Daily Support & Resistance Levels

This blog provides daily support and resistance levels for major commodities, indices, and financial futures contracts, along with market outlooks and insights.

September 25, 2026
Financial Futures

Your Important Futures Trading Energy Outlook | September 28th, 2026

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Cannon Futures Weekly Letter

In Today’s Issue #1309

  • The Week Ahead – Higher rates, NFP, Fed Speeches & More

  • Select Your own Trading Bot!!

  • Futures 102 – The Daily Briefing – What the Pros Know Before Trading

  • Rough Rice 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)

— Dec. (#GC)

4260.07 4293.33 4322.47 4355.73 4384.87

Silver (SI)

— Dec. (#SI)

62.96 63.86 64.68 65.58 66.40

Crude Oil (CL)

— Oct. (#CL)

89.66 91.06 92.90 94.30 96.14

 Dec. Bonds (ZB)

— Dec. (#ZB)

103 17/32 104 5/32 104 21/32 105 9/32 105 25/32

Energy

What Futures Traders Should Watch This Week

By John Thorpe, Senior Broker

energy

 A Hot week ahead and that’s not just if you are south of the 37th parallel as summer bleeds into Fall the next week of data the markets will need to discount is far reaching.

We’ll have everything needed to move the markets as we do expect increased volatility from Government data releases, a baker’s dozen of Fed member speeches, a smattering of earnings reports this, in addition to the lasting uncertainty in the Middle East, Black Sea shipping traffic and the Russia Ukraine conflict. Summertime war strategies are giving way to shortened daylight and long diplomatic efforts.

U.S. Dollar

The U.S. Dollar is strengthening as interest rates are the highest since 2004, a 5% 2 yr note is looking very good to many investors nervous about the remaining gas in the equity markets bullishness., Just this past Monday, during the bull move to near record highs.

The last time the index advanced at least 1% to within 1% of a new 52-week high as new lows outnumbered new highs was Dec. 21, 1999, a few months before the Dotcom Bubble top.

That’s according to Jason Goepfert, who founded SentimenTrader and now serves as an adviser at NextGen News.

The Economic Data releases will also find reason to potentially roil the markets, Non Farm Payrolls, JOLTS, Core PCE, GDP, and CB Consumer confidence headline the most impactful data releases.

Energies during Conflict

The energy’s, metals, securities, grains and interest rates are swirling in the uncertainty from a lack of resolution in the attempted unwinding of the Iranian nuclear program.

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.

  Plan your trade and trade your plan!

Earnings Next Week:

·        Mon. Vail Resorts

·        Tue. Carmax, AAR

·        Wed. Micron Technology, ConAgra, Factset

·        Thu. Nike, Constellation Brands

·        Fri.  Quiet

 

Fed Speakers: (all times CDT)

·        Mon. Barkin 12:30 pm

·        Tues. Goolsbee 12:00, Musalem 12:30, Williams 1:00pm

·        Wed. Barkin 12:30, Goolsbee 4:10 pm, Kashkari 5:00pm

·        Thu.  Barkin 8:05am, Collins 8:05am, Schmid 8:05am, Williams 2:30 pm, Logan 5:45 pm

·        Fri.  Logan 9:00 am

 

Econ Data:

·        Mon.  Dallas Fed MFG.Index, 3 and 6 Mo. Bill Auction

·        Tue. Redbook, Case/Shiller Home PX Index, JOLTS, CB Consumer confidence 6-week Bill Auction, 52-week bill auction, API Crude stock change

·        Wed. MBA Mortgage applications, ADP, Core PCE, GDP, Retail inventories, Chgo PMI, EIA Crude stocks change, Beige Book, 17-week bill auction, 5 yr note auction

·        Thu. Initial Jobless claims, S&P PMI, ISM PMI , EIA Nat Gas Stocks,, 4 and 8 week Bill auction,  Fed Balance sheet

·        Fri. NFP, Factory Orders, Baker Hughes Oil Rig Count

Get a daily market edge—support & resistance levels plus key market-moving insights.

Find the Right Futures Trading System for Your Risk Profile

Discover how Cannon Trading’s iSystems platform makes it easier to research, compare, and select automated futures trading systems. In this walkthrough, we demonstrate how to narrow hundreds of systems by criteria such as intraday or swing trading, profit factor, live performance, capital requirements, and historical drawdowns. Once your account is established, you can select systems, adjust contract quantities, and start or stop trading while receiving guidance from an experienced Cannon Trading broker. Past performance is not necessarily indicative of future results, and futures trading involves substantial risk of loss.

Watch video HERE

Start Exploring NOW

READ FULL DISCLAIMER

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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.

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!

November Rough Rice

November rough rice has resumed its rally into a new contract high. At this point, if the chart can sustain further strength, we are left with the low percentage fourth upside PriceCount objective to aim for in the 2155 area.

Schedule a one on one consultation with a licensed series 3 broker 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 https://www.qtinfo.com/analysis/qt-chart-of-the-day/

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!

Cannon Edge — Your Daily Futures Insight for the Next Trading Day! Cannon Edge for Sept. 28th 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 Automated trading systems ?

Daily Levels for Sept. 28th, 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.

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