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FOMC, Gold, Cocoa, Levels, Reports; Your 5 Important Need-To-Knows for Trading Futures on August 20th, 2025

Posted on August 19, 2025 by Cannon Operations

FOMC Minutes Tomorrow & Gold Bear Put Spread Insight

By John Thorpe, Senior Broker

Markets have been calm so far this week (FOMC Minutes tomorrow)

What goes up must come down?

Does Newtons law of Gravity capsulized by the quote” what goes up, must come down” apply metaphorically to prices on assets? this quote reminds us of the inherent predictability and order found in nature by earths gravitational pull.

The question becomes, what pulls asset prices down? and how does the investor protect or benefit from forces pulling prices down?

Since the forces pushing prices of assets lower are much harder to determine than a simple law like gravitational pull without doubt make what goes up must come down a truest statement, that doesn’t mean we can’t protect our investments or even benefit from selloffs of commodities, equities and other assets we hold.

Gold will be a good example to explain 2 common risk management strategies since this asset has been range bound for some time now, having become comfortable in a relatively narrow price range since Memorial Day after a runup to start the year.

One report indicates that gold opened at $2,633 per ounce on January 2, 2025, and as of August 15, 2025, it was trading around $3,383 per ounce, marking a 24.9% increase,

Protecting your long gold futures contracts, GLD ETF or your personal gold stash you can use futures options as an insurance policy to cover your downside risk.

You believe the price of gold is ready to fall on a breakout to the downside. You can buy Comex Gold Puts. How Gold Puts Work:

Buying a Put

You buy a gold put option when you expect gold prices to fall.
The put gains value as gold declines.
If gold drops below the strike price, you can:

Sell the put at a profit, or
Exercise it to take a short position in gold futures at the strike price.

Gold option premiums consist of intrinsic value and time value:

Premium=Intrinsic Value+Time Value\text{Premium} = \text{Intrinsic Value} + \text{Time Value}Premium=Intrinsic Value+Time Value

Intrinsic Value = Max(Strike − Futures Price, 0)
Time Value = Based on volatility, time to expiration, and interest rates

For example:

If gold = $3380.00 and your put strike = $3400.00:

Intrinsic = $20
If option trades at $28 → Time Value = $8

A bear put spread is an options strategy used when you expect the price of gold to decline moderately.

You buy a put option (higher strike) and sell a put option (lower strike) with the same expiration date.

The long put gives you downside profit potential.
The short put helps reduce the cost of the trade.
This caps both your risk and your max profit.

Click here for the Gold Bear Put Spread Cheat Sheet.

Please click here to access the: Comex Gold Bear Put Spread Cheat Sheet. We will be happy to walk you through and answer any questions, just give us a call.

Tomorrow:

Econ Data: EIA Crude Stocks, 17-week T-Bill auction, FOMC Minutes. Jackson Hole symposium begins

FED: 2 speakers

Earnings: TJX Companies, Lowes, Analog Devices Inc. Target

Tariff news: Anything goes!

Click here for the Gold Bear Put Spread Cheat Sheet.

Dec. Cocoa

December cocoa completed its first upside PriceCount objective and is correcting lower. IF the chart can resume its rally with new sustained highs, the second count would project a possible run to the 9379 area. It takes a trade above the June reactionary high to formally negate the remaining unmet downside objectives

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 Aug 20th, 2025

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time ( New York)

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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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Crude Oil, The Dollar, FOMC, September KC Wheat, Levels, Reports; Your 6 Crucial Need-To-Knows for Trading Futures on July 30th, 2025

Posted on July 29, 2025 by Cannon Operations

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Dollar Strength, Crude Oil Rally’s hard, FOMC tomorrow

By John Thorpe, Senior Broker

crude oil

The Federal Reserve is widely expected to keep interest rates unchanged at its meeting tomorrow, July 30, 2025. Market analysts and interest rate traders currently assign a very high probability—over 95%- a pause, with no rate hike or cut anticipated at this meeting.

Economists are expecting the first look at US 2Q 2025 GDP to show the economy grew by +2.4% on quarter over quarter terms, if realized that would be up from the final 1Q report -0.5% contraction. The advanced 2Q 2025 chain weighted price index is expected up +2.3%, and compares with the final 1Q report, up +3.8%. The data will be released at 7:30 am CT Wednesday morning.

The Crude market rally’s hard today on news Trump threatens 100% tariff on China if it continues to buy Russian crude oil. Front month September +$2.77 as of this writing. $2700.00 per contract. Crude has rallied nearly $5.00 bbl since the opening of Sunday evenings session. Yesterday’s OPEC+ maintained its current oil output policy at the Joint Ministerial Monitoring Committee (JMMC) meeting, with no changes to production plans.

The JMMC (Joint Ministerial Monitoring Committee) emphasized the critical importance of full conformity with agreed production levels, noting uneven compliance among some members.

The US Dollar may have bottomed in the short term as the past week we have seen signs of life. A 2.5% rally from the July 1 lows. The awakening of the dollar is not bullish for our export markets.

Tomorrow:

Econ Data: GDP, FOMC Rate decision, EIA Crude Stocks, Beige book

FED: Rate decision @ 1:00pm, followed by 1:30 press conference.

Earnings: Qualcomm, Meta, Microsoft

Tariff news: Anything goes!

September KC – Chicago Wheat

The September KC – Chicago wheat spread came up short of its low percentage fourth downside PriceCount objective early this month. Now, on the correction we have activated upside objectives. The first count projects a recovery to the -3 area.

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 July 30th, 2025

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Economic Reports

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All times are Eastern Time ( New York)

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FOMC, NVIDIA, June Dollar Index; Your 5 Important Need-To-Knows for Trading through Memorial Day Weekend, 2025

Posted on May 23, 2025 by Cannon Operations

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Cannon Futures Weekly Letter

In Today’s Issue #1243

Trade Against the Pro – Trading Competition
The Week Ahead – A shortened week. FOMC Minutes and NVIDIA earnings
Futures 101 – Memorial Day Trading Schedule
Hot Market of the Week – June Dollar Index
Broker’s Trading System of the Week – Heating Oil Swing Trading System
Trading Levels for Next Week
Trading Reports for Next Week

Trade Against the Pro – Simulated Contest, Real Cash prizes!

Opportunity to learn and win

Explore the benefits of futures trading while competing against your peers for a chance to win up to $2,500 in cash prizes. Practice trading different futures contracts with new perspectives and tips from a seasoned futures pro.

Refine your futures strategies

Mark your calendar for the trading challenge scheduled from June 1-6. This is your opportunity to test-drive trading strategies for futures in a risk-free environment. Additionally, once the challenge starts, you’ll gain access to exclusive daily educational videos packed with invaluable insights.

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Important Notices: The Week Ahead

FOMC! NVIDIA!

fomc

By John Thorpe, Senior Broker

A shortened week. FOMC Minutes and NVIDIA earnings top the list.

More volatility to come as next week all markets will be reacting to whatever comes out of the U.S. Govt leadership relating to conflicts cessation and trade deals. Therefore, increased volatility expectations.

Earnings Next Week:

Mon. Memorial Day
Tue. PDD Holdings
Wed. Nvidia, Salesforce
Thu. Dell, Marvell tech
Fri. Costco

FED SPEECHES: (all time CDT)

Mon. Memorial Day no speeches
Tues. Kashkari 3 am ct, Williams, 6pm ct
Wed. Kashkari 3 am ct,
Thu. Kugler 1 pm ct, Daly, 3 pm ct, Logan 7 pm ct
Fri. Goolsbee 5:30 pm ct

Economic Data week:

Mon. Memorial Day no releases
Tue. Durable Goods, Case-Schiller, CB Consumer Confidence, Dallas Fed
Wed. Redbook, Richmond Fed, Dallas Svcs. Index, FOMC MINUTES EIA Crude Stocks MOVED TO Thursday,
Thur. Initial claims, Core PCE. GDP Q2 est., Pending Home Sales, EIA Nat Gas 7:30 am ct, EIA stocks 11 am ct
Fri. Core PCE, Chicago PMI, Mich. Consumer Sentiment

Futures 101: Memorial Day Trading Hours

The upcoming US Memorial Day Holiday Trading Schedule for Friday, May 23^rd, through Monday, May 26^th, 2025, is below.

Memorial Day (May 26^th) Holiday Trading Schedule:

Grains

Sunday – Closed

Monday – Closed

Tuesday – 8:30 a.m. CT Open

Livestock

Sunday – Closed

Monday – Closed

Tuesday – 8:30 a.m. CT Open

Cryptocurrencies

Monday – 4:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Energy

Sunday – 5:00 p.m. CT Open

Monday – 1:30 p.m. CT Halt

5:00 p.m. CT Re-Open

Monday – 4:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Interest Rates

Monday – 12:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Metals

Monday – 1:30 p.m. CT Halt

5:00 p.m. CT Re-Open

Stock Indices

Monday – 12:00 p.m. CT Halt

5:00 p.m. CT Re-Open

Sugar, Coffee, Cotton, Cocoa, FCOJ

Monday – Closed

Tuesday – Regular Hours

Canola

Monday – Regular Hours

U.S. Dollar Index

Monday – Regular Hours

FULL SCHEDULE

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.

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June Dollar Index

Key decision levels?

trade

Brokers Trading System of the Week

Swing 61B Trading System

Market Sector: Energies

Markets Traded: HO – Heating Oil

System Type: Swing Trading

Risk per Trade: varies

Trading Rules: Partially Disclosed

Suggested Capital: $25,000

Developer Fee per contract: $145.00 Monthly Subscription

System Description:

Trade ES futures. System coded to seek long or short entries, and the system only uses the higher probability signal. System contains a money management component.

Get Started

Learn More

Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance is not necessarily indicative of future results.

Futures Trading Disclaimer:

Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily “leveraged”.

A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you.

You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position.

If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. Please read full disclaimer HERE.

Would you like to get weekly updates on real-time, results of systems mentioned above?

Yes

Trading Levels for Next Week

Daily Levels for May 26th/27th, 2025

Would you like to receive daily support & resistance levels?

Yes

Trading Reports for Next Week

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

www.mrci.com

Find us on Trustpilot

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 Key Takeaways from CME, Dollar Index; 4 Important Need-To-Knows When Trading Futures Tomorrow

Posted on May 8, 2025 by Cannon Operations

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FOMC Takeaways

FOMC Key Takeaways with Craig of CME Group

The awaited Fed Interest Rate decision was released yesterday, and as expected, the Fed kept the interest rates unchanged while signaling that rate cuts could be on the horizon for the remainder of the year.

With this announcement, the equity indices initially broke to the downside and then were able to recover at the end of the session. Gold, Silver, and Crude Oil all traded lower today after seeing strong gains to start the week.

FOMC

The CME Fed Watch Tool has been moving today with the interest rate decision along with the volatility in different markets, and seeing the changes over time can be beneficial.

This morning at 9:00 A.M. Central Time, the tool was pricing in a pause for the June meeting with a 69% probability, and that figure went up to 76% as of 3:00 Central Time after hearing remarks from Powell.

In a similar way, the probability for a rate cut at the July meeting remained the same near 56%. What this tells traders is that the market is pricing in a higher chance of the first interest rate cut coming at the July meeting instead of the previous expectation of the June meeting.

Would you like to view daily updates/takeaways and general research?

Visit our RESEARCH section which updates throughout the day!

Craig Bewick has spent 25 years in futures and options markets, starting at CBOT and CME working in risk management, regulatory, technology, product management and client development.

June Dollar Index

The June Dollar Index stabilized its inside last month after it satisfied its fourth downside PriceCount objective. Now, the chart has activated upside counts and is taking aim at the first objective to the 101.22 area.

Learn more at www.qtchartoftheday.com

Daily Levels for May 9th 2025

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Click here for quick and easy instructions.

Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on Apple, Spotify, Amazon

or wherever you listen to podcasts!

Post FOMC Life, July Bean Oil, Metals, Energies

Posted on May 7, 2025 by Cannon Operations

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Post FOMC

fomc

Post FOMC

by Mark O’Brien, Senior Broker

General:

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of economic uncertainty.

“Uncertainty about the economic outlook has increased further,” the Fed indicated in its FOMC Statement. “The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen.”

The central bank’s decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.

It comes after the Fed left rates at that level at its two previous meetings in January and March, which followed three consecutive rate cuts at its preceding meetings – which involved a 50-basis-point cut in September and a pair of 25-basis-point reductions in November and December.

Metals: 

June gold futures ended April closing nine days with a >$100 per ounce price range, a $10,000 per contract move between its daily high and low trades. Five trading days into May and we’ve already seen two more, with a couple of >$80 ranges thrown in.

Energies:

June crude oil traded intraday Monday – on the Sunday opening – to $55.30/barrel and closed at the lowest in four years ($57.13 a barrel back in February 2021), after OPEC+ agreed to hike production for a second month. The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes one month after OPEC+ surprised the market by agreeing to boost production in May by the same amount.

July Bean Oil

July bean oil broke out into a new high last month but was unable to sustain the move and now the chart has activated downside PriceCounts on the correction lower. The first count projects a possible slide to the 46.44 area.

Learn more at www.qtchartoftheday.com

Daily Levels for May 8th, 2025

Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day! Click here for quick and easy instructions.

Economic Reports

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All times are Eastern Time (New York)

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FOMC Eve – 4 Important Announcements, June Cattle; Trade a Plan – YOUR Plan

Posted on May 6, 2025 by Cannon Operations

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FOMC Tomorrow

by John Thorpe, Senior Broker

fomc

Day trade margins are back to normal valuations.

Please speak with your broker about ways that you may not be aware of to assist you with your risk management plans. They may surprise you with the creative solutions you may find more efficient than simple stop orders or the old “hand on the mouse blow yourself out” strategy.

FOMC

Chairman Powell speaks rate decision tomorrow @ 1:30 CDT ,30 minutes following the official DECISION ON THE FED FUND RATE., U.S. Secretary of the Treasury Scott Bessent will testify to the House Financial Services Committee hearing on the international finance system Wednesday morning around 9:00 am CDT.

Economists and the CME FED Watch tool are expecting no change in the fed funds rate for tomorrows Fed Meeting. That tempers the rate at 4.25-4.50, the same as it has been since the December meeting.

Tomorrow:

Econ Data: Used Car Prices. EIA Energy stocks.

FED Speak/FOMC: Powell @ 1:30PM CDT

Earnings: Novo Nordisk, Advanced Micro Devices, Duke energy, Doordash

Tariff news: Anything goes!

June Live Cattle

cattle

June live cattle extended its rally into a new contract high. This has us approaching the third upside PriceCount objective to the 215.67 area. Upon satisfying the count it would be normal for the chart to react with a near term consolidation or corrective trade, at least. the low percentage fourth count to 262 (not shown here for presentation purposes) is not seen as a realistic target for this contract.

Learn more at www.qtchartoftheday.com

Daily Levels for May 7th, 2025

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Economic Reports

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FOMC: Shocking Decision Just Sent Gold Soaring: 3 Big Reasons Why

Posted on March 19, 2025 by Jenny Collins

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Market Highlights

by Mark O’Brien, Senior Broker

The Day After FOMC

FOMC Meeting Update 

The FOMC left interest rates unchanged today. In language newly added to its policy statement, “Uncertainty around the economic outlook has increased.” Surveys of consumers and businesses, corporate earnings, and financial markets, albeit “soft data,” have suggested that the economic ground may be shifting beneath our feet. Last Friday, the University of Michigan’s preliminary survey of consumer sentiment for March sank for the third straight month, showing sharply lower expectations for the future – regardless of respondents’ party affiliations. Warnings have percolated from airlines and retailers, i.e. Dollar General and Walmart, about underwhelming consumer demand. Outplacement firm Challenger Gray & Christmas announced layoffs reached their highest levels since the summer of 2020, when the pandemic was in full force — and the highest level for the month of February since 2009. That’s all for the FOMC for now.

Metals:

Gold prices edged higher to hover near all-time highs on the heels of Fed Chairman Jerome Powell’s post announcement press conference.

Daily Levels for March 20th, 2025

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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Gold Surges to All-Time Record High of $3040 – 5 Key Signals, 7 Volatility Triggers Before the FOMC Decision

Posted on March 18, 2025 by Jenny Collins

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Movers & Shakers – GOLD

by John Thorpe, Senior Broker

gold nugg

Movers and Shakers: FOMC Meeting Tomorrow @ 1:00PM CDT

Market volatility is here to stay for the foreseeable future

Choose your opportunities wisely. Prepare for shocks on the tomorrow FOMC Rate decision but, more importantly, expect a roller coaster during the Chairman’s statement and Q and A 30 minutes to follow.

How gold is your portfolio?

All time highs in Gold today. 3040.00 per troy ounce of Gold. We have all contract sizes, from 1 oz to 100 ounces of Gold.

Today was a subdued trading day for almost all of the high-volume products we trade compared to the past 30 days or so.

Waiting for FOMC rate decision?

GOLD

Here were today’s top headlines.

Updated: March 18, 2025 7:32 am

US Housing Starts and Building Permits Headline Recap

**US February Housing Starts: +11.2% to 1.501 mln units annualized rate; expected +1.0% to 1.38 mln

**US February Building Permits: -1.2% to 1.456 mln unit annualized rate; expected -2.2% to 1.45 mln

Updated: March 18, 2025 8:17 am

Federal Reserve US Industrial Production & Capacity Utilization Headline Recap

**Federal Reserve February US Industrial Production: +0.7%; expected +0.3%

**Federal Reserve February US Capacity Utilization: +0.5% to 78.2; expected 77.8%

**Federal Reserve January US Industrial Production revised: +0.3%; prior +0.5%

**Federal Reserve January US Capacity Utilization revised: 77.7%; prior 77.8%

Daily Levels for March 19th, 2025

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Want to feature our updated trading levels on your website? Simply paste a small code, and they’ll update automatically every day!

Click here for quick and easy instructions.

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Economic Reports

provided by: ForexFactory.com

All times are Eastern Time (New York)

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Suggestions to Help you Trade FOMC Tomorrow; Introducing Mini Ether & Support and Resistance Levels 12.15.2021

Posted on December 14, 2021December 14, 2021 by Ilan

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

https://business.facebook.com/groups/1105191589938254/

FOMC Statement tomorrow:

The following was written by my colleague, John Thorpe, an ex floor broker and a Senior Broker with Cannon Trading:

Since the depths of the pandemic, the Fed has been buying U.S. Treasuries and agency mortgage-backed securities in the open to signal its commitment to easy money policies. The Feds balance sheet has more than doubled during the Pandemic, from just under 4 trillion to nearly 9 trillion U.S. dollars. At the November Fed meeting , the governors had for the first time admitted that inflation may not be “transitory” and charted a path to “gradually” taper purchases with a target of mid 2022 to wind down the necessary taper .“If the market perceives that the Fed is behind the curve in controlling inflation, it would lead to higher inflation expectations and long-term interest rate hikes, potentially weakening the dollar and pressuring asset values,” said Madhavi Bokil, senior vice president at Moody’s Investors Service. In lieu of a gaudy CPI number recently at 6.8 and PPI increased by the largest amount in recorded economic history.

The market is looking for the Fed to acknowledge the existence of inflation in clearer terms than the November statement and the need to decelerate asset purchases and accelerating the “Taper” in an attempt to prevent a flat yield curve between the 2 yr and 10 yr notes. If this portion of the yield curve flattens or turns negative, this typically signals a recession. It has narrowed in recent weeks to a spread of only .75. This meeting is a very important one and so far this week, the equity markets are reacting to a potential need to accelerate the taper, an admission by the FED that they may be nervous about their inability to control inflation and an impending recession.

The following are my PERSONAL suggestions on trading during FOMC days:

· Reduce trading size

· Be extra picky = no trade is better than a bad trade

· Choose entry points wisely. Look at longer time frame support and resistance for entry. Take the approach of entering at points where you normally would have placed protective stops. Example, trader x looking to go long the mini SP at 4325.00 with a stop at 4319.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 4319.75 and place a stop a few points below in this hypothetical example ( consider current volatility along with support and resistance levels).

· Expect the higher volatility during and right after the announcement

· Expect to see some “vacuum” ( low volume, big zigzags) right before the number.

· Consider using automated stops and limits attached to your entry order as the market can move very fast at times.

· Keep in mind statement comes out at 1 Pm Central time, the news conference which dissects the language comes out 30 minutes later so the volatility window stretches out.

· Know what the market was expecting, learn what came out and observe market reaction for clues

· Be patient and be disciplined

· If in doubt, stay out!!

If you are looking for other reference material please contact your Cannon Broker for lists of solid, informative and helpful trading tomes

Introducing Micro Ether Futures

At 1/10 the size of one ether, Micro Ether futures (MET) provides a precision, efficient, cost-effective way to manage your exposure to one of the largest cryptocurrencies in the world by market capitalization.

Features & Benefits
Fine-tune your Ether exposure
Enjoy price discovery on a regulated exchange
Lower margin
Diversify your portfolio

Practice in Demo / Test Account

Futures Trading Levels

12-15-2021

Economic Reports, Source:

https://bettertrader.co/

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.

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

Posted on November 3, 2021 by Ilan

Dear Futures Trader,

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

https://business.facebook.com/groups/1105191589938254/

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

Futures Trading Levels

11-04-2021

Futures Support & Resistance Levels 11.04.2021

Economic Reports, source:

https://bettertrader.co/

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FOMC Minutes Tomorrow & Gold Bear Put Spread Insight

By John Thorpe, Senior Broker

Dec. Cocoa

Daily Levels for Aug 20th, 2025

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Economic Reports

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Dollar Strength, Crude Oil Rally’s hard, FOMC tomorrow

By John Thorpe, Senior Broker

September KC – Chicago Wheat

Daily Levels for July 30th, 2025

Economic Reports

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Cannon Futures Weekly Letter

In Today’s Issue #1243

The Week Ahead – A shortened week. FOMC Minutes and NVIDIA earnings

Trade Against the Pro – Simulated Contest, Real Cash prizes!

Important Notices: The Week Ahead

FOMC! NVIDIA!

By John Thorpe, Senior Broker

Futures 101: Memorial Day Trading Hours

Hot Market of the Week

June Dollar Index

Key decision levels?

Brokers Trading System of the Week

Trading Levels for Next Week

Daily Levels for May 26th/27th, 2025

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Trading Reports for Next Week

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FOMC Takeaways

FOMC Key Takeaways with Craig of CME Group

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June Dollar Index

Daily Levels for May 9th 2025

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Economic Reports

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Post FOMC

Post FOMC

by Mark O’Brien, Senior Broker

July Bean Oil

Daily Levels for May 8th, 2025

Economic Reports

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FOMC Tomorrow

FOMC

June Live Cattle

Daily Levels for May 7th, 2025

Economic Reports

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Market Highlights

by Mark O’Brien, Senior Broker

The Day After FOMC

FOMC Meeting Update

Daily Levels for March 20th, 2025

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Economic Reports

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Movers & Shakers – GOLD

by John Thorpe, Senior Broker

Movers and Shakers: FOMC Meeting Tomorrow @ 1:00PM CDT

Market volatility is here to stay for the foreseeable future

FOMC Meeting Update 