Voice of The Tomb: Seasonals, Corn, Wheat, & More Crucial, Important Need-To-Knows for Trading Futures on May 14th, 2025

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Voice from the Tomb

Voice from The Tomb, Seasonals & more

by John Thorpe, Senior Broker

Day trade margins are back to normal valuations.

A quiet data day tomorrow.

    Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely. Today’s market swings were largely back to normal (pre tariff talk normal)

I thought the timing would be correct to revisit this sage wisdom from the not-so-distant past since April WASDE was released yesterday.

This 8 ½ x 11, well worn, sheet of paper version has been pinned to the corkboard in my office for decades and is worth a share. Called “Voice from the Tomb”, I have noticed a web page dedicated solely to this Myth or Non-Fiction? Lore or Fact? and his experiences following the execution dates.

It’s interesting to contemplate the prospective impact of following the note left to family members, in light of some of the upcoming dates provided. What follows is simply a brief of the contents, feel free to google search the topic to follow the trader’s experiences, you too may end up saving the primary authors advice.

Voice From the Tomb

This is the legend of a wise grain trader that made a fortune trading “seasonals” in the pits of the Chicago Board of Trade.

“After his wife died, a millionaire grain trader dedicated his life to raising their children. The children were lazy and thought they’d inherit all of their father’s money. He felt that his children were wasteful and believed they took him for granted. When he died, all the money went to charity. All he left them in his will were the following dates of when to buy and sell. The will said that if they strictly followed his advice, they’d have the fortunes they always thought were going to drop in their laps.”

Seasonals, Corn, Wheat

seasonals corn wheat

So what is a “seasonal”? “Seasonality often plays a part in determining prices for commodities in regular cycles throughout the year. Normal increases and decreases in supply and demand for particular commodities seem to occur every year in fairly consistent patterns. Commodity seasonal patterns might appear to be an easy trading strategy for commodities, but seasonal tendencies are just that – tendencies.” Chuck Kowalski

Wheat

  • Sell March Wheat on January 10
  • Buy May and/or July Wheat on February 22
  • Sell July Wheat on May 10
  • Buy December Wheat on July 1
  • Sell December Wheat on September 10
  • Buy March Wheat on November 28

Corn

  • Buy July Corn on March 1
  • Sell July Corn on May 20
  • Buy December Corn on June 25
  • Sell December and March Corn on August 10

Disclaimers:

* Past results are not necessarily indicative of future results. The risk of loss in the futures trading market can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.

** SEASONAL TENDENCIES ARE A COMPOSITE OF SOME OF THE MORE CONSISTENT COMMODITY FUTURES SEASONAL THAT HAVE OCCURRED OVER THE PAST 15 YEARS. THERE ARE USUALLY UNDERLYING FUNDAMENTAL CIRCUMSTANCES THAT OCCUR ANNUALLY THAT TEND TO CAUSE THE FUTURES TRADING MARKETS TO REACT IN A SIMILAR DIRECTIONAL MANNER DURING A CERTAIN CALENDAR PERIOD OF THE YEAR.

EVEN IF A SEASONAL TENDENCY OCCURS IN THE FUTURE, IT MAY NOT RESULT IN A PROFITABLE TRANSACTION AS FEES, AND THE TIMING OF THE ENTRY AND LIQUIDATION MAY IMPACT ON THE RESULTS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT HAS IN THE PAST OR WILL IN THE FUTURE ACHIEVE PROFITS UTILIZING THESE STRATEGIES. NO REPRESENTATION IS BEING MADE THAT PRICE PATTERNS WILL RECUR IN THE FUTURE.

Tomorrow:

Econ Data:  EIA Energy stocks.

FED Speak: Three speakers

Earnings: TenCent, Siemens, Cisco systems, Sony

Tariff news: Anything goes!

S

November Beans

November soybeans are activating upside PriceCount objectives off the April low. The first count projects a potential run to the $10.95 area although the chart will have to contend with the February high first. A trade above the late February reactionary high will formally negate the remaining unmet downside objective.

ebf4a4c6 f339 4bf2 901d 713af0464d2c

Daily Levels for May 14th, 2025

81f4f47c 4e84 47db 94a6 ef1426b23a7f

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.

28ae1ddf f400 4901 82b9 03a497f63f26

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)

fcb094a8 dfd3 490d aa87 6b054e8f18b1

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.

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

9dc1e02e d5f7 4ff4 abf7 1df60775f196

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.

S

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.

73ecc020 47a6 45ae 93fd 242aa08058fa

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 May 9th 2025

332f851e 9380 4512 83f4 0ca9337e446e

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)

8ae5b15c 4faf 4b03 bc21 79185307a5fc

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.

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

Futures Trading Platform Sierra Charts

Sierra Charts is widely regarded as one of the best futures trading platforms available today. Known for its depth, precision, and robust customization, Sierra Chart software is built for traders who value speed, stability, and flexibility in their charting and order execution. Whether you’re a new entrant exploring the world of trading futures or a seasoned institutional trader looking for a powerful toolset, Sierra Charts is designed to meet your needs with professional-grade features.

Try a FREE DEMO!

Cannon Trading Company stands out as the ideal brokerage partner for users of Sierra Charts, offering decades of experience, unmatched client support, and a suite of benefits that enhance every trader’s workflow.

Overview of Sierra Charts

Sierra Chart software is a high-performance, low-latency platform tailored for futures trading. It delivers a comprehensive solution with advanced technical analysis tools, real-time market data, and support for automated trading systems. Developed with an emphasis on efficiency and control, Sierra Charts is not only an institutional trading platform but also accessible to independent traders who demand performance.

Key Advantages:

  • True Tick-by-Tick Data: Allows ultra-accurate historical and real-time charting.
  • Advanced Charting Tools: Hundreds of studies, indicators, and custom scripting options.
  • Order Flow Analysis: DOM, TPO profiles, volume profile, and footprint charts.
  • Low-Latency Execution: Built for speed with server-side bracket orders and direct connections to leading data feeds.
  • Unmatched Customization: From chart styles to keyboard shortcuts, nearly everything is user-configurable.

With support for multiple data providers and brokers, Sierra Charts positions itself as a true institutional trading platform with appeal across the professional spectrum.

10 Expert Tips & Tricks for Sierra Charts Users

  1. Utilize Study Subgraphs for Conditional Alerts
    Create visual and audible alerts when specific study conditions are met. For instance, use moving average crossovers to trigger signals, which is invaluable for trading futures reactively.
  1. Save Chartbooks by Market Segment
    Organize your workspace by separating chartbooks (e.g., one for equity indices, one for energies). This improves load times and keeps your Sierra Chart software streamlined.
  1. Master Global Drawing Tools
    Annotate your charts with precision and have them appear across all charts for the same symbol—critical when trading across timeframes in futures trading.
  1. Use Spreadsheet Systems for Custom Strategies
    Leverage Sierra Charts’ built-in spreadsheet functions to build custom automated strategies without writing code. This is perfect for advanced yet code-averse Sierra Charts users.
  1. Enable Volume-by-Price for Order Flow Insights
    Use this tool to detect high-activity price zones and potential reversal points. Sierra Chart software gives deep insights that are usually reserved for high-end institutional trading platforms.
  1. Customize the Trade DOM for Speed
    Tailor the DOM interface with custom columns, color settings, and quick buttons—vital for scalpers and short-term futures trading strategies.
  1. Utilize Replay Mode for Trade Reviews
    Sierra Charts’ replay mode lets you run past market sessions in real-time speed. This is perfect for backtesting and refining your trading futures skills.
  1. Implement Attached Orders with OCO/OSO Logic
    Use server-side OCO (One Cancels Other) and OSO (Order Sends Order) orders to safeguard your trades with automated stops and targets.
  1. Keyboard Shortcuts for Order Execution
    Set hotkeys for entering/exiting trades to streamline execution—a time-saver during fast markets on this best futures trading platform.
  1. Automate Chart Backups to Prevent Data Loss
    Set up automatic chartbook and settings backups to prevent data loss. With Sierra Charts, your entire trading environment can be recovered with ease.

Try a FREE DEMO!

Why Cannon Trading Company Is the Ideal Sierra Charts Partner

Platform Sierra Charts

Platform Sierra Charts

Cannon Trading Company is uniquely positioned to support Sierra Charts users for several compelling reasons:

Decades of Experience

With over 35 years in the industry, Cannon Trading is one of the most trusted names in futures trading. Their deep expertise ensures clients receive insightful guidance for both platform use and market strategies.

Stellar Reputation

The firm boasts a near-perfect TrustPilot rating, with many reviews applauding its fast support and knowledgeable brokers—ideal for trading futures confidently.

Regulatory Excellence

Cannon Trading has maintained an exemplary record with regulators, giving traders peace of mind that they are working with a reliable and transparent partner.

Diverse Platform Suite

In addition to Sierra Chart software, Cannon Trading provides access to a top-tier selection of platforms including CTS T4, Firetip, Rithmic, and more—cementing its reputation as a leader in best futures trading platform solutions.

Try a FREE DEMO!

Whether you’re a short-term scalper or a long-term trend trader, Sierra Charts delivers a versatile, robust, and high-performance experience that meets the demands of modern futures trading. When paired with the trusted, experienced team at Cannon Trading Company, you gain not only the tools but also the support to take your trading futures journey to the next level.

From institutional-grade features to tailored service, the synergy between Sierra Chart software and Cannon Trading is unmatched in the industry.

For more information, click here.

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (310)859-9572 (International), or email info@cannontrading.com to speak with one of our experienced, Series-3 licensed futures brokers and begin your futures trading journey with Cannon Trading Company today.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. Past performance is not indicative of future results. Carefully consider if trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this article are opinions only and do not guarantee any profits. This article is for educational purposes. Past performances are not necessarily indicative of future results.

This article has been generated with the help of AI Technology and modified for accuracy and compliance.

Follow us on all socials: @cannontrading

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

9dc1e02e d5f7 4ff4 abf7 1df60775f196

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!

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.

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!

S
f77d8652 c7e7 4e3c b179 0e3f6eeda49d

Daily Levels for April 23rd, 2025

db0c00fe 3f5f 4603 a4ef 4185035df492

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)

97365b02 9c3e 4a16 b556 81778f1b1870

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

Futures Trading

In a world that never stops shifting, futures trading has remained a core pillar of modern financial markets. With increased geopolitical uncertainties, ongoing economic upheavals, and recent shifts in U.S. trade policy, professional traders have turned to sophisticated strategies to adapt, survive, and thrive.

At the heart of these strategies is the use of futures contracts, leveraged financial instruments that allow traders to speculate on the direction of prices for commodities, currencies, indices, and interest rates. Today’s article not only highlights 10 expert trading techniques used during market volatility but also explains how your futures broker plays a critical role in facilitating these trades while managing risk. Special attention is given to the ripple effects of tariffs imposed by President Donald Trump and their lingering influence on futures markets. Finally, we’ll spotlight Cannon Trading Company, one of the best futures brokers in the business, exploring how it has built and maintained its impressive legacy.

  1. Trend Following with Adaptive Moving Averages
    Technique Overview: Trend following involves identifying and riding the direction of market trends. By using adaptive moving averages like the Kaufman Adaptive Moving Average (KAMA), traders can smooth out noise and act only when significant movements occur.Risk Assessment: Medium risk. This technique can perform poorly in sideways markets, leading to false signals.Broker Facilitation: Your futures broker can provide robust charting tools, backtesting environments, and automated trade execution to support this strategy.
  1. Contrarian Trading Based on Sentiment Indicators
    Technique Overview: Contrarian traders go against prevailing market sentiment when it reaches extremes. Tools like the Commitment of Traders (COT) report help gauge market positioning.Risk Assessment: High risk. Being early can mean substantial drawdowns before reversal.Broker Facilitation: Access to real-time sentiment data and professional market insights is crucial—services Cannon Trading Company offers in abundance.
  1. Spread Trading (Inter-Commodity and Intra-Commodity)
    Technique Overview: This strategy involves buying one contract and selling another to profit from the price difference between related instruments.Risk Assessment: Low to medium risk. Spreads tend to be more stable than outright positions.Broker Facilitation: Cannon’s platforms allow advanced spread execution and margin efficiencies that are essential for this method.
  1. Volatility Breakout Systems
    Technique Overview: This method capitalizes on price breakouts following periods of low volatility. Traders use tools like Bollinger Bands to set breakout triggers.Risk Assessment: Medium to high risk. False breakouts can occur in choppy markets.Broker Facilitation: Fast, reliable execution and customizable alerts are key services provided by top futures brokers like Cannon.
  1. Seasonal Pattern Recognition
    Technique Overview: Certain markets, like agriculture and energy, follow predictable seasonal patterns. Professional traders use historical data to anticipate moves.Risk Assessment: Medium risk. Weather and political developments can override seasonal trends.
  1. Hedging with Index Futures
    Technique Overview: Institutional and retail traders use index futures to hedge their portfolios during turbulent periods.Risk Assessment: Low risk if used correctly. Misjudging beta correlations can reduce hedge effectiveness.Broker Facilitation: Cannon Trading Company offers personalized broker consultations to calculate hedge ratios and recommend appropriate instruments.
  1. Event-Driven Futures Trading
    Technique Overview: Traders capitalize on events like interest rate decisions, employment reports, and geopolitical crises.Risk Assessment: High risk due to the unpredictability of outcomes and market reactions.Broker Facilitation: Speed, expert commentary, and real-time news feeds are services only elite futures trading firms provide.
  1. Quantitative Algorithmic Strategies
    Technique Overview: These involve using mathematical models to generate trading signals. Common models include mean reversion, arbitrage, and momentum-based strategies.Risk Assessment: Varies depending on model complexity. High for poorly tested models.Broker Facilitation: Cannon supports various platforms ideal for algorithmic trading futures, such as MultiCharts and SierraChart.
  1. Using Options on Futures for Risk Management
    Technique Overview: Options offer a way to control risk with predefined loss levels while maintaining upside potential.Risk Assessment: Low to medium, depending on the strategy (e.g., straddles, strangles, vertical spreads).Broker Facilitation: Experienced brokers like those at Cannon can tailor options strategies to the trader’s risk profile.
  1. Micro Futures for Scalping
    Technique Overview: Micro futures allow for smaller trade sizes, ideal for scalping strategies that require frequent entries and exits.Risk Assessment: Low risk per trade, but potentially high due to cumulative effects of frequent trading.Broker Facilitation: Low commissions and fast execution—standard offerings at Cannon—are crucial for scalpers.

Tariffs and the Futures Markets: The Trump Effect

The tariffs President Trump’s administration imposed—especially on steel, aluminum, and Chinese goods—continue to affect futures markets today. These policies have reshaped global supply chains and introduced lasting price distortions in key commodities like soybeans, crude oil, and industrial metals.

Lingering Impacts Include:

  • Increased volatility in agriculture futures due to disrupted export channels.
  • Supply bottlenecks in metals, inflating futures prices.
  • Continued geopolitical risk premiums priced into energy markets.

As a result, professional futures trading strategies must now incorporate macroeconomic forecasting and geopolitical analysis to remain effective.

Why Cannon Trading Company is Among the Best Futures Brokers

For more than three decades, Cannon Trading Company has been synonymous with excellence in futures trading. Here’s why traders—from beginners to professionals—consider it among the best futures brokers in the industry:

Unparalleled Customer Service

No automated voice systems. At Cannon, real brokers—many with over 20 years of experience—are a call away. This direct human connection ensures that your trades and concerns receive immediate attention.

Wide Array of Free Trading Platforms

Whether you prefer technical analysis, fast execution, or automated strategies, Cannon offers FREE access to leading platforms like:

  • SierraChart
  • MultiCharts
  • TradingView
  • CQG
  • TT (Trading Technologies)

These platforms empower futures traders with speed, precision, and customization.

Trust and Transparency

Boasting numerous 5-star reviews on TrustPilot, Cannon Trading is recognized for its ethical practices and reliability. With a clean regulatory track record and transparent fee structures, clients know they’re in safe hands.

Legacy and Stability

Founded in 1988, Cannon has weathered every market storm from the dot-com bubble to the COVID-19 pandemic. Its endurance is a testament to strong leadership, financial prudence, and client-centric philosophy.

Global Market Access

From grains to cryptocurrencies, Cannon supports trading across a broad spectrum of futures contracts, offering both diversity and specialization.

Regulatory Excellence

Cannon maintains stellar standing with industry regulators such as the NFA and CFTC. This instills trust and peace of mind for clients around the globe.

The Road Ahead

In volatile markets, survival depends on precision, discipline, and the right partnerships. Advanced trading techniques are only as good as the tools and guidance behind them. A seasoned futures broker not only facilitates trades but also acts as a strategic ally.

In this ever-evolving landscape, trading futures remains both a science and an art. And with Cannon Trading Company by your side, you gain not just a service provider, but a legacy partner committed to your success.

For more information, click here.

Ready to start trading futures? Call us at1(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

July Corn, 3 Powerful Insights from Corn’s Easter Rally: What Traders Need to Know Now

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Markets are Closed Tomorrow!

Markets are closed tomorrow!! July Corn!

Trading Corn Futures

See Good Friday Schedule below.

S

Good Friday Modified Trading Schedule

This coming Friday, April 18th is Good Friday.

Please see below the modified trading schedule for Good Friday and Easter for CME and ICE exchanges

For the full schedule and details: click here.

b74b2ac0 386c 40d5 9667 eaf8476070ac

July Corn

00242896 171b 4248 a2d1 2d957e8750d7


July corn rallied to its second upside PriceCount objective off the spring low and the chart is correcting its overbought posture. At this point, IF the chart can resume its rally into new sustained highs, the third count would project a possible run to the $5.20 area which is consistent with the February high and the original second count off the contract low.

Corn

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 21st, 2025

755651cf 0ad9 43b6 997c 6426aa524f44

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)

e1947f77 17a7 499f 9411 00382cf562b6

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

 

Nasdaq, Mini Dow, Mini S&P: Avoid These 4 Costly Mistakes in a $10,545 Nasdaq Whipsaw

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Buckle your Seatbelts; Equities, Commodities Turbulence continues

By John Thorpe, Senior Broker

Nasdaq

nasdaq

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.

Market volatility is here to stay for the foreseeable future

Mini – Nasdaq

Choose your opportunities wisely.

Federal Reserve Chairman Powell: still uncertain what the administration’s new trade policies will be, and that can cause “huge” issue for manufactures input prices affected by tariffs.

Mini Dow’s range today? 1080 points $value? = $5400.00 from hi to lo

Mini S & P’s range today? 169.00 points $ Value? = $8450.00 from hi to lo

Mini Nasdaq’s range today? 527.25 points $value? = $10545.00 from hi to lo

How gold is your portfolio?

All-time highs in the yellow metal today. 3358.4 per troy ounce currently trading @ 3355.5.00 + over $110.00 per oz. We offer all exchange traded contract sizes, from 1 oz to 100 ounces.

Tomorrow:

Econ Data:  Bldg Permits, Housing Starts, Initial Jobless claims, Philly Fed, EIA Nat Gas.

FED Speak: Barr

Earnings: Netflix United Healthcare, Amex.

Tariff news: Anything goes!

S

Good Friday Modified Trading Schedule

This coming Friday, April 18th is Good Friday.

Please see below the modified trading schedule for Good Friday and Easter for CME and ICE exchanges

For the full schedule and details: click here.

b74b2ac0 386c 40d5 9667 eaf8476070ac

Daily Levels for April 17th, 2025
ec242a34 e5e0 49ed 9482 b689ef0a635f

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)

a73ae84d 9f0a 4db8 8aa2 8be4008df2b8

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

Zero-Day Options: 6 Strong Advantages Over Traditional Day Trading

9dc1e02e d5f7 4ff4 abf7 1df60775f196

0DTE Options

Options 3

By Mark O’Brien, Senior Broker

Options

Zero-day options are normal options — puts and calls — that expire in less than one day, hence the “0DTE” nickname (short for “zero days to expiration”).

In the current high-volatility environment we’re experiencing – one very likely to last awhile – one of the better alternatives to day trading, particularly in stock index futures like the E-mini S&P 500, E-mini Nasdaq, etc., is buying short-term call and put options.

With expirations every day of the week, stock index futures options can be purchased with minimal overall time value and give you a maximum risk coupled with a limitless upside potential.

Especially with markets seemingly hair-triggered to make large daily moves, but with erratic action intraday, the purchase of a limited-risk option provides staying power that no amount of rapid in-and-out trading trying to catch a large move can outperform.

Daily Levels for April 11th, 2025

4d3a3ec5 b93b 4cde 8cc8 c56e7de2006f

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)

9d0da384 b589 4ed8 ae21 38be56394d51

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

In times of Volatility, Avoid These 7 Costly Mistakes During 3000+ Point Dow Jones Days

9dc1e02e d5f7 4ff4 abf7 1df60775f196

Extreme Volatility + CPI Tomorrow

volatile

By Mark O’Brien, Senior Broker

Dow Jones & other indices

Dow Jones

As of this typing stock index futures and other futures contracts have experienced single-day range moves not seen in years and after being down, finished up:

→ E-mini Dow Jones: UP +3044 points / 8.4%

→ E-mini S&P 500: UP +480 points / 9.5%

→ E-mini Nasdaq: UP +2038 points / 11.71%

→ Crude Oil: UP +320 points / 5.2%

Volatility is skyrocketing.

This is a completely different environment of extreme trading volatility than what we were trading in 3-4 weeks ago. Markets are evolving and you must adapt your trading to changing market conditions.

This is where you find out what kind of risk taker you are; brash, overbold, unheeding, or prudent, attentive, discriminating. Everyone possesses these traits – and they influence our decision-making differently in different situations.

In trading, if the historical price moves you’re seeing bring out the daredevil in you, plan to watch your trade results all over the place: up and down more than your everyday swings with the odds increasing your account will hit a wall.

Instead, incorporate patience and prudence. Start your trading by setting daily profit targets and daily loss limits and stick to them. Do that for each trade. These days, be aware of LIMIT moves and understand what happens when the market halts at limit levels.

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

June Dollar Index

The June dollar has had a short term correction after extending its break to the third downside PriceCount objective. IF the chart can resume its slide with new sustained lows, it would have the contract low to contend with before a possible run to the low percentage fourth count to the 98.85 area.

c311af40 0155 418d b948 790ec784ea75

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 10th, 2025
e90500ff a7b4 4ca5 9042 d8fef46c9c57

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)

7c278a58 910b 4078 8d82 170340f55d07

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 Key Price Limit Insights That Help Navigate May Bean Oil Volatility

7cfe5b36 db9f 4933 824a 7f264613e7fe

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

3c2845af fbc7 4388 ad6a e3688a8cc925

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

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.

59cf96e2 a30d 484c a83c 83aa6d9ee8ba

That’s May Bean Oil!

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 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

efbcc397 7787 4023 884d 2c19783fb925

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 April 7th, 2025

07661c52 0b05 47f3 8db3 a10e02c2003a

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

669230d5 0860 4679 9d40 097d654b4839

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