Cannon Futures Weekly Letter

In Today’s Issue #1260

• The Week Ahead -Non Farm Payrolls (NFP) & Fed Speakers
• Futures 101 – Trading Tips via Short Videos
• Hot Market of the Week – Dec. Dollar Index
• Broker’s Trading System of the Week – Mini NASDAQ Day Trading System
• Trading Levels for Next Week
• Trading Reports for Next Week

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

Non-Far Payroll (NFP) & Fed Speakers to Dominate the Week Ahead

NFP Friday and another heavy week of Fed speakers as well.

With the FOMC meeting Behind us, listen for more nuanced language, outside of the 3 cuts prior to years end, Chair Powell shared during after his rate cut speech last week, but we had surprise GDP number this week. You will be hearing from a slew of Fed Speakers posting up this week (schedule is below). This unit by themselves, will, no doubt be responsible for bringing additional spice to the marketplace.

As for earnings reports we are truly at the end of Q2 Reporting. We have but a few laggards reporting this week. If you are wondering, Q3 earnings begin Mid-October.

The on again off again nature of Tariff news has created golden opportunities for breakouts in some markets, rangebound trades in others.

Continued volatility to come as next week all markets will be reacting to whatever comes out of U.S. Govt leadership relating to conflicts cessation and trade deals, China, India, Canada and Russia (looks like the EU is following Trump on this one) The Crude Oil market certainly believes so. Also, remember that Mexico’s extension will end October 29.

We’ll see you next week! Please enjoy a safe and memorable weekend.

 Earnings Next Week: 

• Mon. Carnival Cruiselines
• Tue. PayChex, Nike
• Wed.  Acuity, ConAgra
• Thu. Quiet
• Fri.   Quiet

FED SPEECHES: (all times CDT) 

• Mon.  Waller 6:30 AM , Hammack 7:00 AM, Musalem and Williams 12:30PM, Bostic 5:00pm
• Tues.  Jefferson 5:00AM, Goolsbee 12:30 PM, Logan 6:10 PM
• Wed.   Quiet
• Thu.     Logan 9:30 am
• Fri.      Williams 5:05 am

Economic Data week: 

• Mon.  Pending Home Sales, Dallas Fed Manufacturing Index
• Tue.   Redbook, Case Schiller Home Price, Chgo PMI, Jolts , Consumer Confidence, Dallas Fed Svcs.
• Wed.  ADP, ISM Manufacturing, EIA Crude Stocks, 17-week Bill auction
• Thur. Challenger Job Cuts, Initial Jobless claims, Factory Orders, EIA NAT GAS Storage, Fed Balance sheet,
• Fri.     NFP, ISM Svcs PMI, Baker Hughes Rig Count

Trading Videos – Instant Viewing

Watch a series of short videos, where our VP, Ilan Levy-Mayer shares his personal preferences and opinions on different trading topics.

• Ever wondered when to exit a trade? Take a look at what Ilan has to share on Bollinger Bands and a study called PARABOLICS
• Some common uses you can make of support and resistance levels.
• Filter out the noise with range bar charts
• “Price Confirmation” – Increasing the chances of a win?

WATCH VIDEOS NOW

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

Dec. Dollar Index

The December dollar index activated upside PriceCounts on yesterday’s close as it attempts to shift its momentum higher once again. We previously attempted to rally with counts made off the July low but that effort failed without reaching the first objective and we negated those unmet 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.

Brokers Trading System of the Week

iBO NQ LO30m PcdhlFpbhlFnTH 1C

Markets Traded:   Mini NASDAQ NQ

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $30,000

Developer Fee per contract: $85 Monthly Subscription

Get Started

Learn More

IMPORTANT RISK DISCLOSURE

Futures trading is complex and carries the risk of substantial losses. It is not suitable for all investors. The ability to withstand losses and to adhere to a particular trading program in spite of trading losses are material points which can adversely affect investor returns.

The returns for trading systems listed throughout this website are hypothetical in that they represent returns in a model account. The model account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant to the listed system’s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available – by the hypothetical single contract profit and loss of trades generated by the system’s trading signals on that day in real time (real-time) less slippage, or if no real time profit or loss available – by the hypothetical single contract profit and loss of trades generated by running the system logic backwards on backadjusted data (backadjusted).

Please read carefully the CFTC required disclaimer regarding hypothetical results below. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW.

NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING.

FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS.

THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

Please read full disclaimer HERE.

Daily Levels for Sept 29th, 2025

Trading Reports for Next Week

First Notice (FN), Last trading (LT) Days for the Week:

www.mrci.com

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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