CPI Report Tomorrow PLUS: Silver Down, December Corn, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on February 13th, 2026

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CPI Report Tomorrow!

By Ilan Levy-Mayer, VP

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4764.40 4851.60 4987.20 5074.40 5210.00

Silver (SI)

— Mar. (#SI)

67.55 71.23 78.05 81.73 88.56

Crude Oil (CL)

— Mar. (#CL)

60.75 61.82 63.46 64.53 66.17

 Mar. Bonds (ZB)

— Mar. (#ZB)

115 17/32 116 12/32 116 28/32 117 23/32 118 7/32
cpi

CPI, Silver, Presidents’ Day

  • Large moves across the board again today! Silver down $9 ( equivalent to $45,000 per contract….)

  • CPI report tomorrow will stir up additional volatility

  • President’s Day holiday is this Monday – Modified Schedule HERE.

  • Tomorrow is Friday the 13th….

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Introducing Cannon Edge — Your Daily Futures Snapshot

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 CQQ.

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Dec. Corn

December Corn is completing its second upside PriceCount objective to the 4.64 area. It would be normal to get a near term reaction from this level in the form of a consolidation or corrective trade. The chart has layers of additional resistance to contend with but if it can sustain further strength, the third count would project a possible run to the 4.73 area which is consistent with a challenge of the November high.

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 February 13th, 2026

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Economic Reports

provided by: ForexFactory.com

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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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FOMC Reaction in the Futures Market & Support and Resistance Levels 11.04.2021

Dear Futures Trader,

Get Real Time updates and more on our private FB group!

FOMC came out and stocks reacted with another leg up – what’s next?

FEDERAL RESERVE BEGAN
TAPPERING ITS $120 BILLION A MONTH PROGRAM.
$10 BILLION A MONTH OF
TREASURIES
$5 BILLION A MONTH OF
MORTGAGE BACKED SECURITIES
WAS:
$80 BILLION OF TREASURIES
$40 BILLION OF MORTGAGE BACKED
$1.44 TRILLION FOR THE YEAR
Gold sold off before hand and only bounced slightly.
Bonds sold off slightly.
Crude sold off the most but in my opinion it was API/ OPEC related and not FOMC related.
Many times, the real reaction to FOMC comes out the next day so price action, asset allocation across the different markets is important to watch.
If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

Good Trading

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 when it comes to Futures Trading.

 

Futures Trading Levels

11-04-2021

Futures Support & Resistance Levels 11.04.2021

 


Economic Reports, source: 

https://bettertrader.co/ 

BetterTrader Economic Reports 11.03.2021

 

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.

Getting Stopped Out on the Highs and Lows? Read This Article….11-18-2016

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1. Market Commentary
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3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Friday November 18, 2016

Greetings!

Dear Traders,

Many of you shared with me how frustrated you get when you get stopped out only to see the market goes back to where you wanted it to or positioned for….

This article by my colleague John Thorpe, talks about using weekly mini SP 500 options and can be applied to  gold, bonds, crude oil and other markets that have weekly options.  Must read.

Weekly Mini S&P option contracts

There are 100’s of indicators available to traders to assist with decision making that can be applied to technical analysis, which is precisely the reason to utilize a sound and inexpensive weekly ES strategy to compliment a day trading strategy.

There are two main uses for the Weekly options
  1. As a hedge, no need for stops
  2. As a pure speculation. A relatively inexpensive way to speculate on market direction in a time frame that can be for minutes, hours or a few days without the need to use stops.

Read the full article!

Continue reading “Getting Stopped Out on the Highs and Lows? Read This Article….11-18-2016”