FOMC Day Strategy, NEW WEBINAR THURSDAY, Levels, Reports; Your 4 Important Can’t Miss Need-To-Knows for Trading Futures on December 10th, 2025

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FOMC Day Strategy Consideration

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4175.67 4207.43 4229.57 4261.33 4683.47

Silver (SI)

— Mar. (#SI)

56.87 59.05 60.17 62.36 63.48

Crude Oil (CL)

— Jan (#CL)

57.51 57.95 58.56 59.00 59.61

 Mar. Bonds (ZB)

— Mar (#ZB)

114 21/32 114 30/32 115 10/32 115 19/32 115 31/32

FOMC Day Strategy Consideration

FOMC Tomorrow

FOMC tomorrow and the markets are expecting .25 BPS cut in rates, however, traders will pay close attention to the verbiage in an attempt to predict future moves in 2026 based on the presser with Jerome Powell 30 minutes after the data release.

As of now, markets see opportunities for additional reductions in the three meetings before the June 2026 meeting and will that change as a result of the presser?

The following are 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 6825.00 with a stop at 6815.00, instead “stretch the price bands” due to volatility and place an entry order to buy at 6810.00 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.

·      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!!

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Daily Levels for Dec. 10th, 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! 

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Economic Reports

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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 Ahead! Fed History, January Natural Gas, NEW TRADING CONTEST NEXT WEEK!!! Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures the Week of December 8th, 2025

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Cannon Futures Weekly Letter

In Today’s Issue #1269

  • The Week Ahead – FOMC Ahead!

  • Futures 101 – Trading Contest Starts Sunday Evening!

  • Hot Market of the Week – Jan Natural Gas

  • Broker’s Trading System of the Week – NQ Day Trading System 

  • Trading Levels for Next Week
  • Trading Reports for Next Week

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4182.70 4206.70 4248.60 4272.60 4314.50

Silver (SI)

— Mar. (#SI)

56.14 57.53 58.72 60.11 61.30

Crude Oil (CL)

— Jan (#CL)

58.94 59.55 60.02 60.63 61.10

 Mar. Bonds (ZB)

— Mar (#ZB)

114 28/32 115 7/32 115 25/32 116 4/32 116 22/32

Important Notices: The Week Ahead

By John Thorpe, Senior Broker

A Fed History Tutorial

fomc

The FRB December Rate decision looms:

Wednesday, the 10th at 1 PM CST. Followed by Jerome Powell’s presser. I’ve been listening long enough to the financial new press about the “independence of the fed” and the open criticism applied By President Trump of fed funds rates not being reduced quick enough and the open criticism of Trump and his option as President to use the bully pulpit.

Historians will tell you it is somewhat difficult to determine how many Presidents over the years since the Fed was created, pressured the FED quietly.

A secret gathering that laid the groundwork for the federal reserve took place in November 1910, specifically from about November 20th to November 30th, at the Jekyll Island Club off the coast of Georgia. Convened by Senator Nelson Aldrich, powerful bankers and financial figures met to devise a plan to reform the U.S. banking system and prevent future financial panics, leading to the eventual Federal Reserve Act of 1913.

In 1912 Democrats won the White House and majorities in both houses of Congress. Even before his inauguration, President-elect Woodrow Wilson began encouraging congressional leaders to enact banking and currency reform. In March 1913 the Democratic Senate created its first Banking and Currency Committee.

On December 23, 1913, the Senate adopted the conference report to Create the FED by a vote of 43 to 25, with every Democrat present voting for the measure and all but four Republicans voting against it. (Twenty-seven senators were “paired” or chose not to vote.).

Well documented major cases

Most academic and historical discussions highlight at least the following presidents as having directly and personally challenged the Fed over interest rates:

  • Harry Truman (conflict with Chair Thomas McCabe over keeping rates low during the Korean War, leading to the 1951 Fed–Treasury Accord).​
  • Lyndon B. Johnson (clash with Chair William McChesney Martin in 1965 over rate hikes during Vietnam War and Great Society spending).​
  • Richard Nixon (pressure on Chair Arthur Burns to ease policy before the 1972 election, documented in White House tapes and archival research).​
  • George H. W. Bush (complaints that Chair Alan Greenspan kept rates too high and did not cut fast enough after the 1990–91 recession, though Bush was relatively restrained in public).​
  • Donald Trump (sustained, public attacks on Chair Jerome Powell for raising and then not cutting rates enough, calling the Fed a threat to the economy and questioning Powell’s job

With all the talk about Jerome Powell’s tenure ending, Jerome Powell will still have the January, March and April meetings to preside over as Chairman of the Fed.

Economic Data reporting catching up but still behind.

Due to the recent government shutdown (ending November 12, 2025), many standard monthly reports (e.g., jobs, CPI, retail sales) for October and possibly November have been delayed. Agencies like the Bureau of Labor Statistics (BLS), Bureau of Economic Analysis (BEA), and Census Bureau are still finalizing revised schedules, with updates expected imminently. As of November 21, here is a calendar for Report Due dates from BLS, notes at the bottom will offer the deepest clarity since the appropriations shutdown.  https://www.bls.gov/bls/2025-lapse-revised-release-dates.htm

As for earnings reports? Next week we will see the numbers for 88 stocks. Broadcom is the only mkt cap over 1T while Adobe and oracle round out tech Autozone, Costco and Lululemon will give us a deeper look into consumer spending

What Market has been range bound and now breaking out? The longer the range trade the harder and faster the breakout becomes. Two weeks ago I said this: Watch the Nat Gas as a breakout to the upside has been looming and ready to rock. (check out today’s Chart of the Day, free trial available)

Expect continued volatility next week as the markets are sorting out the data morass.

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

 Earnings Next Week:

·        Mon. Quiet

·        Tue. Autozone

·        Wed. Oracle, Adobe, 

·        Thu. Broadcom, LULU, Costco

·        Fri.  Quiet

FED SPEECHES: (all times CDT)

·        Mon.  Quiet 

·        Tues.  FOMC Starts

·        Wed.   Dec 10th final rate decision of the year Followed by Chair Powell presser

·        Thu. Quiet

·        Fri.  Quiet

December Trading Challenge

Prepare to face off against fellow traders in a risk-free, simulated environment to see who comes out on top and wish CASH prizes!

Register Today! Contest Starts Sunday!

 Are you ready to showcase your trading expertise? Cannon Trading is proud to sponsor the CME Group Futures Trading Challenge, where you can compete against traders nationwide, sharpen your strategies, and win exciting prizes.

STARTS

Sunday, December 7th

5:00 p.m. CT / 22:00 UTC

ENDS

Friday, December 12th

12:00 p.m. CT / 17:00 UTC

PRIZE DETAILS

Overall Leaderboard

First Place Prize: $2,500

Second Place Prize: $1,750

Third Place Prize: $1,250

Fourth-Fifteenth Prize: $100 each

Event Information

·    All trades during the competition will be completed in the Challenge Simulator.

·    All traders will begin with a virtual account of $25,000, aiming to maximize their balance by the competition’s close.

·    Cash prizes will be awarded to the top eligible traders with the highest account balances in the Overall Leaderboard (up to 15 total prizes available, each with a cash value as set forth to the right; traders are only eligible for one prize).

Register Today! Contest Starts Sunday!

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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

January Natural Gas

January Natural Gas is accelerating through the second upside PriceCount objective and taking aim at the third count to the 5.63 area. This is consistent with a challenge of the March contract high.

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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.

Brokers Trading System of the Week

Abacus NQ

Markets Traded:   Mini Nasdaq

System Type: Day Trading

Risk per Trade: varies

Trading Rules: Not Disclosed

Suggested Capital: $14,000

Developer Fee per contract: $70 Monthly Subscription

Get Started

Learn More & Detailed Results

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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.

System Trades Disclosure:

System Description

“System Description” is based upon information obtained from specific system marketing documents, system developers and/or system vendors themselves. While the information is believed to be reliable, we cannot guarantee its completeness or accuracy.

Actual Monthly Performance

The table and charts represent the monthly/quarterly/annual summation of actual trades based on system-specified contract(s) executed through Striker Securities, Inc. using the referenced trading system or system vendor for the stated time period. Commissions and monthly vendor fees are deducted from the tabulation. Results are based on 1 contract. If a client trades 2 contracts his gain or loss is twice as displayed (and so on). This table is presented for information purposes only and is not a solicitation for the referenced system or vendor. The purpose of this information is for clients to compare their brokerage statements to what is displayed on Striker’s site. Striker as a matter of policy has no ownership with the referenced system or vendor or any other trading system or vendor.

Past trade history may not be indicative of future results.

The results indicated here may or may not be typical of the performance of this system and, ALTHOUGH WE BELIEVE THIS INFORMATION TO BE ACCURATE, CANNON TRADING COMPANY MAKES NO ENDORSEMENT OF THIS OR ANY SYSTEM NOR WARRANTS ITS PERFORMANCE. This is not the only trading system that Striker executes for its clients. Potential traders should carefully investigate, evaluate and compare trading systems before investing capital. Some or all trading systems may involve an inappropriate level of risk for potential traders. It is the nature of commodity trading that where there is the opportunity for profit, there is also the risk of loss.

In opening an account through CANNON TRADING COMPANY, Customer acknowledges and agrees that he/she will rely solely upon the information that CANNON TRADING COMPANYprovides to you. Thus, all prior third-party materials provided are superseded by the information and disclosures provided by CANNON TRADING COMPANY.

Important Information About this Trading System Analysis

Statistics, tables, charts and other information on trading system monthly performance are based on actual trading unless otherwise specified. Actual dollar and percentage gains/losses experienced by investors would depend on many factors not accounted for in these statistics, including, but not limited to, starting account balances, market behavior, developer fees, incidence of split fills and other variations in order execution, and the duration and extent of individual investor participation in the specified system.

While the information and statistics given are believed to be complete and accurate we cannot guarantee their completeness or accuracy as they results are key punched and subject to human error. Performance information is not the performance of a single account, but a compilation of several accounts over time, and is based on the physical trading ticket. THIS INFORMATION IS PROVIDED FOR EDUCATIONAL/ INFORMATIONAL PURPOSES ONLY AND USED BY CURRENT CLIENTS TO AUDIT THEIR STATEMENTS TO STRIKER SITE. These results are not indicative of, and have no bearing on, any individual results that may be attained by the trading system in the future.

This trading system, like any other, may involve an inappropriate level of risk for prospective investors. THE RISK OF LOSS IN TRADING COMMODITY FUTURES AND OPTIONS CAN BE SUBSTANTIAL AND MAY NOT BE SUITABLE FOR ALL INVESTORS. Prior to purchasing or leasing a trading system from this or any other system vendor or investing in a trading system with a registered commodity trading representative, investors need to carefully consider whether such trading is suitable for them in light of their own specific financial condition. In some cases, futures accounts are subject to substantial charges for commission, management, incentive or advisory fees. It may be necessary for accounts subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. In addition, one should carefully study the accompanying prospectus, account forms, disclosure documents and/or risk disclosure statements required by the CFTC or NFA, which are provided directly by the system vendor and/or CTA’s.

The information contained in this report is provided with the objective of “standardizing” trading systems measurements, and it is intended for educational /informational purposes only. All information is offered with the understanding that an investor considering purchasing or leasing a system must carry out his/her own research and due diligence in deciding whether to purchase or lease any trading system noted within or without this report. This report does not constitute a solicitation to purchase or invest in any trading system which may be mentioned herein. CANNON TRADING COMPANY AND STRIKER SECURITES, INC. MAKES NO ENDORSEMENT OF THIS OR ANY OTHER TRADING SYSTEM NOR WARRANTS ITS PERFORMANCE. THIS IS NOT A SOLICITATION TO PURCHASE OR SUBSCRIBE TO ANY TRADING SYSTEM.

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.

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

Daily Levels for Dec. 8th 2025

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Trading Reports for Next Week

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

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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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Silver and Copper, Crude Oil, March – May Wheat Spread, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on December 4th, 2025

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What You Need to Know!

by Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4198.13 4219.37 4246.33 4267.57 4294.53

Silver (SI)

— Mar. (#SI)

57.49 58.22 58.94 59.66 60.38

Crude Oil (CL)

— Jan (#CL)

57.77 58.44 59.04 59.71 60.31

 Mar. Bonds (ZB)

— Mar (#ZB)

115 30/32 116 9/32 116 19/32 116 30/32 117 8/32

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General:

This morning’s November ADP jobs report was well into negative territory falling to the lowest levels since 2020. The payrolls processing firm reported private companies cut 32,000 workers, with small businesses hit the hardest.

The report’s data were worse than anticipated as the Dow Jones consensus estimate from economists was to see an increase of 40,000 and a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

The ADP report is the last monthly jobs picture the Federal Reserve gets before it meets Dec. 9-10. Futures traders are now assigning a nearly 90% probability that the central bank will approve another quarter percentage point cut, according to the CME Group FedWatch tool:

This month’s release of the Labor Department’s monthly non-farm payrolls report has been moved from its traditional first Friday of the month to Tuesday, December 16, 2025, 7:30 A.M., Central Time. The report is widely considered to be one of the most important and influential measures of the U.S. economy.

More General:

Last Friday, a vital data center used by CME Group, overheated and suffered a more-than-ten-hour outage, shutting down trading at the world’s largest derivatives exchange. On an average day, it processes equity indexes futures and options trades tied to $1.5 trillion of underlying assets, and interest-rate-related trades with a notional value of $9.6 trillion.

While the blow was softened because it came late on Thanksgiving Day, this was the longest outage in recent CME history.

Energies:

In a credible sign that the world’s largest crude importer is nearing peak demand, China’s oil consumption next year – although still growing – will be surpassed by India’s for the first time. This was forecast by Singapore-based Trafigura Group, the world’s second-largest oil trader.

A key component to this, they explain, is that China’s main demand driver for crude – its consumption of road fuels – is weakening as adoption of electric cars and, increasingly, electric trucks has grown rapidly.

Metals:

New front month March silver futures traded to new all-time highs today, trading intraday to $59.65½ per ounce. The move includes a ~$8.00 per ounce move since Mon. Nov 24, a ±$40,000 per contract move for the main 5,000-oz. futures contract.

Driven by persistent concerns over a tightening global supply, March copper futures surged ~15 cents per pound (±2.8%) and traded up to ~4-month highs near $5.40 per pound today.

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March – May Wheat Spread

The March – May Wheat Spread satisfied the first upside PriceCount objective off the August low. The chart is reacting with a short-term correction, which is normal. At this point, if the spread can resume its rally with new sustained highs, the second count would project a possible run to the -5.5 area.

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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 Dec. 4th, 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.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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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Listen to our podcast: Subscribe on AppleSpotify, Amazon

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Range Bound Trading Strategies, NEW Trading Contest, March Soybean Meal, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on December 3rd, 2025

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Range Bound Strategies

by John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Feb(#GC)

4159.60 4200.40 4234.80 4275.60 4310.00

Silver (SI)

— Mar. (#SI)

56.51 57.89 58.61 59.99 60.70

Crude Oil (CL)

— Jan (#CL)

57.48 58.07 58.87 59.46 60.26

 Mar. Bonds (ZB)

— Mar (#ZB)

115 21/32 116 116 6/32 116 17/32 116 23/32

Range-Bound Defined and Best Strategies to Use.

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A range-bound futures market is a market that repeatedly bounces between a clearly defined support and resistance level without making significant net progress in either direction for days, weeks, or even months.

Here are the key characteristics that define a range-bound futures market:

CLICK HERE FOR THE PDF SUMMARY

range
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March Soybean Meal

March Soybean Meal is activating downside PriceCount objectives off the November top. The first count projects a possible slide to the $311 area.

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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 Dec. 3rd, 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.

Economic Reports

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

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Happy Thanksgiving, Traders! Possible market moves, Levels, Reports; Your Important Need-To-Knows for Trading Futures during the Thanksgiving Weekend, 2025

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Thanksgiving Modified Trading Hours

thanksgiving

From all of us at Cannon Trading, we wish you and your families a very Happy Thanksgiving filled with good food, great company, and well-deserved time away from the screens.

We are truly grateful that you continue to trust Cannon Trading with your futures and commodities trading. Whether you’ve been with us for decades or just opened your account this year, your partnership means the world to us and drives us to keep delivering the fastest executions, tightest margins, and the most responsive support in the industry.

As we head into the final stretch of 2025, the futures markets remain full of opportunity ( as well as risks!): record moves in metals, historic volatility in energies, and renewed momentum across the grain and financial complexes. We look forward to standing beside you through every tick, every rollover, and every winning (or learning) trade in the year ahead.

Our trade desk and 24-hour support lines remain available throughout the holiday period should you need anything.

Thank you again for making Cannon Trading part of your trading journey. Here’s to a safe, relaxing Thanksgiving and to crushing the charts together when we’re all back at it!

Wishing you full bellies and fuller accounts,

The Entire Team at Cannon Trading

1-800-454-9572 | support@cannontrading.com

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Some interesting data on the different future markets Year to Date! See the full images below HERE

Keep in mind that while Friday is a short trading week, in past years we saw some large moves on variety of markets on the Friday following Thanksgiving!

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In observance of the Thanksgiving Holiday, the market hours below will be in effect.

Please insure your accounts are fully margined by the early close for both the Thursday and Friday sessions.

Thursday, November 27th

With the exception of CBOT Grains CME Livestock, all markets will open at their regular times for Thursday, Nov. 27th trading.

  • CME Indices and CBOT Interest Rates will close at 12:00 P.M., Central Time

  • NYMEX Energies and COMEX Metals will close at 1:30 P.M., Central Time

  • CME Currencies will close at 4:00 P.M., Central Time

  • Cryptocurrencies will close at 4:00 P.M., Central Time

  • CBOT Grains, CME Livestock, Dairy, and Lumber will be closed

Friday, November 28th

·       CME Livestock will open at 8:00 A.M., Central Time

·       CBOT Grains will open at 8:30 A.M., Central Time

·       CME Lumber will open at 9:00 A.M., Central Time

______________________________________________________________________

·       CME Indices and Interest Rates will close at 12:15 P.M., Central Time

·       NYMEX Energies and COMEX Metals will close at 1:45 P.M., Central Time

·       CME Currencies will close at 1:45 P.M., Central Time

·       Cryptocurrencies will close at 1:45 P.M., Central Time

·       CBOT Gains, CME Livestock and Lumber will close at 12:05 P.M., Central Time

Questions about platforms? Margins? Options & Spreads trading? Indicators?

✅ Schedule a one on one No Obligation Broker Consultation

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Daily Levels for Nov. 27-28th, 2025

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Economic Reports

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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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Bull Markets hanging in there amid 200-day SMA, December Bean Oil, Levels, Reports (!); Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures on November 19th, 2025

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200-day Simple Moving Average (200-day SMA)

The Bull Market at Large

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Dec (GCZ5)

3964.07 4017.03 4050.37 4103.33 4136.67

Silver (SI)

— Dec (SIZ5)

48.35 49.51 50.27 51.43 52.19

Crude Oil (CL)

— Dec (CLZ5)

58.67 59.68 60.26 61.27 61.85

 Dec. Bonds (ZB)

— Dec (ZBZ5)

116 1/32 116 12/32 116 26/32 117 5/32 117 19/32

Bulls are surviving…. For now.

  bull

Financial news networks and pundits are repeating “Bubble” due to the recent sell off in equities, “AI Bubble” Google boss Pichai “AI investment boom has elements of irrationality., “No Firm immune!”  Bob Michele, JPMorgan’s Chief Investment Officer, discusses lessons learned from the Dot.com bubble. Warning shots to be certain and perhaps the market is ripe for a change in tenor.

Rather than a blow the doors off rally or a sideways market (you can make a case the S&P 500 index has been trading in a range since mid-Sep.)

Where is the demarcation line that tells us we are in a Bear market? We are still in a Bull market so I thought I would do a deep dive into the technical indicator that has provided traders with meaningful support for a continuation of a Bull market. Or, once crossed, the resistance and the tenor of a Bear market.

The 200-day Simple Moving Average (200-day SMA) is one of the most widely watched technical indicators in global financial markets, especially for the S&P 500. Its importance comes from a combination of institutional usage, psychological reinforcement, and historical track record. Here’s why it matters so much:

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Quick Historical Examples

  • March 2020: S&P crashed below 200-day → confirmed bear market → trillions in systematic selling.
  • October 2022: Reclaimed the 200-day SMA → signaled new bull market → +45% rally since.
  • 2025 so far: Multiple tests of the rising 200-day were bought aggressively, reinforcing its role as dynamic support.

Bottom Line

The 200-day SMA is not magic, but because so many large players watch it and trade it, it has become one of the most important price levels on the chart. For the S&P 500 right now (November 2025), staying above ≈6,150–6,200 keeps the long-term bull market intact. A sustained break below would be a major warning signal that the character of the market has changed.

Where is the 200 Day today?

As of November 18, 2025 (using the most recent market close on November 17, 2025, as markets are closed over the weekend), the 200-day simple moving average (SMA) for the S&P 500 index is 6,151.63. This value reflects a slight increase of +3.16 (+0.05%) from the prior day, driven by the index’s ongoing bull market momentum.

For context:

  • The S&P 500 closed at 6,672.41 on November 17, trading well above its 200-day SMA (a bullish signal, as the index is approximately 8.5% higher).
  • The 200-day SMA is a widely used long-term trend indicator, calculated as the average closing price over the past 200 trading days.

Mini SP daily chart with the 200 simple moving average below for review!

Plan your trade, trade your plan!

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December Bean Oil

December bean oil is breaking out above the fall highs and is attempting to shift the chart formation back to the topside. The chart has confirmed the first upside PriceCount objective. If the chart can break out and sustain trade above the downtrend and 100 dma, the second count would project a move up to the 53.60 area.

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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 Nov. 19th, 2025

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Economic Reports

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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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Zero-DTE Options: Pros v. Cons, January Lumber, Levels, Reports; Your 5 Important, Can’t-Miss Need-To-Knows for Trading Futures on November 18th, 2025

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Zero-DTE Options

by Ilan Levy-Mayer, VP

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Dec (GCZ5)

3950.57 3995.13 4051.37 4095.93 4152.17

Silver (SI)

— Dec (SIZ5)

48.38 49.17 50.14 50.94 51.91

Crude Oil (CL)

— Dec (CLZ5)

58.65 58.18 59.74 60.27 60.83

 Dec. Bonds (ZB)

— Dec (ZBZ5)

116 116 11/32 116 22/32 117 1/32 117 12/32

zero-dte

Zero-DTE Options: Leveraging CME Liquidity in Volatile Markets

Recent volatility and sharp intraday swings in stock index futures and metals have created unique opportunities for active traders – possibly as an alternative for using futures with a stop loss. One increasingly popular tool for navigating these conditions is Zero-DTE (Zero Days to Expiration) options, available on CME Group’s deep and liquid markets.

What Are Zero-DTE Options?

Zero-DTE options are contracts that expire on the same day they are traded. CME Group offers same-day expiring options on major benchmarks like E-mini S\&P 500, Nasdaq-100, and key metals futures. These instruments allow traders to capitalize on short-term price action while avoiding overnight risk.

Advantages of Using CME Zero-DTE Options

  • Access to Benchmark Liquidity: CME Group provides unmatched liquidity in index and metals options, ensuring efficient execution even during volatile sessions.
  • Defined Risk Profiles for LONG options: LONG Options allow traders to manage exposure with clear maximum loss, unlike outright futures positions.
  • Strategic Flexibility: Ideal for intraday hedging, directional plays, or advanced strategies like spreads and iron condors.
  • Capital Efficiency: Lower upfront cost compared to futures, with margin benefits when combined with CME futures positions.

Key Considerations

  • Rapid Time Decay: With only hours to expiration, options lose value quickly if the market doesn’t move as anticipated.
  • Gamma Sensitivity: Price changes in the underlying can lead to significant swings in option value.
  • Execution Discipline: Liquidity is strong, but spreads can widen near expiration—precision matters.
  • Risk Management: Fast-moving markets require a clear plan and strict controls.

Consult with a Broker

Zero-DTE options on CME Group products can be powerful tools for active traders, but they require knowledge and discipline. Our experienced brokers can help you evaluate strategies, manage risk, and take full advantage of CME’s liquidity and product depth. Contact us today to learn more.

✅ Schedule a one on one No Obligation Broker Consultation

January Lumber

January Lumber is completing the third downside PriceCount objective. It would be normal to get a near term reaction from this level in the form of a consolidation or corrective trade, at least. At this point, IF the chart can sustain another leg down, we are left with the low percentage fourth count to aim for in the 454 area.

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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 Nov. 18th, 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.

Economic Reports

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Every Major Type of Futures Trading Explained: From Day Trading to Algorithmic Strategies

futures trading

 

Futures Trading

futures trading

 

futures trading

 

Futures markets are dynamic arenas where traders speculate, hedge, and invest across commodities, indices, currencies, and more. The approaches to futures trading are as diverse as the markets themselves — ranging from fast-paced day trading to long-term position trading, and from discretionary methods to cutting-edge algorithmic systems.

In this article, we’ll explore every major type of futures trading in detail — what defines each, how they work, and which styles suit different trader profiles. Whether you’re just starting trading in futures or already deep into advanced automation, understanding these approaches can help refine your strategy and results.

Try a FREE Demo!

 

1. Day Trading Futures

Definition:
Day trading in futures is all about capitalizing on intraday price movements. Traders buy and sell contracts within the same session, closing all positions before the market ends.

Core Features:

  • Positions are opened and closed within minutes or hours.
  • Traders rely heavily on real-time technical analysis and order flow.
  • High-frequency decision-making and execution speed are critical.

Common Methods:

  • Scalping: Executing numerous small trades to profit from tiny price moves.
  • Momentum trading: Entering trades during strong directional pushes.
  • Breakout trading: Acting when prices breach key levels of support or resistance.

Advantages:

  • No overnight risk from global market gaps.
  • Highly liquid markets like E-mini S&P 500, crude oil, and gold offer tight spreads.

Risks:

  • Requires precision and emotional discipline.
  • Frequent trades can lead to higher commissions and fatigue.

Ideal for: Traders who thrive in fast-paced environments and use advanced platforms for futures trading execution.

2. Swing Trading Futures

Definition:
Swing traders hold futures positions for several days or weeks, seeking to capture short- to mid-term trends rather than intraday volatility.

Core Features:

  • Combines technical and fundamental analysis.
  • Positions last long enough to benefit from established market swings.
  • Traders use stop-loss and profit targets wider than those of day traders.

Techniques:

  • Trend-following with moving averages.
  • Retracement or reversal entries using Fibonacci levels.
  • Chart patterns like triangles or head-and-shoulders setups.

Advantages:

  • Fewer trades and less screen time.
  • Potential to capture larger percentage moves in price.

Risks:

  • Overnight gaps can affect performance.
  • Requires patience and strong risk management.

Ideal for: Professionals who cannot monitor markets constantly but still want meaningful participation in trading in futures.

3. Position Trading Futures

Definition:
Position trading involves holding futures contracts for weeks, months, or even longer — targeting large, fundamental price trends.

Core Features:

  • Focus on macroeconomic factors, such as interest rates, supply-demand cycles, and global sentiment.
  • Traders often “roll over” expiring contracts to maintain exposure.

Techniques:

  • Fundamental trend analysis using global data.
  • COT (Commitment of Traders) reports for institutional sentiment.
  • Seasonal trading in commodities (e.g., grains, natural gas).

Advantages:

  • Big reward potential from major market cycles.
  • Less emotional decision-making due to long-term perspective.

Risks:

  • High margin requirements.
  • Prolonged exposure to market and policy shifts.

Ideal for: Investors and institutions involved in strategic futures trading over macroeconomic cycles.

4. Algorithmic (Algo) Futures Trading

Definition:
Algorithmic trading, or “algo trading,” uses computer programs to automatically execute trades based on coded strategies.

Core Features:

  • Removes emotional bias and executes trades at machine speed.
  • Can scan multiple markets simultaneously.
  • Commonly used by funds and proprietary firms.

Popular Models:

  • Trend-following algos: Ride sustained market momentum.
  • Mean reversion systems: Bet on prices reverting to their average.
  • Arbitrage algorithms: Exploit price discrepancies across exchanges.

Advantages:

  • High accuracy and backtesting capability.
  • Round-the-clock monitoring of global markets.

Risks:

  • Model errors or faulty data can trigger rapid losses.
  • Requires technical expertise and system maintenance.

Ideal for: Quantitative traders, developers, and firms embracing automation in trading futures.

5. Systematic Futures Trading

Definition:
Systematic trading relies on a set of predetermined rules and quantitative models to generate trade signals. It’s the foundation for most professional futures trading systems.

Core Features:

  • Fully rule-based decision-making process.
  • Can be executed manually or automatically.

Examples of Systems:

  • Moving average crossovers.
  • Volatility breakout strategies.
  • Trend channel trading.

Advantages:

  • Removes emotion from trading.
  • Backtestable and easy to scale across instruments.

Risks:

  • Performance can deteriorate when markets shift regimes.
  • Requires periodic optimization and review.

Ideal for: Traders seeking long-term consistency and structure in trading in futures.

6. Discretionary Futures Trading

Definition:
Discretionary traders use experience, intuition, and interpretation rather than fixed systems to make trading decisions.

Core Features:

  • Combines technical setups, market news, and sentiment analysis.
  • Entry and exit decisions are made manually.

Advantages:

  • Highly flexible; allows adaptation to unique market conditions.
  • Intuitive recognition of patterns beyond algorithmic logic.

Risks:

  • Emotional decisions may lead to inconsistency.
  • Hard to backtest or delegate.

Ideal for: Experienced individuals who have mastered their emotional discipline and chart interpretation.

7. Spread Trading Futures

Definition:
Spread trading involves taking offsetting long and short positions in related futures contracts to profit from price differentials rather than outright price direction.

Common Types:

  • Calendar spreads: Buying one month’s contract and selling another.
  • Inter-market spreads: Trading two correlated commodities (e.g., long corn, short wheat).
  • Inter-exchange spreads: Arbitrage between exchanges.

Advantages:

  • Lower volatility than directional trades.
  • Smaller margin requirements.

Risks:

  • Narrow profit potential.
  • Spread relationships can widen unexpectedly.

Ideal for: Intermediate traders who prefer lower-risk strategies in futures trading.

8. High-Frequency Futures Trading (HFT)

Definition:
HFT uses ultra-fast algorithms and low-latency connections to capture small price inefficiencies in milliseconds.

Core Features:

  • Focused on microstructure of markets.
  • Executes thousands of trades per day.

Advantages:

  • Tiny profits magnified by massive volume.
  • Minimal human involvement.

Risks:

  • High infrastructure costs.
  • Dependent on technological edge and regulation.

Ideal for: Institutional participants and prop firms equipped with advanced connectivity.

9. Hedging Futures Trading

Definition:
Hedging uses futures contracts to protect against unfavorable price movements in physical assets or investment portfolios.

Examples:

  • A farmer sells corn futures to lock in harvest prices.
  • A fund buys S&P 500 futures to hedge equity exposure.

Advantages:

  • Reduces risk and stabilizes returns.
  • Allows better financial planning.

Risks:

  • Limits upside potential.
  • Requires accurate hedge ratio calculation.

Ideal for: Commercial entities and portfolio managers mitigating exposure through trading futures.

10. Quantitative Futures Trading

Definition:
Quantitative trading combines mathematics, statistics, and machine learning to design predictive trading models.

Core Features:

  • Data-driven; uses historical and real-time data for optimization.
  • Often overlaps with algorithmic and systematic strategies.

Advantages:

  • Objective, scalable, and research-based.
  • Enables diversification across markets.

Risks:

  • Models can fail in extreme volatility or low liquidity.
  • Requires continuous validation.

Ideal for: Data scientists and institutional desks focused on predictive futures trading models.

11. News-Based Futures Trading

Definition:
News-based traders act on price volatility triggered by economic releases, earnings, or geopolitical events.

Core Features:

  • Short-term trading around announcements (like CPI, FOMC, or inventory data).
  • Relies on fast execution and market awareness.

Advantages:

  • High potential during volatility bursts.
  • Can be automated for event-based responses.

Risks:

  • Slippage and widening spreads can occur.
  • Requires speed and timing precision.

Ideal for: Traders with access to fast data feeds and economic calendars.

12. Arbitrage Futures Trading

Definition:
Arbitrage exploits pricing inefficiencies between related instruments or markets to generate low-risk profits.

Examples:

  • Cash-and-carry arbitrage: Buying spot and selling futures when futures trade above fair value.
  • Statistical arbitrage: Pair trading correlated instruments.

Advantages:

  • Low directional exposure.
  • Reliable when opportunities exist.

Risks:

  • Execution delay can erase profit margin.
  • Rare opportunities in highly efficient markets.

Ideal for: Institutional or quantitative traders with robust execution infrastructure.

13. Social and Copy Futures Trading

Definition:
A modern trend in trading in futures, social or copy trading allows users to replicate trades of experienced professionals through integrated brokerage platforms.

Core Features:

  • Leverages collective insights.
  • Provides learning opportunities for beginners.

Advantages:

  • Easier entry point for new traders.
  • Real-time exposure to proven strategies.

Risks:

  • Over-reliance on others’ decisions.
  • Results depend entirely on chosen signal providers.

Ideal for: New traders looking to learn futures trading while participating in live markets.

Choosing the Right Futures Trading Style

Each method of trading futures comes with distinct benefits and challenges. The key is matching your capital, risk tolerance, and lifestyle to the right approach.

Trading Style

Holding Period Main Tools Best For
Day Trading Minutes–Hours Charts, order flow Active traders
Swing Trading Days–Weeks Technical + Fundamental Balanced traders
Position Trading Weeks–Months Macroeconomics Long-term investors
Algorithmic / Systematic Milliseconds–Days Data models Quant traders
Discretionary Variable Experience + Intuition Veteran traders
Spread / Hedging Weeks–Months Correlation analysis Risk managers
Arbitrage / Quantitative Seconds–Days Statistical models

Institutions

 

 

 

 

 

 

 

 

The best strategy often blends multiple approaches — for example, combining systematic entry rules with discretionary exits, or using algo-driven signals to refine swing trades. The diversity of trading in futures strategies is what makes the market both challenging and rewarding.

The Power of Strategy in Futures Trading

Success in futures trading doesn’t come from predicting every market move but from developing a structured plan and following it with consistency. The type of strategy you choose defines your routine, tools, and mindset.

Whether you prefer the adrenaline of day trading, the structure of systematic models, or the depth of position trading, remember that risk management and discipline are the true foundations of profitable trading in futures.

Start Trading Futures with Cannon Trading Company

 

futures trading

futures trading

For over 35 years, Cannon Trading Company has been a trusted name in the U.S. futures industry — offering access to powerful platforms, transparent pricing, and personalized support. Whether you’re exploring algorithmic trading, discretionary trading in futures, or professional futures trading for hedging and speculation, Cannon Trading’s experienced brokers and platform variety help you trade smarter and safer.

Explore the next level of trading futures with tailored brokerage solutions, competitive margins, and dedicated customer service — all under one roof.

Open a Futures Trading Account with Cannon Trading Company and experience the difference that expertise and technology make.

Ready to start trading futures? Call us at 1(800)454-9572 (US) or (310)859-9572 (International), or email info@cannontrading.com to speak with one of our experienced, Series-3 licensed futures brokers and begin your futures trading journey with Cannon Trading Company today.

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involve substantial risk of loss and are not suitable for all investors. Past performance is not indicative of future results. Carefully consider if 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.

Important: Trading commodity futures and options involves a substantial risk of loss. The recommendations contained in this article are opinions only and do not guarantee any profits. This article is for educational purposes. Past performances are not necessarily indicative of future results.

This article has been generated with the help of AI Technology and modified for accuracy and compliance.

Follow us on all socials: @cannontrading

FNDLTD! First Notice Last Trading Days, December Wheat, NEW WEBINAR, Levels, Reports; Your 5 Important Must-Knows for Trading Futures on November 4th, 2025

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Wheat Outlook, First Notice Days & Last Trading Days (FNDLTD)

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Dec (GCZ5)

3940.30 3981.10 4012.10 4052.90 4083.90

Silver (SI)

— Dec (SIZ5)

47.14 47.60 48.22 48.67 49.29

Crude Oil (CL)

— Dec (CLZ5)

60.01 60.51 61.00 61.50 61.99

 Dec. Bonds (ZB)

— Dec (ZBZ5)

116 19/32 116 29/32 117 8/32 117 18/32 117 29/32

FNDLTD:

fndltd

Below are the contracts which are entering First Notice or Last Trading Day (FNDLTD) for November.

Be advised, the contracts below are deliverable. It is requested that all LONG positions be exited two days prior to First Notice and ALL positions be exited the day prior to Last Trading Day.

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Cash Settled

Below are the contracts which are cash settled for November.

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December Wheat

December wheat satisfied the third upside PriceCount objective off the October low. It would be normal for the chart to get a near term reaction in the form of a consolidation or corrective trade form this level, at least. IF you can sustain further upside, we are left with a low percentage fourth count to aim for in the 5.97 area.

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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 Nov. 4th, 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.

Economic Reports

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

provided by: ForexFactory.com

All times are Central Time ( Chicago)

1dcac795 292a 4200 b6a2 5a7dc019a2f2

Find us on Trustpilot

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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.

Join our Private Facebook group

Subscribe to our YouTube Channel

Listen to our podcast: Subscribe on AppleSpotify, Amazon

or wherever you listen to podcasts!

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Trading Classification for Beginners, December Dollar Index, NEW Webinar Nov. 12th, Levels, Reports; Your 5 Important Must-Knows for Trading Futures on October 31st, 2025

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Classify the Trading Day

By Ilan Levy-Mayer, VP

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Dec (GCZ5)

3886.53 3961.37 3999.93 4074.77 4113.33

Silver (SI)

— Dec (SIZ5)

46.47 47.59 48.21 49.33 49.95

Crude Oil (CL)

— Dec (CLZ5)

59.07 59.66 60.22 60.81 61.37

 Dec. Bonds (ZB)

— Dec (ZBZ5)

116 28/32 117 8/32 117 22/32 118 2/32 118 16/32

Classify the trading day — quick guide for beginners

trading

Knowing the day type early helps you pick the right strategy: fade on choppy days, trend-follow on volatile days, and use spreads or small size on mixed/news days.

Simple pre-open checks (do these first)

  • Gap size: big gap → possible trend; small gap → likely chop.
  • Pre-market volume: heavy and one-sided → continuation bias; thin → false breaks.
  • News: major headlines → higher odds of volatility.
  • Correlated markets: bonds, oil, FX aligned with equities → directional day.

First 15 minutes checks

  • Open auction: clean one-sided auction + follow-through → trending; repeated rejections → choppy.
  • VWAP action: price runs away from VWAP → trend; price crossing VWAP repeatedly → mean reversion.
  • Open range vs ATR: open range large vs ATR → favor momentum; small → favor range trades.

Fast decision rules

  • If 3+ trending signals → use breakout/momentum play with trailing stop.
  • If 3+ non-trending signals → use small targets, fade to VWAP/open range.
  • If mixed or headline-driven → cut size, use same‑day options or trade spreads.

Beginner checklist (60 seconds)

  1. Gap: big / small.
  2. Pre-market volume: heavy / thin.
  3. News present: yes / no.
  4. First 15 min: follow-through / oscillation.
  5. If majority = trend → trend plan. If majority = chop → fade plan.

Start small, follow these checks every morning, and track which signals worked so you can refine thresholds over time.

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Dec. Dollar Index

The December dollar index completed its second upside PriceCount objective to the 99.60 level which is consistent with a challenge of the August reversal high. If the chart can break out from here with new sustained highs, the third count would project a possible run to the 101.395 area.

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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 Oct. 30th, 2025

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Economic Reports

 U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation

provided by: ForexFactory.com

All times are Central Time ( Chicago)

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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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