futures play in providing price certainty and risk mitigation in commodities trading.
The global market exerts considerable influence on class 3 milk futures. Key international developments—such as EU dairy subsidies, New Zealand milk production, and Chinese import policies—can ripple through U.S. markets.
Managing risk is essential in futures trading, and class 3 milk futures offer an efficient tool for this purpose. Dairy producers use these contracts to lock in prices, securing future revenue and planning capital expenditures more accurately. Processors and distributors also hedge to stabilize their input costs.
Strategies commonly employed include:
These strategies allow participants to insulate themselves from adverse price movements, turning volatility into opportunity.
Seasonal trends suggest an increase in class 3 milk futures prices during the early months of the year due to winter production slowdowns and elevated holiday cheese demand. Weather conditions affecting feed quality may also contribute to reduced milk output, tightening supply.
Spring flush traditionally brings increased milk production, which could result in lower class 3 prices. However, if export demand for cheese rises, it may mitigate some downward pressure. Futures traders should monitor USDA reports and global cheese market dynamics during this period.
The lead-up to the holiday season often sees increased cheese demand, leading to higher class 3 milk prices. In 2025, with anticipated growth in foodservice and retail sectors, this trend may be more pronounced, presenting a bullish outlook for class 3 milk futures contracts.
Cannon Trading Company has cemented its reputation as a premier commodity broker through decades of exemplary service, advanced technology, and a client-first approach. Particularly for those involved in trading futures like class 3 milk futures, CannonX—the firm’s proprietary platform—offers unmatched capabilities.
As the commodities trading landscape continues to evolve, class 3 milk futures remain a vital tool for hedging and speculation in the dairy sector. Understanding their unique attributes, market dynamics, and forecasted trends for 2025 is crucial for effective trading. Cannon Trading Company, with its robust platform CannonX, emerges as a superior choice for both novice and seasoned traders. From expert brokers just a call away to unparalleled customer satisfaction and regulatory trust, Cannon sets the benchmark in futures trading.
In an increasingly complex market, success in commodities trading depends not only on knowledge and timing but also on the right platform and support system. For anyone looking to succeed in class 3 milk futures, Cannon Trading Company offers not just a trading platform, but a strategic partnership.
For more information, click here.
Ready to start trading futures? Call us at 1(800)454-9572 – Int’l (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(Instagram)
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.
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?
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%
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All times are Eastern Time (New York)
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Highlights in this issue include:
1-Ounce Gold futures see strong start: ADV reached 8,144 contracts in February.
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It was only three weeks ago that the March E-mini Standard and Poor 500 futures contract hit an all-time high. Markets have been dealt a blow by growth and recession fears, the unpredictability of trade policy, and risks to sector-wide investment and spending.
Whether it’s a good buying opportunity or another growl towards a bear market is still up for debate, the Standard and Poor 500 index futures contract fell into correction territory yesterday, registering a decline of 10% in the span of less than a month. While the Standard and Poor 500 futures contract trimmed some of the losses, big questions are still swirling over what lies ahead. The Trump administration is attempting to engineer a long-term structural change to the U.S. economy. The reality of that goal is hotly debated, but it is no doubt taking a toll on the short-term animal spirits that enveloped the market since November.
Here’s a 10-point checklist that will determine the market’s future trajectory:
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All times are Eastern Time (New York)
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Market volatility is here to stay for the foreseeable future
Choose your opportunities wisely.
Updated: March 11, 2025, 12:20 pm
US February consumer price index (CPI) data is forecast by analysts up +0.3% month-to-month, which compares to the previous month’s +0.5%. Core CPI on monthly terms is expected +0.3% in February compared to the prior month’s +0.4%. The data will be released at 7:30 am CT Wednesday morning. CPI on annualized terms is forecast up +2.9% from the year ago month, the core year-over-year figure is expected up +3.2%.
EIA Weekly Petroleum Stocks Estimates for Wednesday, March 12 at 9:30 AM CT
in million barrels per day (mln bpd)
Tomorrow:
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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.
The May – July soybean spread accelerated with a gap higher where it completed its second upside PriceCount objective off the February low. The chart is correcting and closed the gap. IF you can resume the rally with new sustained highs, the third count would project a possible run to the -9 area, which would be consistent with a challenge of the January spike reversal.
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.
With algorithmic trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker’s choice for this month.
The NZL automated trading system utilizes two main ALGOS in an attempt to identify either an early trend in the trading day and/or high percentage counter trend set ups.
The system is fully automated and runs between the hours of 4 AM central and 3:15 PM Central.
The model relies on volume charts rather than time charts.
PRODUCT
Mini SP500
SYSTEM TYPE
Day Trading
Recommended Cannon Trading Starting Capital
$36,000
COST
USD 199 / monthly
The performance shown above is hypothetical in that the chart represents returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real‐time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on back adjusted data. Please read full disclaimer HERE.
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www.mrci.com
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