New 100 Ounce Silver Contract

By Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument	S2	S1	Pivot	R1	R2
Gold (GC) — April (#GC)	4989.33	5050.57	5097.53	5158.77	5205.73
Silver (SI) — Mar. (#SI)	77.92	81.12	83.62	86.83	89.33
Crude Oil (CL) — Mar. (#CL)	63.30	64.14	64.98	65.82	66.66
Mar. Bonds (ZB) — Mar. (#ZB)	115 5/32	115 20/32	116 7/32	116 22/32	117 9/32

Metals – Silver:

The silver market is now more accessible than ever. This week CME Group introduced the 100-Ounce Silver futures contract. That’s 1/50th the size of the main 5,000-oz. silver futures contract. Each 1-cent move is equal to $1 for the contract and the contract moves in 1 cent increments. The current initial / maintenance margin requirements are $1,592 / $1,447.

For a complete rundown of the contract’s specifications, visit the CME Group’s Specifications.

Contact your Cannon Trading Co. broker for your FCM’s scheduled contract availability.

FCMs typically make new products available with restrictions regarding day trading / overnight margins, position limits, contract limits, i.e., front-month-only.

Bottom line: there a new low-cost, manageable futures contract letting you trade a position in silver with less capital.

This contract is now available on our FREE CannonX platform with symbol SICH26. Demo available here.

Introducing Cannon Edge — Your Daily Futures Snapshot

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Current price and daily % change
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Weekly Brazilian Real

The Weekly Brazilian Real satisfied its first upside PriceCount objective and is consolidating near its high. If the chart can resume its rally with new sustained highs, the second count would project a possible run to the .20440 area.

FREE TRIAL AVAILABLE

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 February 12th, 2026

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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.