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Trade The News? PLUS: Pre-Market Briefing TEXT & PODCAST, August Feeder Cattle, CannonEdge Snapshot, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on June 4th, 2026

Posted on June 3, 2026 by Cannon Operations

At A Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — Aug (#GC)	4411.30	4439.70	4482.40	4510.80	4553.50
Silver (SI) — July. (#SI)	71.42	72.29	73.96	74.83	76.50
Crude Oil (CL) — July. (#CL)	92.04	94.17	95.59	97.72	99.14
Sept. Bonds (ZB) — Sept. (#ZB)	111 13/32	111 23/32	112 7/32	112 17/32	113 1/32

Trade The News?

In today’s fast-moving futures markets, news isn’t just information — it’s opportunity (and RISK!).

news

Economic releases, central bank headlines, geopolitical developments, twits and unexpected data surprises can trigger rapid price movements in indices, commodities, and rates, giving prepared traders an edge in both short-term setups and high-probability day trades.

The key is getting accurate, actionable news in real time—before the market fully reacts. That’s where TradeTheNews comes in, delivering low-latency headlines and expert context trusted by professional traders worldwide.

If you’re serious about using news to sharpen your edge and improve your timing,

sign up for a free trial at TradeTheNews.com and experience the difference yourself.

August Feeder Cattle

August Feeder Cattle resumed the break into a new low where the chart satisfied the second downside PriceCount objective to the 343.45 area. It would be normal to get a near term reaction from this level in the form of a consolidation or corrective trade. IF we can sustain further weakness, the third count would project a possible run to the 326.14 area. A trade below the December reactionary low would formally negate the remaining unmet upside counts.

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.

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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.