Add price confirmation workflow for signal-based intraday trading PLUS: June Treasury Bonds, CannonEdge Snapshot, Pre-Market Briefing TEXT AND PODCAST, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on May 6th, 2026

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At A Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— June (#GC)

4487.17 4526.43 4561.97 4601.23 4636.77

Silver (SI)

— July. (#SI)

71.74 72.52 73.58 74.36 75.42

Crude Oil (CL)

— June. (#CL)

98.71 100.73 103.11 105.13 107.51

 June Bonds (ZB)

— June. (#ZB)

111 29/32 112 9/32 112 18/32 112 30/32 113 7/32

Add price confirmation workflow for signal-based intraday trading

intraday

Overview

  • Introduces a price confirmation concept for intraday/day trading workflows so signals are not acted on immediately.
  • The core behavior is to wait for the market to respect the signal before entering:
  • For a sell signal, confirm by breaking below the previous bar low.
  • For a buy signal, confirm by breaking above the previous bar high.
  • Helps filter out weak or premature signals and encourages more patient trade selection.
  • Demonstrates how the signal indicator can be paired with additional visual context, including:
  • Color Bars turning red/blue/black to help identify trend continuation or weakening momentum.
  • Trailing-stop management once the trend begins to fade or reverse.
  • Reinforces that the trader still needs to manage:
    • position size
    • stops
    • targets
    • trade exits
  • Includes a practical example on a 10-minute Nasdaq futures chart showing both a failed signal without confirmation and a successful trade after confirmation.

Assumptions

  • The PR is intended to document or implement the trading rule described in the Loom rather than change exchange/order-routing logic.
  • Signal generation already exists; this change adds a confirmation step before a trade is considered valid.
  • The previous bar high/low is the intended confirmation reference for both long and short setups.
  • Color Bars are used as a discretionary visual aid and not as a hard entry/exit requirement.
  • This workflow is meant for educational or discretionary trading use and does not guarantee profitability.

Watch Video below and sign up for a free trial HERE

Price Confirmation
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June 10 Year Treasury Bonds

The June 10 Year Treasury Bonds corrected after completing the first downside PriceCount objective in March. Now, the chart is threatening to break down where new sustained lows would project a possible run to the second count to the 108^22 area.

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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.

Cannon Edge — Your Daily Futures Snapshot for May 6th

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Daily Levels for May 6th, 2026

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Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Technical Analysis Weekly Market Update PLUS: CannonEdge Snapshot, Pre-Market Briefing TEXT & PODCAST, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on May 5th, 2026

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At A Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— June (#GC)

4421.47 4473.33 4561.97 4613.83 4702.47

Silver (SI)

— July. (#SI)

70.17 71.67 74.10 75.60 78.03

Crude Oil (CL)

— June. (#CL)

95.59 100.43 103.94 108.78 112.29

 June Bonds (ZB)

— June. (#ZB)

111 4/32 111 22/32 112 19/32 113 5/32 114 2/32

Technical Analysis Weekly Market Update

By Eli Levy, Senior Analyst

Market

Jeff DeGraff of Renaissance Macro had what I think was the cleanest framing of where this market sits as we close out April: we’re still dancing, but we’re staying in close proximity to the door. The tape is the dominant factor, and the tape is moving in the right direction — that keeps DeGraff constructive.

But RenMac’s market cycle clock is sitting in what has historically been the worst zone for forward S&P 500 returns, and his bubble indicator on semiconductors is still flashing. He also reminded viewers that when an index doubles within a two-year window, there’s a very high probability of a 30%+ correction in the following six months.

S&P 500/Nasdaq

The rest of the week was, frankly, euphoric — April was the best month for the S&P 500 since November 2020, the Nasdaq 100 had its best month since October 2002, and the Nasdaq Composite had its best April on record. We’ve rallied roughly 14% off the late-March lows, driven by the part of the story you actually want driving it: earnings.

Q1 Growth

Q1 EPS growth is tracking at 28.8% versus a 14% expectation — better than a double. Of the 315 S&P names reported, 72% beat top line, 81% beat bottom line, revenue growth at 11.2%, tech earnings growth in the 40s. The hyperscaler CapEx number — roughly $700 billion for the year — was confirmed and extended into 2027.

SOX

SOX printed a fresh all-time high; IGV is now Tom Lee’s top software pick. But the median S&P constituent is still 13% below its 52-week high; chip space monthly moves were parabolic (Intel +114%, Astera +78%, AMD +74%); SPX is sitting ~5.5% above its 50-DMA. Don’t fight the tape. But stay close to the door.

See review of many charts from different segments along with key levels to watch and market direction HERE.

How to Place a Trailing Stop on CannonX
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Cannon Edge — Your Daily Futures Snapshot for May 5th

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Daily Levels for May 5th, 2026

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Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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NFP & Middle East, First Notice & Last Trading Days for May 2026, Video Trading Tip of the Week, Futures 102 – New, Exciting Tools for Cannon’s Clients! Feeder Cattle Chart & Outlook, Cannon Edge Snapshot, Levels, Reports; Your Important Can’t-Miss Need-To-Knows for Trading Futures the Week of May 4th, 2026

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Cannon Futures Weekly Letter

In Today’s Issue #1288

  • The Week Ahead – NFP & Middle East

  • First Notice & Last Trading Days for May 2026

  • Video Trading Tip of the Week

  • Futures 102 – New, Exciting Tools for Cannon’s Clients!

  • Feeder Cattle Chart & Outlook

  • Cannon Edge – Your Futures trading Map for the week ahead!

  • Trading Levels for Next Week
  • Trading Reports for Next Week

At A Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— June (#GC)

4518.43 4569.87 4621.43 4672.87 4724.43

Silver (SI)

— July. (#SI)

71.53 73.71 75.62 77.80 79.71

Crude Oil (CL)

— June. (#CL)

95.36 98.76 102.71 106.11 110.06

 June Bonds (ZB)

— June. (#ZB)

112 10/32 112 23/32 113 4/32 113 17/32 113 30/32

What Futures Traders Should Watch This Week – NFP, Middle East

By John Thorpe, Senior Broker

nfp

Non-Farm Payrolls (NFP) Friday!

There is an oft heard adage this time of year. “Sell in May and go Away”

This reference to stocks may be outdated to avoid historically lower returns and volatility during the summer, returning in November. While based on long-term data (1945–2026) showing weaker performance in the May–October period, it is considered outdated as stocks often still rise during these months. In the age of AI-driven markets and global investing, this strategy is less relevant. For instance, in the last decade, the May–October period has seen a more robust 7% rise.

Risks of Timing:

Investors who sell in May risk missing out on significant gains, as markets have recorded positive summer returns in 38 of the last 50 years.

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

The markets are swirling in the uncertainty of a lack of resolution in the attempted unwinding of the Iranian nuclear program.

UAE Exits OPEC May 1st

The United Arab Emirates, effective May 1st, will no longer be an OPEC member. This is important to understand the ramifications for Crude oil and the pressing realignment under foot in the middle east and the world. Here is a fine article discussing some of the ramifications of this decision by the Emiratis. “a long time coming” How to understand the UAE’s decision to leave OPEC

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

Of note next week NFP with a few key economic data points to watch. Earnings this week continues, setting up for a very interesting picture for our stock indices. Plan your trade and trade your plan!

Earnings Next Week:

·        Mon. Berkshire Hathaway, Palantir, Diamondback Energy, Tyson Foods

·        Tue. HSBC Holdings, Advanced Micro Devices, Pfizer, Duke Energy, KKR

·        Wed. Disney, Uber, Marriott, CVS, Doordash, Johnson Controls

·        Thu. McDonalds, Gilead Sciences, Monster Bev, AirBnB, Motorola

·        Fri.   Quiet

FED SPEECHES: (all times CDT)

·        Mon.  11:50 am Williams

·        Tues.   11:30 am Barr

·        Wed. 12:00 Goolsbee, 12:30 pm Hammack

·        Thu.  2:30 Williams

·        Fri.   4:45 am Cook, 6:30 pm Bowman, Daly, Goolsbee and Waller

Econ Data:

·        Mon. Building Permits,

·        Tue.  Balance of Trade, Redbook, ISM Services. PMI, JOLTS, New home sales

·        ADP Weekly, API Crude Stock Change

·        Wed. ADP Employment Change, Treasury Refunding, EIA Crude stocks

·        Thu.   Initial Jobless claims, Used Car, Construction spending, Nat Gas Stocks, consumer credit change

·        Fri. NON-FARM PAYROLLS, Michigan consumer sentiment, Baker Hughs Oil Rig Count

FN & LT for May – First Notice & Last Trading Days

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Add price confirmation workflow for signal-based intraday trading – watch video below

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Futures 102: The Daily Briefing by Cannon

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

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

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

From the morning calls at Goldman Sachs and JPMorgan, to the independent macro voices moving markets, to the reporters who break desk leaks first — it’s all here, every day, in plain language.

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

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

August Feeder Cattle

August feeder cattle are challenging the April high and threatening to resume the rally. New sustained highs would project a run to the second upside PriceCount objective to the 386.62 area.

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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.

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

Highly recommended for HEDGERS!

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Cannon Edge — Your Daily Futures Insight for the Next Trading Day! Cannon Edge for May 4th 2026

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Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

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

Daily Levels for May 4th, 2026

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Would you like to receive daily support & resistance levels?

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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Add price confirmation workflow for signal-based intraday trading WITH VIDEO PLUS: June Crude Oil, CannonEdge Snapshot, Pre-Market Briefing WITH PODCAST, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on May 1st, 2026

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At A Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— June (#GC)

4504.90 4567.00 4612.90 4675.00 4720.90

Silver (SI)

— July. (#SI)

70.64 72.39 73.39 75.14 76.14

Crude Oil (CL)

— June. (#CL)

99.00 102.26 106.59 109.85 114.18

 June Bonds (ZB)

— June. (#ZB)

112 2/32 112 16/32 112 26/32 113 8/32 113 18/32

Add price confirmation workflow for signal-based intraday trading

intraday trading

Overview

  • Introduces a price confirmation concept for intraday/day trading workflows so signals are not acted on immediately.
  • The core behavior is to wait for the market to respect the signal before entering:
  • For a sell signal, confirm by breaking below the previous bar low.
  • For a buy signal, confirm by breaking above the previous bar high.
  • Helps filter out weak or premature signals and encourages more patient trade selection.
  • Demonstrates how the signal indicator can be paired with additional visual context, including:
  • Color Bars turning red/blue/black to help identify trend continuation or weakening momentum.
  • Trailing-stop management once the trend begins to fade or reverse.
  • Reinforces that the trader still needs to manage:
  • position size
  • stops
  • targets
  • trade exits
  • Includes a practical example on a 10-minute Nasdaq futures chart showing both a failed signal without confirmation and a successful trade after confirmation.

Assumptions

  • The PR is intended to document or implement the trading rule described in the Loom rather than change exchange/order-routing logic.
  • Signal generation already exists; this change adds a confirmation step before a trade is considered valid.
  • The previous bar high/low is the intended confirmation reference for both long and short setups.
  • Color Bars are used as a discretionary visual aid and not as a hard entry/exit requirement.
  • This workflow is meant for educational or discretionary trading use and does not guarantee profitability.

Watch Video below and sign up for a free trial HERE

Price Confirmation
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June Crude Oil

June Crude Oil has resumed its rally into a new high. If the chart can sustain further strength, the low percentage fourth upside PriceCount objective would project a possible run to the $121 area.

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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.

Cannon Edge — Your Daily Futures Snapshot for May 1st

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Daily Levels for May 1st, 2026

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Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Trading (or not on FOMC days) PLUS: Pre-Market Briefing PODCAST, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on April 29th, 2026

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At A Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— June (#GC)

4642.40 4668.20 4707.00 4732.80 4771.60

Silver (SI)

— May. (#SI)

74.08 75.02 76.06 77.01 78.05

Crude Oil (CL)

— June. (#CL)

93.14 94.77 96.22 97.85 99.30

 June Bonds (ZB)

— June. (#ZB)

113 7/32 113 15/32 113 24/32 114 114 9/32

Trading (or not on FOMC days)

trading

On FOMC days, futures day traders should think less about predicting the announcement and more about protecting their capital and emotional bandwidth. Liquidity often thins out ahead of the release, which means even “normal” setups can behave erratically, so it’s usually wise to reduce size, avoid initiating new positions right before the statement, and stay away from revenge trades if the first move fakes you out.

The real edge comes from preparation: mark key levels, know your max loss for the day, and be ready for spreads to widen and volatility to spike. After the announcement, let the first wave of algorithmic whipsaws pass before stepping in — patience often pays more than bravado.

And above all, don’t treat FOMC like a lottery ticket; treat it like a risk event that rewards discipline, not prediction.

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Cannon Edge — Your Daily Futures Snapshot for April 29th

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Daily Levels for April 29th, 2026

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Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Crude Oil Prices going into Good Friday PLUS: CannonEdge Snapshot, QT Market Update on Crude Oil, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on April 3rd, 2026

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At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— June (#GC)

4454.33 4573.77 4699.83 4819.27 4945.33

Silver (SI)

— May. (#SI)

66.42 69.60 72.79 75.97 79.17

Crude Oil (CL)

— May. (#CL)

91.25 101.47 107.72 117.94 124.19

 June Bonds (ZB)

— June. (#ZB)

112 7/32 113 4/32 113 21/32 114 18/32 115 3/32

Good Friday Modified Schedule

Crude Oil

crude oil

With markets heading into the long Good Friday weekend, traders should be prepared for abbreviated trading hours this Friday, April 3rd, as U.S. futures will observe an early close. Despite the holiday, volatility risk remains elevated: we’ll still receive the monthly Jobs Report, and the market is watching the geopolitical war‑related deadline closely.

The combination of reduced liquidity, event‑driven uncertainty, and shortened hours means price action can be sharper than usual. As always, plan positions accordingly and stay mindful of thinner order books heading into the close.

See the modified trading hours HERE

Please be advised of the adjusted market hours and Treasury processing procedures for Friday, April 3, 2026 (Good Friday), in conjunction with the Bureau of Labor Statistics (BLS) Employment Situation Report for March 2026, which is scheduled for release at 7:30 a.m. CT.

Market Hours – Friday, April 3, 2026

CME Indices

  • Close at 8:15 a.m. CT

CME Currencies

  • Close at 10:15 a.m. CT

CBOT Interest Rates

  • Close at 10:15 a.m. CT

CME Cryptocurrencies

  • Close at 10:15 a.m. CT

FULL SCHEDULE HERE

You can visit the latest briefing HERE – make sure to bookmark this link!!

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May Crude Oil

May Crude Oil is challenging the March spike high as it attempts to resume its rally. At this point, new sustained highs would project a possible run to the low percentage fourth upside PriceCount objective to the 128.54 area.

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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.

Cannon Edge — Your Daily Futures Snapshot for April 3rd

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Daily Levels for April 3rd, 2026

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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.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Good Friday Trading Hours PLUS: CannonEdge Snapshot, Link our Pre-Market Briefing, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on April 2nd, 2026

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At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— June (#GC)

4636.60 4714.20 4737.60 4845.20 4898.20

Silver (SI)

— May. (#SI)

72.93 74.12 75.19 76.39 77.46

Crude Oil (CL)

— May. (#CL)

92.99 96.30 99.80 103.11 106.61

 June Bonds (ZB)

— June. (#ZB)

112 26/32 113 6/32 113 26/32 114 6/32 114 26/32

Good Friday Modified Schedule

good friday

With markets heading into the long Good Friday weekend, traders should be prepared for abbreviated trading hours this Friday, April 3rd, as U.S. futures will observe an early close. Despite the holiday, volatility risk remains elevated: we’ll still receive the monthly Jobs Report, and the market is watching the geopolitical war‑related deadline closely. The combination of reduced liquidity, event‑driven uncertainty, and shortened hours means price action can be sharper than usual. As always, plan positions accordingly and stay mindful of thinner order books heading into the close.

See the modified trading hours HERE

Please be advised of the adjusted market hours and Treasury processing procedures for Friday, April 3, 2026 (Good Friday), in conjunction with the Bureau of Labor Statistics (BLS) Employment Situation Report for March 2026, which is scheduled for release at 7:30 a.m. CT.

Market Hours – Friday, April 3, 2026

CME Indices

  • Close at 8:15 a.m. CT

CME Currencies

  • Close at 10:15 a.m. CT

CBOT Interest Rates

  • Close at 10:15 a.m. CT

CME Cryptocurrencies

  • Close at 10:15 a.m. CT

FULL SCHEDULE HERE

You can visit the latest briefing HERE – make sure to bookmark this link!!

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Cannon Edge — Your Daily Futures Snapshot for April 2nd

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Daily Levels for April 2nd, 2026

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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.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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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Listen to our podcast: Subscribe on AppleSpotify, Amazon

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Market Update PLUS: Our Blog is MOVING! CannonEdge Snapshot, Levels, Reports; Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures on March 31st, 2026

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At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4364.40 4450.80 4531.10 4617.50 4697.80

Silver (SI)

— May. (#SI)

65.64 67.91 69.97 72.23 74.29

Crude Oil (CL)

— April. (#CL)

97.53 101.18 103.07 106.72 108.61

 June Bonds (ZB)

— June. (#ZB)

111 18/32 112 16/32 113 5/32 114 3/32 114 24/32

Our Daily Blog Is Moving! — and It’s Better Than Ever

market

We’re expanding our daily commentary into a comprehensive futures intelligence briefing, delivering deeper insights, actionable trading levels, key economic reports, and institutional‑grade market analysis.

This email will be phased out soon. Visit our homepage, scroll to the Daily Briefing, and access the full report every trading day by 9:00 AM EST.

You can visit the latest briefing HERE – make sure to bookmark this link!!

Weekly Market Update

Yields screaming higher. Gold posts worst week since 1983. S&P breaks below 200-day MA. Four straight losing weeks.

March 23, 2026 · For clients & subscribers · Eli G Levy · Cannon Trading Company

Weekly Overview — 01

FULL TECHNICAL REVIEW OF CHARTS AND KEY LEVELS HERE

Technical Analysis — 02

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions and other financial instruments 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. The author is registered solely as a commodities broker. Any references, recommendations, and information contained in this article are of opinion only, should not be considered investment advice, and do not guarantee any profits.

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Cannon Edge — Your Daily Futures Snapshot for March 31st

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Daily Levels for March 31st, 2026

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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.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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What Futures Traders Should Watch This Week PLUS: Cannon Edge Snapshot, June 10 Year Treasury Bonds, Edvardus Breakout Gold Trading System, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures the Week of March 23rd, 2026

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Cannon Futures Weekly Letter

In Today’s Issue #1283

  • The Week Ahead – Volatility!

  • Futures 102 – New, Exciting Tools for Cannon’s Clients!

  • Cannon Edge – Your Futures trading Map for the week ahead!

  • Hot Market of the Week – June 10 Year Notes

  • Broker’s Trading System of the Week – Gold Swing Trading System

  • Trading Levels for Next Week
  • Trading Reports for Next Week

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4312.80 4407.00 4572.60 4666.80 4832.40

Silver (SI)

— May. (#SI)

63.25 65.65 70.13 72.53 77.01

Crude Oil (CL)

— April. (#CL)

90.01 93.83 96.29 100.11 102.57

 June Bonds (ZB)

— June. (#ZB)

110 23/32 111 19/32 113 5/32 114  1/32 115 19/32

What Futures Traders Should Watch This Week

By John Thorpe, Senior Broker

futures traders

Light, Earnings and Economic data next week. There are a few fed speakers, Miran, Cook and Jefferson of consequence. Barr is on the supervision side.

The IRAN War continues, speculation leads the volatility.

When the markets open Sunday night, you may want to take a peek.

Post‑FOMC Positioning, Quarter‑End Flows, and Roll Activity

Markets enter the final full trading week of March following last week’s FOMC meeting, with traders now shifting focus from policy uncertainty to post‑decision positioning, quarter‑end flows, and contract roll dynamics.

With the Fed having concluded its March meeting and left rates unchanged, attention turns to how equities, rates, and commodities digest the updated economic projections and forward guidance. [federalreserve.gov]

From a futures perspective, roll activity is beginning to accelerate, particularly in equity index products as volume gradually migrates toward June contracts. Traders should be mindful of changing liquidity profiles as front‑month contracts approach expiration later this week. [futures.aeromir.com]

Energy, Agriculture, and Input Costs Remain in Focus

Energy markets continue to be influenced by supply‑side uncertainty and geopolitical risk, with crude oil and refined products remaining historically volatile. Natural gas traders are also watching late‑season storage data and production levels as winter demand winds down and injection season approaches.

In agriculture, inputs and fertilizers remain an important secondary theme. Urea and fertilizer contracts at the CME have seen elevated interest as global supply concerns intersect with seasonal demand from North American producers.

These products, along with traditional grain and biofuel markets such as corn, soybeans, and soybean oil, continue to offer opportunities for spread trading, calendar structures, and relative‑value strategies in liquid markets. [forex.trad…charts.com]

As always, traders should consider both outright and spread‑based approaches depending on volatility and margin considerations.

June (M6) is Front Month

Equity indices, treasuries, currencies and other contracts are now being traded on June (M)

For platform guidance, here is a brief video on how to change contracts on CannonX (CQG/StoneX):

https://www.youtube.com/watch?v=AzeOgBa5HwA

Earnings Next Week:

·        Mon. Quiet

·        Tue. GameStop, KB Home

·        Wed. PDD, Cintas, PayChex

·        Thu.  Commercial Metals

·        Fri. Carnival

FED SPEECHES: (all times CST)

·        Mon.  quiet

·        Tues.  Barr 3:30 P.M.

·        Wed. Miran 1:15 p.m.

·        Thu. Cook 1:00 pm, Miran 3:30 PM, Jefferson 4:00 PM, Barr 4:10 PM

·        Fri.  Daly 8:30 am

Econ Data: (all times CST)

·        Mon. CHGO Fed Nat’l Activity Index.

·        Tue. ADP Weekly, Redbook, Non-Farm Productivity Q4, Global PMI, Richmond Fed, API Crude Stock Change

·        Wed. EIA Crude stocks,

·        Thu. Initial Jobless claims, Nat Gas Stocks, KC Fed Index, Fed Balance Sheet

·        Fri. Mich. Consumer Sentiment, GDP, Personal Income, Baker Hughes Rig Count, Retail inventories

We’ll see you next week.

Please enjoy a safe and memorable weekend.

Futures 102: The Daily Briefing by Cannon

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

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

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

From the morning calls at Goldman Sachs and JPMorgan, to the independent macro voices moving markets, to the reporters who break desk leaks first — it’s all here, every day, in plain language.

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

Read the Latest Briefing from March 20th 2026 HERE

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Cannon Edge — Your Daily Futures Insight for the Next Trading Day! Cannon Edge for March 23rd, 2026

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Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

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

June 10 Year Treasury Bonds

The June 10 Year Treasury Bonds have broken down into a new contract low where the chart is taking aim at its first downside PriceCount objective to the 110^02 area.

 Learn more spreads and seasonal patterns in commodity futures HERE

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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

Edvardus – Breakout Gold Trading System SID#:3528

***Past performance may not be necessarily indicative of future results.

To learn more about this system, contact 800-454-9572 / 310-859-9572 or info@cannontrading.com .

This system is available for the 100 OZ gold contract and results below are based on the 100 oz contract – However, you can trade the same system logic and execution with the 10 Oz contract going as low as one micro gold which is 1/10 of the large contract.

System Description

Market Sector: Metals

Markets Traded:  GC , MGC

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $60,000/ $6,000

Developer Fee per contract: $300.00/ $30 Monthly Subscription

System Description:

Edvardus Breakout GOLD is a breakout swing trading strategy. It has passed robustness testing such as walk-forward analysis.

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.

System Trades Disclosure:

System Description

“System Description” is based upon information obtained from specific system marketing documents, system developers and/or system vendors themselves. While the information is believed to be reliable, we cannot guarantee its completeness or accuracy.

Actual Monthly Performance

The table and charts represent the monthly/quarterly/annual summation of actual trades based on system-specified contract(s) executed through Striker Securities, Inc. using the referenced trading system or system vendor for the stated time period. Commissions and monthly vendor fees are deducted from the tabulation. Results are based on 1 contract. If a client trades 2 contracts his gain or loss is twice as displayed (and so on).

This table is presented for information purposes only and is not a solicitation for the referenced system or vendor. The purpose of this information is for clients to compare their brokerage statements to what is displayed on Striker’s site. Striker as a matter of policy has no ownership with the referenced system or vendor or any other trading system or vendor. Past trade history may not be indicative of future results.

The results indicated here may or may not be typical of the performance of this system and, ALTHOUGH WE BELIEVE THIS INFORMATION TO BE ACCURATE, CANNON TRADING COMPANY MAKES NO ENDORSEMENT OF THIS OR ANY SYSTEM NOR WARRANTS ITS PERFORMANCE. This is not the only trading system that Striker executes for its clients. Potential traders should carefully investigate, evaluate and compare trading systems before investing capital.

Some or all trading systems may involve an inappropriate level of risk for potential traders. It is the nature of commodity trading that where there is the opportunity for profit, there is also the risk of loss. In opening an account through CANNON TRADING COMPANY, Customer acknowledges and agrees that he/she will rely solely upon the information that CANNON TRADING COMPANYprovides to you.

Thus, all prior third-party materials provided are superseded by the information and disclosures provided by CANNON TRADING COMPANY.

Important Information About this Trading System Analysis

Statistics, tables, charts and other information on trading system monthly performance are based on actual trading unless otherwise specified. Actual dollar and percentage gains/losses experienced by investors would depend on many factors not accounted for in these statistics, including, but not limited to, starting account balances, market behavior, developer fees, incidence of split fills and other variations in order execution, and the duration and extent of individual investor participation in the specified system.

While the information and statistics given are believed to be complete and accurate we cannot guarantee their completeness or accuracy as they results are key punched and subject to human error. Performance information is not the performance of a single account, but a compilation of several accounts over time, and is based on the physical trading ticket.

THIS INFORMATION IS PROVIDED FOR EDUCATIONAL/ INFORMATIONAL PURPOSES ONLY AND USED BY CURRENT CLIENTS TO AUDIT THEIR STATEMENTS TO STRIKER SITE. These results are not indicative of, and have no bearing on, any individual results that may be attained by the trading system in the future.

This trading system, like any other, may involve an inappropriate level of risk for prospective investors. THE RISK OF LOSS IN TRADING COMMODITY FUTURES AND OPTIONS CAN BE SUBSTANTIAL AND MAY NOT BE SUITABLE FOR ALL INVESTORS. Prior to purchasing or leasing a trading system from this or any other system vendor or investing in a trading system with a registered commodity trading representative, investors need to carefully consider whether such trading is suitable for them in light of their own specific financial condition.

In some cases, futures accounts are subject to substantial charges for commission, management, incentive or advisory fees. It may be necessary for accounts subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. In addition, one should carefully study the accompanying prospectus, account forms, disclosure documents and/or risk disclosure statements required by the CFTC or NFA, which are provided directly by the system vendor and/or CTA’s.

The information contained in this report is provided with the objective of “standardizing” trading systems measurements, and it is intended for educational /informational purposes only. All information is offered with the understanding that an investor considering purchasing or leasing a system must carry out his/her own research and due diligence in deciding whether to purchase or lease any trading system noted within or without this report.

This report does not constitute a solicitation to purchase or invest in any trading system which may be mentioned herein. CANNON TRADING COMPANY AND STRIKER SECURITES, INC. MAKES NO ENDORSEMENT OF THIS OR ANY OTHER TRADING SYSTEM NOR WARRANTS ITS PERFORMANCE. THIS IS NOT A SOLICITATION TO PURCHASE OR SUBSCRIBE TO ANY TRADING SYSTEM.

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.

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

Daily Levels for March 23rd, 2026

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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.

Join our Private Facebook group

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Listen to our podcast: Subscribe on AppleSpotify, Amazon

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FOMC Rate decision tomorrow PLUS: May Cotton, CannonEdge Snapshot, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on March 18th, 2026

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 FOMC Rate decision tomorrow

1:00 pm CDT, Powell presser 1:30 pm CDT

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4939.87 4975.13 5012.27 5047.53 5084.67

Silver (SI)

— May. (#SI)

75.76 77.53 80.15 81.92 84.53

Crude Oil (CL)

— April. (#CL)

91.55 93.85 96.14 98.44 100.73

 June Bonds (ZB)

— June. (#ZB)

113 25/32 114 11/32 114 21/32 115 7/32 115 17/32

Don’t forget! June (M) is front month for stock index futures like MES, NQ and others. ESM26

fomc

 The following are suggestions on trading during FOMC days:

·      Reduce trading size

·      Be extra picky = no trade is better than a bad trade

·      Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 6825.00 with a stop at 6815.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 6810.00 and place a stop a few points below in this hypothetical example (consider current volatility along with support and resistance levels).

·      Expect the higher volatility during and right after the announcement

·      Expect to see some “vacuum” (low volume, big zigzags) right before the number.

·      Consider using automated stops and limits attached to your entry order as the market can move very fast at times.

·      Know what the market was expecting, learn what came out and observe market reaction for clues

·      Be patient and be disciplined

·      If in doubt, stay out!!

I am sharing a very important question I had with a prospective client recently.

He asked me, “How many day trades are too many with a $10,000.00 account valuation?”.

This question is more important than most think as we see too many accounts that overtrade leading to a kind of Hari Kari in this industry.

There isn’t a fixed “too many,” but with a 10,000‑dollar futures account you should anchor everything to risk per trade and max daily loss, not trade count.

Start from RISK PER TRADE

That means your stop distance and contract size must be chosen so a full stop‑out costs no more than that amount; if you can’t get the stop that tight, you must drop size ( e.g., use micros)

Common guideline is risking about 0.5–1% of the account per trade when you’re still building consistency, so roughly 50-100 dollars per trade in a $10,000.00 account.

Define a Hard Daily Loss Limit

A Typical daily loss limit for a 10,000 dollar account is 2-3% of equity. roughly 2-300 dollars per day.

What that implies for “How Many” day trades.

If you risk 15 per trade and cap a daily loss at 3%, then 3 full trades is your daily limit: you’re done for the day if you’re wrong 3 times.

If you risk .5% per trade, that’s 4-6 trades before you hit your max loss of 2-3% per day even if you haven’t used all the slots!

Why “Too Many” is dangerous for a small account

As the number of intraday trades rises, you will tend to: overtrade marginal set-ups, pay more in commissions/fees, and increase the chance of revenge trading.

A reasonable starting point for a $10,000.00 account might be something like 2-5 trades per day and a rule you live by that you also stop if you exceed a certain number of consecutive losers.

What to discuss with me, myself and I

Discipline is essential to success. Plan your trades and trade your plans.

Tell your Broker

If you tell your broker what market(s) you’re trading and your typical risk per trade in ticks or points, he or she can translate this into a concrete max contract(s) and a sensible max contracts per day given the avg. volatility for the contracts you like to trade (they may even suggest different contracts that may be more suitable given your style and account size)

Don’t forget! June (M) is front month for stock index futures like MES, NQ and others. ESM26

Cannon Edge for March 18th

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Introducing Cannon Edge — Your Daily Futures Snapshot Above

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

May Cotton

May Cotton accelerated its rally to complete the third upside PriceCount objective. It would be normal to get a near term reaction from this level in the form of a consolidation or corrective trade, at least. IF the chart can sustain further strength, the low percentage fourth count would project a possible run to the 74. 34 area.

FREE TRIAL AVAILABLE

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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 March 18th, 2026

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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.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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