Futures Trading

Automated Futures Trading

futures trading

futures trading

The landscape of modern finance has been fundamentally reshaped by the rise of automated futures trading. No longer the exclusive domain of institutional giants and high-frequency hedge funds, systematic execution has become the gold standard for traders seeking precision, speed, and emotional discipline. As we navigate the complexities of 2026, the integration of artificial intelligence and low-latency infrastructure has turned futures trading into a high-tech discipline where the right partnership with a brokerage can make the difference between a failing strategy and a flourishing portfolio.

Learn More HERE

The Technological Frontier of Automated Futures Trading

The current era of automated futures trading is defined by a shift from static, rule-based systems to dynamic, self-evolving algorithms. Historically, a trading bot might have been programmed with a simple instruction: “If the 50-day moving average crosses the 200-day moving average, buy one E-mini S&P 500 contract.” Today, the technology has transcended these linear boundaries.

Machine Learning and Predictive Analytics

Modern systems now leverage supervised and unsupervised machine learning models. These algorithms do not just follow a set of instructions; they analyze terabytes of historical and real-time data from the CME (Chicago Mercantile Exchange) to identify non-linear patterns. For instance, an algorithm might detect that a specific volatility signature in the 10-Year Treasury Note futures often precedes a price breakout in equity indices. By training on decades of tick data, these systems can adjust their entry and exit parameters in real-time to account for shifting market regimes.

Infrastructure and Low-Latency Execution

In the world of futures trading, speed is measured in microseconds. The technological advancement of co-location—placing a trading server in the same data center as the exchange’s matching engine—has become essential. For example, by co-locating near the CME Globex servers in Aurora, Illinois, traders can minimize “slippage,” which is the difference between the expected price of a trade and the price at which the trade is actually executed. This infrastructure ensures that when an automated signal is triggered, the order reaches the exchange before the market has a chance to move against the position.

Artificial Intelligence and Machine Learning in Automated Futures Trading

One of the most significant advancements in automated futures trading is the integration of artificial intelligence (AI) and machine learning (ML).

How AI Is Reshaping Futures Trading

Modern systems can:

  • Analyze historical and real-time tick data
  • Detect non-linear relationships between markets
  • Adapt to volatility regime changes
  • Optimize parameters dynamically

Unlike traditional rule-based systems, machine learning models can retrain themselves as new data becomes available. In futures trading, this adaptability can be critical during economic shifts, interest rate changes, or geopolitical events.

For example, a volatility-adaptive strategy in automated futures trading might automatically reduce position size during unexpected CME-reported margin changes or increased market volatility. This type of dynamic risk management was difficult to implement in older systems.

Broker Support for AI-Driven Systems

A broker plays a vital role in enabling AI-powered automated futures trading. This includes:

  • Providing high-quality historical CME data for model training
  • Offering API access for algorithm deployment
  • Ensuring low-latency routing for real-time execution
  • Supporting platform integrations such as CQG-based infrastructure

Cannon Trading Company assists traders in connecting algorithmic systems to professional-grade platforms, helping ensure that automated futures trading systems operate efficiently within exchange specifications.

Low-Latency Infrastructure and Co-Location

Speed remains one of the defining elements of automated futures trading. In highly liquid futures trading contracts—such as E-mini S&P 500 futures—microseconds can matter.

Technological Advancements in Execution Speed

Modern advancements include:

  • Fiber-optic connectivity
  • Microwave transmission lines
  • Exchange co-location services
  • Hardware acceleration

Co-location allows automated futures trading systems to operate physically close to exchange servers, reducing latency and improving fill consistency.

For traders running arbitrage, spread trading, or order book imbalance strategies, these improvements significantly impact performance in futures trading environments.

How Brokers Help With Infrastructure

A knowledgeable broker can:

  • Facilitate access to co-location services
  • Assist with routing configuration
  • Provide guidance on order types supported by CME
  • Ensure compliance with exchange rules

Cannon Trading Company works with traders using high-speed execution strategies, ensuring that their automated futures trading systems align with exchange connectivity standards and margin requirements.

Advanced Order Types and Smart Routing

The CME continues to enhance electronic functionality, and modern automated futures trading systems now use advanced order types such as:

  • Iceberg orders
  • Stop-limit orders
  • Trailing stops
  • Market-if-touched (MIT) orders
  • Algorithmic execution orders

These tools allow traders to minimize slippage and reduce market impact.

Smart Order Routing

Smart routing technology in automated futures trading enables systems to:

  • Detect liquidity pockets
  • Avoid thin order book zones
  • Optimize entry and exit timing

In high-volume futures trading contracts, intelligent routing can dramatically improve execution quality.

Broker Assistance in Order Optimization

A broker helps traders:

  • Understand which advanced order types are supported
  • Configure automated order logic
  • Monitor rejected or partial fills
  • Troubleshoot execution anomalies

Cannon Trading Company provides personalized support, helping traders align automated futures trading systems with proper order handling and execution standards.

Cloud Computing and Data Analytics

Cloud technology has become a cornerstone of automated futures trading development.

Benefits of Cloud Infrastructure

Modern automated futures trading systems leverage cloud environments for:

  • Massive historical data storage
  • Distributed backtesting
  • Strategy optimization across multiple instruments
  • Remote system monitoring

Cloud-based futures trading allows traders to deploy systems without maintaining physical servers.

Broker Role in Data Access

Reliable futures trading depends on accurate and timely data. Brokers facilitate:

  • CME market data subscriptions
  • Historical tick data access
  • Real-time streaming feeds
  • Risk reporting dashboards

Cannon Trading Company ensures clients have access to institutional-grade data solutions necessary for building and maintaining automated futures trading systems.

Risk Management Automation

Automation is not just about entry and exit signals. Risk control is one of the most important advancements in automated futures trading.

Modern Risk Controls Include:

  • Real-time margin monitoring
  • Auto-liquidation safeguards
  • Volatility-based position sizing
  • Portfolio-level exposure limits

Futures trading carries leverage risk, and automated risk controls help reduce catastrophic losses.

Broker Support in Risk Monitoring

A broker provides:

  • Margin updates from CME
  • Intraday risk alerts
  • Account performance analytics
  • Regulatory compliance oversight

Cannon Trading Company’s risk management infrastructure helps traders integrate automated futures trading systems while maintaining disciplined oversight.

Integration With Professional Trading Platforms

Automated futures trading now integrates seamlessly with professional-grade platforms such as CQG-based systems, which offer:

  • Advanced charting
  • API access
  • Strategy automation modules
  • Custom scripting environments

These platforms allow traders to design, test, and deploy automated futures trading strategies directly within professional ecosystems.

Cannon Trading Company supports traders using such platforms and offers technical guidance on platform configuration and execution.

How Your Broker Navigates Technological Advancements

A premier brokerage does not simply provide a gateway to the markets; it acts as a technological liaison. Navigating the advancements in automated futures trading requires more than just a fast internet connection; it requires a broker that provides the “plumbing” for sophisticated strategies.

API Integration and Custom Environments

Advanced brokers offer robust Application Programming Interfaces (APIs) that allow traders to connect their custom-coded scripts—written in Python, C++, or Java—directly to the market. This is where E-futures platforms shine. By providing a stable API environment, a broker ensures that your automated futures trading logic can communicate seamlessly with the exchange’s order book. This prevents the “hanging order” syndrome, where a strategy sends a command that the broker’s server fails to process due to outdated software architecture.

Enhanced Risk Management Protocols

As automation increases, the risk of “runaway algorithms” also grows. Leading brokers have integrated server-side risk controls that act as a fail-safe. If an automated system begins to malfunction—perhaps by sending too many orders in a single second or exceeding a pre-set loss limit—the broker’s infrastructure can automatically “kill” the strategy and flatten all open positions. This level of institutional-grade protection is a cornerstone of professional futures trading.

Access to Specialized Products like E-mini and Micro Contracts

Brokers help traders scale their automation by providing access to various contract sizes. The introduction of E-mini and Micro E-mini contracts by the CME has revolutionized the space. Your broker helps you navigate these by allowing your automated systems to “ladder” into positions. An algorithm might be programmed to start a position with Micro contracts and only scale into the full-sized E-mini contracts once the trade has moved into a specific profit threshold.

Why Cannon Trading Company has been a Top Choice for Decades

futures trading

futures trading

For nearly 40 years, Cannon Trading Company has remained at the forefront of the industry. Since its founding in 1988, the firm has transitioned through the era of pit trading into the digital revolution of automated futures trading without losing its core identity.

Stability and Longevity in a Volatile Industry

While many “flash-in-the-pan” brokerages have disappeared during market crashes, Cannon Trading Company has provided a stable harbor for traders since 1988. This longevity is a testament to their conservative management and commitment to regulatory compliance. They are a long-standing member of the National Futures Association (NFA) and registered with the Commodity Futures Trading Commission (CFTC).

The Hybrid Service Model

What sets Cannon Trading Company apart is its unique blend of cutting-edge technology and human expertise. In an age where most brokers have replaced their support staff with chatbots, Cannon provides a licensed broker to answer the phone. For those engaged in automated futures trading, this is invaluable. If a technical glitch occurs or a global news event creates unprecedented volatility, having a “real person” at the trade desk who understands the nuances of the CME markets can be the difference between a minor hiccup and a catastrophic loss.

Unmatched Platform Diversity

Cannon Trading Company does not force traders into a “one size fits all” box. They offer access to over a dozen different trading platforms, including E-futures, Sierra Chart, and MultiCharts. This diversity allows a trader to select the specific environment that best supports their automated logic. Whether you need the heavy-duty backtesting capabilities of a quant-focused platform or the streamlined execution of a mobile-friendly interface, Cannon provides the tools.

Reputation and Verified Success

According to reviews on Trustpilot, Cannon Trading Company consistently maintains one of the highest ratings in the brokerage industry. Traders frequently cite their transparency regarding fees and their proactive approach to customer service. In the world of futures trading, where trust is the primary currency, Cannon’s reputation for integrity is their most valuable asset.

Strategic Implementation of Automated Systems

Implementing automated futures trading requires a disciplined approach to strategy development. The most successful traders follow a rigorous pipeline that involves data acquisition, backtesting, and forward-testing (paper trading).

Backtesting with Historical CME Data

Before any capital is risked, a strategy must be tested against historical data provided by the CME. This allows the trader to see how the algorithm would have performed during historical events like the 2008 financial crisis or the 1987 crash. Cannon Trading Company assists by providing high-quality historical data feeds that ensure the backtest is as accurate as possible.

Optimizing for LLM and Geo-Location

In 2026, the intersection of Large Language Models (LLMs) and trading is becoming a reality. Advanced traders are using LLMs to scan global news sentiment and feed that data as a “feature” into their automated systems. Geographically, as trading moves to a global 24/7 model, the ability of a broker like Cannon Trading Company to provide around-the-clock support is no longer a luxury—it is a requirement.

FAQ: Automated Futures Trading

What is the minimum capital required for automated futures trading?

While it varies by broker, many traders start with Micro E-mini contracts which require significantly less margin than standard contracts. Cannon Trading Company offers competitive margin rates to help traders of all sizes get started.

Can I automate my trading without knowing how to code?

Yes. Many platforms offered by Cannon Trading Company, such as MultiCharts, provide “point-and-click” strategy builders or use simplified scripting languages that are accessible to non-programmers.

Is automated futures trading safer than manual trading?

“Safety” is relative. Automation removes emotional errors like “revenge trading,” but it introduces technical risks like connectivity issues. Using a broker with a 24-hour trade desk, like Cannon Trading Company, mitigates these technical risks.

What are the most common automated strategies for the CME markets?

Common strategies include trend following (riding a price move), mean reversion (betting that price will return to an average), and arbitrage (exploiting price differences between related contracts like the E-mini S&P 500 and its Micro counterpart).

How does Cannon Trading Company handle technical support for APIs?

Cannon provides dedicated technical support to help traders troubleshoot API connectivity and ensure their automated systems are communicating correctly with the E-futures servers.

Are there hidden fees in automated trading?

Professional brokers like Cannon Trading Company are transparent about their costs. Costs typically include commissions per contract, exchange fees from the CME, and potentially a platform or data fee.

Try a FREE Demo!

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

 

The Week Ahead: 10 Fed Speeches PLUS: State of the Union address Tuesday, Tradingview Indicators, May Soybeans, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures the Week of February 23rd, 2026

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Cannon Futures Weekly Letter

In Today’s Issue #1279

  • The Week Ahead – Iran Deadline, State of Union, Fed Speeches

  • Futures 101 – Trading Signals AVAILABLE on TradingView!

  • Cannon Edge – Your Futures trading Map for the week ahead!

  • Hot Market of the Week – May Soybeans

  • 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)

— April (#GC)

4956.43 5035.97 5078.83 5158.37 5201.23

Silver (SI)

— Mar. (#SI)

74.72 79.47 82.03 86.77 89.33

Crude Oil (CL)

— April. (#CL)

65.19 65.79 66.41 67.01 67.63

 Mar. Bonds (ZB)

— Mar. (#ZB)

116 18/32 117 117 15/32 117 29/32 118 12/32

What Futures Traders Should Watch This Week

By John Thorpe, Senior Broker

fed

Shutdown? 10 Fed Speeches, including State of The Union

The Stalemate on Capitol Hill festers, how long will the “essential” employees go without pay before the safety of our air traffic system falters? 10 fed speeches for the market to digest. Speaking of digesting, some investors may need antacid while others will be celebrating like a tailgate party at the national championship game.

Tuesday, President Trump will be presenting the State of the Union Address to the Congress divided. Bring your popcorn.

Whether the event is positive or negative will be provided by the evening session, real time, tune into your trading platforms to view any potential fireworks.  Re: the Fed, of note, there will be 10 Fed speakers during daytime trading hours throughout the week. (see below for times)

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

Earnings Next Week:

·        Mon. Dominion Resources

·        Tue. Home Depot, Realty Income, American Tower

·        Wed. Nvidia, HSBC Holdings, TJX Companies, Lowe’s

·        Thu.  Salesforce, Intuit, Dell, Vistra

·        Fri. Quiet

FED SPEECHES: (all times CST)

·        Mon.  Waller 7:00am

·        Tues.  Goolsbee 7:00 am, Bostic 8:00, Collins 8:00, Waller 8:15, Cook 8:30

·        Wed. Barkin 8:45 am, Musalem 12:20

·        Thu. Bowman 9:00 am

·        Fri.  Jefferson 11:00 am

Econ Data: (all times CST)

·        Mon. Natl Activity Index, Factory Orders, Dallas Fed

·        Tue. Redbook YoY, Case Shiller, Consumer Conf, Dallas Fed svcs,

·        Wed. EIA Crude stocks.

·        Thu. Jobless claims, Nat Gas Stocks,

·        Fri. Core PPI, CHGO PMI, Construction Spending, Baker Hughes Rig count

 Unlock Your Edge with Premium TradingView Indicators 

Ready to level up your trading game? Our proprietary indicator suite is now available on TradingView—designed for traders who want clarity, precision, and confidence.

✅ 5 custom-built studies powered by mathematical algorithms

✅ Works on any market, any timeframe

✅ Includes early trend and counter-trend signals

✅ Plug-and-play setup—no coding required

✅ Full access to concept explanations and usage tips

Whether you’re day trading or swing trading, these tools can help you spot high-probability setups and avoid common traps – an example of the way signals look below!

 Try them FREE and see why serious traders trust our edge.

·     SIGN UP HERE FOR 3 WEEK FREE TRIAL. 

WATCH VIDEO BELOW BY CLICKING ON THE IMAGE!

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQG.

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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

 May Soybeans

 

May soybeans satisfied the second upside PriceCount objective to the $11.61 area and are now reacting with a potential key reversal to the downside. At this point, IF the chart can sustain further upside, the November highs would be the next layer of overhead to contend with before any possibility of taking aim at the third count.

 Learn more spreads and seasonal patterns in commodity futures HERE

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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 Raider Xtreme Trading System

System Description

Market Sector: Stock Indexes

Markets Traded:  NQ ,

System Type: Day Trading

Suggested Capital: $9,500

Developer Fee per contract: $175.00 Monthly Subscription

A day trading system currently traded by the developer who has 15+ years’ experience. It is based on the successful Abacus Raider NQ system but expanded significantly to generate an average of 15-25 trades a month.

By utilizing negative correlations between positions, a low level of capital requirement is retained but with greatly increased profit potential over time.

All trades are strictly limited to a duration of only a few minutes to minimize risk and provide an unparalleled risk/reward profile. The system is available in the NQ market only (no MNQ).

Get Started

Learn More

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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 Feb. 23rd, 2026

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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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METALS have ENTERED THE CHAT!!!! PLUS: Copper, May Canola, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on February 19th, 2026

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Short trading Week

By Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4803.90 4902.70 4967.30 5066.10 5130.70

Silver (SI)

— Mar. (#SI)

69.86 73.53 75.93 79.60 82.00

Crude Oil (CL)

— Mar. (#CL)

60.84 63.04 64.23 66.43 67.62

 Mar. Bonds (ZB)

— Mar. (#ZB)

117 4/32 117 11/32 117 23/32 117 30/32 118 10/32

General:

Yesterday and today, four holidays from different cultures and religions overlapped in a rare calendar-timed line-up thanks to several long solar, lunar and lunisolar calendar cycles. So . . .

  • Happy Lunar New Year (yesterday)

  • Happy Fat Tuesday/Mardi Gras (yesterday)

  • Happy Ash Wednesday

  • Happy 1st day of Ramadan.

Metals:

metals

With metals prices dominating futures traders’ headspace, it was notable that UBS, the multinational investment bank and financial services firm based in Switzerland, gave a “what’s next for commodities,” update this week and metals took center stage. UBS is the world’s largest private bank with over $6.1 trillion in assets. It manages the largest amount of private wealth in the world and is a leading market maker. So, their insights are probably worth monitoring.

Here are a few highlights:

Copper

After copper futures prices hit a record high in late January before consolidating, UBS projects, “further supply shortages for copper . . . . that should support prices over the medium term, while structural drivers (e.g., electrification) underpin long-term demand.

Precious metals futures prices including gold, while volatile, rose in January as political, geopolitical, and economic uncertainties drove “safe haven” demand. The bank “see(s) gold resuming its climb, rising as high as $6,200/oz by mid-year, supported by central bank and investor demand, large fiscal deficits, lower real U.S. interest rates, and geopolitical risks.”

Metals 2026

In short, they believe fundamentals remain supportive for the metals sector. More broadly, their view is that “commodities are set to play a more prominent role in portfolios in 2026, in our view, offering diversification amid supply-demand imbalances, geopolitical risks, and the global energy transition. We like broad commodity exposure, and continue to favor gold, which we see as an attractive hedge.”

New 100 ounce Silver contract! This contract is now available on our FREE CannonX platform with symbol SICH26. Demo available here.

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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May Canola

The rally in May canola has broken out above the November high, opening the topside for a run to the third upside PriceCount objective to the 686 area. It would be normal for the chart to react from this level in the form of a near term or corrective trade, at least. At this point, IF you can sustain further upside we are left with the low percentage fourth upside count to aim for in the 773 area.

FREE TRIAL AVAILABLE

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for February 19th, 2026

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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

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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 Tomorrow PLUS: Lunar New Year Notice, Dual Dissent Comparison, Levels, Reports; Your 5 Important Can’t-Miss Need-To-Knows for Trading Futures on February 18th, 2026

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FOMC Approaching!

Lunar New Year Holiday Notice – Hong Kong & China

Please note that February 17–19 is a public holiday in Hong Kong and China in observance of the Lunar New Year.

We wish all our traders across the Far East a Happy Lunar New Year and a prosperous year ahead.

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4721.33 4808.67 4951.53 5028.87 5161.73

Silver (SI)

— Mar. (#SI)

67.88 70.55 74.49 77.16 81.09

Crude Oil (CL)

— Mar. (#CL)

60.43 61.31 62.63 63.51 64.83

 Mar. Bonds (ZB)

— Mar. (#ZB)

117 9/32 117 19/32 118 118 10/32 118 23/32

FOMC Minutes Ahead!

By John Thorpe, Senior Broker

fomc

Tomorrow marks the first time this year investors receive the fed minutes from the January 26-27 meeting. Additional volatility could be the order of the final hours of trading tomorrow as these minutes included 2 dissenting opinions.

Based on FOMC press releases, the eight FOMC meetings in 2025 saw significant divisions, with nine total dissents among 95 votes cast, making unanimous decisions relatively rare. Dissenting votes occurred in multiple 2025 meetings, including two at the July meeting and two at the October meeting, reflecting high disagreement.

In July 2025, a rare dual dissent occurred with two governors opposing a rate decision.

It had been more than three decades since two Federal Reserve Board governors dissented on an interest-rate decision at the same Fed policy meeting for the same reason, two dissenters Bowman and Waller both supported a rate cut (October had 1 governor wanting a .50 point cut while the other dissenter opted for a remail policy what actually happened was a .25 point cut.) Investors treated this news with disappointment generating a nearly 400-point 3-week slide in the S&P 500 index.

That kind of internal division is rare, and markets pay attention to it.

Investors are watching for discussions on inflation, the labor market, and the “one-time” effect of tariffs, which may influence future policy decisions.

According to Mark Spitznagel, Founder and Chief investment officer at Universa Investments,

“The upward momentum in US Equities is likely to persist”

He suggested in an interview that investor exuberance could propel the S&P 500 to 8,000 or beyond before a sharp reversal occurs. As of Tuesday morning, the index was trading close to 6,800.

The Fed Minutes will be released @ 1:00pm CST.

He expressed concern that if the Fed keeps Interest Rates elevated for an extended period, companies may find it difficult to secure funding.

“With the Fed holding steady, markets are likely to anticipate further rate cuts as economic conditions gradually weaken”

Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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Daily Levels for February 18th, 2026

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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

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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

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Upcoming NFP Report (late) and WYNTK PLUS: Employment vs. Household Surveys, March Unleaded Gas, Levels, Reports; Your Important, Can’t-Miss Need-to-Knows for Trading Futures on February 11th, 2026

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NFP 102

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4943.73 5021.37 5066.23 5143.87 5188.73

Silver (SI)

— Mar. (#SI)

76.11 79.77 81.77 85.43 87.43

Crude Oil (CL)

— Mar. (#CL)

61.69 63.03 63.95 62.29 66.21

 Mar. Bonds (ZB)

— Mar. (#ZB)

114 17/32 115 115 11/32 115 26/32 116 5/32

Non-Farm Payrolls (NFP)

nfp

The following is a crash course on the monthly NFP report (Non-Farm Payroll = Employment Situation) – usually NFP comes out on the first Friday of every month.

Due to the partial govt. shutdown, NFP will be out tomorrow morning at 7:30 AM central (was supposed to be released this past Friday same time)

  • When NFP is released the following markets, generally, tend to be affected by the most volatility.
  • Foreign Exchange (Forex) Market: A strong report often strengthens the USD, while a weak report causes it to fall.
  • Bond Market (Fixed Income): Stronger job growth can lead to higher interest rates (yields) as investors anticipate tighter Fed policy, driving bond prices down. Conversely, weak data often causes investors to move to safe-haven Treasury bonds, lifting prices.
  • Stock Market (Equities): Markets often react positively to strong growth, but a very strong report can sometimes hurt stocks if it suggests aggressive interest rate hikes. A weak report can cause declines, but it might also trigger a rally if the market expects the Fed to lower interest rates.
  • Commodity Market (Gold): Gold often reacts inversely to the USD and Treasury yields, acting as a safe haven during economic weakness. 

US January Non-Farm Payrolls data will be released Wednesday morning at 7:30 am CT. Economists are forecasting non-farm payrolls +55,000 compared to December’s month’s +50,000. The January jobless rate is expected at 4.4%. Average hourly earnings are expected up +0.3% month over month, up +3.7% year over year.

The Non-Farm Payroll (NFP) report…

Officially called the Employment Situation — is one of the most important monthly U.S. economic indicators. The Bureau of Labor Statistics (BLS) releases it on the first Friday of each month (covering the prior month) at 8:30 a.m. ET. However, due to the partial U.S. Government shutdown, the BLS is releasing the report tomorrow, Feb. 11th

It gets its name from the establishment (payroll) survey, which tracks paid jobs outside of farming. The full report actually combines two separate surveys with different methodologies, strengths, and focuses.

The Two Core Surveys

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Main Components of the Report

1. Headline Nonfarm Payroll Employment Change (Establishment Survey)

  • The most-watched number: Net change in total nonfarm payroll jobs (e.g., +50,000 or -100,000).
  • Often broken out as:
  • Total nonfarm
  • Private nonfarm (excludes government)
  • Revisions to the prior 1–2 months are very common and can be large (tens or even hundreds of thousands).

2. Industry Sector Breakdown (Establishment Survey)

This is one of the most valuable parts. Table B-1 shows detailed job gains/losses by sector. Major categories include:

  • Goods-producing: Mining, Construction, Manufacturing
  • Service-providing: Retail Trade, Wholesale Trade, Transportation & Warehousing, Information, Financial Activities, Professional & Business Services, Education & Health Services (especially Health Care), Leisure & Hospitality (food services & drinking places are big), Other Services
  • Government (federal, state, local)

Markets watch which sectors are driving the total (e.g., health care and leisure/hospitality often add jobs steadily; manufacturing and retail can be volatile).

3. Wage and Hours Data (Establishment Survey)

  • Average Hourly Earnings (all private nonfarm employees) — month-over-month and year-over-year % change. This is a key inflation signal.
  • Average Weekly Hours worked (total private, manufacturing, etc.).
  • Overtime hours in manufacturing.

Strong wage growth can be hawkish for the Fed (potential rate hikes or delayed cuts).

4. Unemployment Rate and Labor Force Metrics (Household Survey)

  • Official Unemployment Rate (U-3): Unemployed as a percentage of the labor force.
  • Labor Force Participation Rate
  • Employment-Population Ratio
  • Broader measures (sometimes referenced): U-6 (includes underemployed and discouraged workers)
  • Demographic details (by age, sex, race/ethnicity)
  • Part-time for economic reasons, long-term unemployed, discouraged workers

5. Other Notable Elements

  • Annual benchmark revisions — released once a year (usually February/March data) — can revise the entire previous year significantly.
  • Birth-Death Model — statistical adjustment for new business formations and closures not yet captured in the sample.

Seasonal adjustment — all headline numbers are seasonally adjusted to remove predictable patterns (holidays, school cycles, weather, etc.).

Quick Summary of What Traders and Economists Focus on Most:

  1. Headline NFP (jobs added/lost)

  2. Unemployment rate

  3. Average hourly earnings (wage growth)

  4. Revisions to prior months

  5. Sector details (where the jobs are coming from)

 

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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March RBOB (Unleaded Gas)

March Unleaded Gasoline is poised for a challenge of last summer’s high. The original upside PriceCounts off the ‘Liberation Day’ low are still valid. At this point, new sustained highs would project a possible run to the third count to the 2.17 area.

FREE TRIAL AVAILABLE

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for February 11th, 2026

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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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Futures Trading this Week PLUS: May Soybean Oil, New Crypto and Bitcoin Contracts, Levels, Reports; Your 5 Important Can’t Miss Need-To-Knows for Trading Futures on February 10th, 2026

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The Week Ahead for Futures Traders!

By Eli Gal Levy, Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4943.73 5021.37 5066.23 5143.87 5188.73

Silver (SI)

— Mar. (#SI)

76.11 79.77 81.77 85.43 87.43

Crude Oil (CL)

— Mar. (#CL)

61.69 63.03 63.95 62.29 66.21

 Mar. Bonds (ZB)

— Mar. (#ZB)

114 17/32 115 115 11/32 115 26/32 116 5/32

Futures Markets: The Week Ahead

futures

Dow, S&P 500 Equal Weight Hit Fresh All-Time Highs, supported by money rotation away from non-tech areas of the market. Selling pressure accelerated, particularly in areas of the market associated with the software industry and cryptocurrency which translates to “risk off”. Money rotated into other areas of the market viewed as relative value/safety play.

Several sectors hit fresh all-time highs this week, such as industrials, materials, energy, and consumer staples, and the S&P Equal Weight index hit a fresh all-time high.

Earnings reports continued to pour in this week, and the eye-popping hikes in capital expenditure *(CapEx) budgets from hyperscalers Google & Amazon generated a lot of buzz this week.

The spending hikes signal confidence in AI, healthy demand, and suggest that the AI infrastructure buildout still has more room to run out of the 291 S&P 500 companies that have reported results, 65% have beat on the top line while 79% have beat on the bottom line.

Revenue growth has been +9.25% year-over-year while EPS growth is tracking at 13.64%. FactSet is currently forecasting blended Q4 EPS growth for the SPX to be approximately 11.9-12.1%, while 2026 EPS growth is expected to be ~14.3-15.0%.

It’s encouraging to see fresh all-time highs in the Dow and S&P Equal Weight indices. On the other hand, ask yourself whether Fridays sharp bounce-back in higher risk areas of the market, like software and crypto, is a legitimate signal of capitulation/seller exhaustion, or whether it’s a short-term oversold bounce that will give in to more selling pressure next week. It’s impossible to know now only time will tell.

We also saw deterioration in labor market data, though markets didn’t seem to react negatively to that news. We’ll get monthly jobs report Wednesday, if payrolls come in well below estimates, or unemployment makes a notable jump, will markets be able to shrug that off?

DOW above 50K; Every sell the news on MAG 7 stocks was absorbed with buying in heavy industrials, financials and value, we saw leadership in staples. If you look at the broad economy stocks such as FedX the stock is up 25% for the year. The market is pointing that it believes that will get a spring higher in broad earnings growth and were gonna run a hot economy. The question is whether the market priced that in yet or not.

RSI, was at 20 for Gold, Silver, MSFT, ORCL, PLTR. We saw the bottom for now the question is what happens with this rally and how to play it?

What happened in the futures commodity markets this week

  • Oil prices were volatile: Earlier in the week Brent and WTI crude climbed sharply (~3%) on heightened Middle East geopolitical risk as U.S.–Iran tensions flared, with markets pricing potential supply disruptions near the Strait of Hormuz. This supported energy futures mid-week.
  • Then prices slid: As geopolitical tensions temporarily eased, crude futures pulled back from those gains later in the week.
  • Natural gas futures softened: The broader commodity dashboard shows natural gas trading lower on the week, reflecting a pullback from recent volatility.

Precious Metals

  • Silver weakness: Silver futures saw a sharp downturn (~15% on a single session) as investors exited hard assets amid reduced geopolitical risk and a firmer dollar.
  • Gold also pulled back: Gold retraced from recent rally highs, though it remains elevated compared with earlier in the year.

Agriculture Futures

  • Soybeans held strong: U.S. soybean futures extended gains to multi-month highs on Chinese demand optimism, helping grains show relative strength.
  • Corn & wheat mixed: Corn and winter wheat prices faded or traded softer after earlier strength.

Risk Management Is Paramount

  • Elevated volatility and margin requirement hikes in metals underscore the importance of robust risk management.
  • Strong price moves can trigger forced liquidations — especially in leveraged futures accounts.
  • Client action: Encourage stop-loss discipline, volatility-adjusted position sizing.

Fundamentals Remain Mixed Across Sectors

  • Agriculture trades are influenced by seasonal demand, weather, and global supply dynamics — not just macro data. Seasonal patterns are still key catalysts.
  • Natural gas and energy transition metals continue to offer divergent fundamentals vs. crude — they don’t always move together.
  • Client action: Avoid one-size-fits-all commodity themes; analyze sector–specific fundamentals (weather, export demand, policy drivers).

Stay ahead of the curve by following our YouTube channel https://www.youtube.com/@Cannontrading and Facebook page, (20+) Cannon Trading Company Group | Facebook where we are posting frequent video updates to help you navigate the commodity markets.

Software stocks were down big with Anthropic’s recent software news triggered a massive sell-off because their new tools, specifically Claude Cowork, shifted AI from a “writing assistant” to an autonomous agent capable of replacing specialized software. The IGV software ETF is down 24%, I hear analysts saying when companies will report that they are increasing their buy backs that may mark a bottom. the Relative Strength Index hit 14.

My takeaway from this report and the effects it had on software stocks is that ”we need to be ready that at any moment there scan suddenly be breakthrough that will break something and devalue a particular sector”.

On the AI front for 2026, Google and Amazon have announced record-breaking increases in capital expenditures (Capex) to fuel the AI race, largely for data centers and infrastructure. Amazon: Projected to spend $200 billion in 2026, representing a 50.6% increase over its $131.8 billion spend in 2025.

Google (Alphabet): Projected to spend between $175 billion and $185 billion in 2026, effectively doubling (97%–100%+ increase) its 2025 spend of approximately $91.4 billion. Various industries that should benefit from this spend, power companies, data centers grid & the consumer.

The total amount of capx from last year and the next 2 years anticipated from the hyperscalers is around 2 trillion $, which is almost exactly as much market cap that the market lost in software sector since the high in October.

Key Drivers of the Yield Drop. The yield decline was concentrated on Thursday, February 5, after several economic data points suggested the labor market might be cooling faster than expected. Today Monday Feb 8, we saw Bloomberg News report; China urges banks to curb US Treasuries exposure.

The US dollar: scott Bessent said on TV “are we doing the things to create a strong backdrop for the dollar; our tax policy, our trade policy, our deregulatory policy, our energy policy, reasserting our sovereignty in critical minerals are we making the US the best place for capital in the world.

Bitcoin, which was around $83,000 last Friday, hit $60,000 earlier this morning but is snapping back towards $70,000 today. Does fridays “risk on” bounce signal that we hit a capitulation extreme in software/crypto and the near-term low is in place? Of course that’s a possibility, but it’s too early to be sure. Bitcoin: there was a report on CNBC that around 40% of spot bitcoin ETF holders are underwater. There was roughly $1.3 billion in net outflows last week.

AMZN went down 50% 8 times in its first 15 years of existence. Volatility is the name of the game.

Technical Analysis:

$COMP & NDX fell through support this week and the near-term outlook is questionable. Concerned of a bearish confirmation in the $COMP and NDX, meaning that the indices continue to move higher early next week but encounter resistance at the underside of the 100-day SMA or some other resistance level and turn lower; this is technically called a bearish “pullback”. Should that occur, this could broadly dampen investor sentiment, and the selling could spill over into the overall market.

You can view the charts am fallowing this week at – https://www.youtube.com/@Cannontrading

The standout this week is the rollover in market breadth on the CCMP, which has been occurring due to the carnage in software-related companies. Compared to last Friday’s, the SPX breadth declined to 63.44% from 67.27% and the CCMP sank to 43.05% from 48.51%, while the RUT eased to 63.4% from 64.77%.

Economic reports:

  • Monday (Feb. 9): no reports
  • Tuesday (Feb. 10): Business Inventories, Employment Cost Index, Export Prices ex-ag, Factory Orders, Import Prices, Retail Sales
  • Wednesday (Feb. 11): Nonfarm Payrolls, Average Hourly Earnings, Average Workweek, Unemployment Rate, EIA Crude Oil Inventories, MBA Mortgage Applications Index, Treasury Budget
  • Thursday (Feb. 12): Producer Price Index (PPI), Continuing Claims, EIA Natural Gas Inventories, Existing Home Sales, Initial Claims
  • Friday (Feb. 13): Consumer Price Index (CPI)

Disclaimer: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions and other financial instruments 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. I am registered solely as a commodities broker. Any references, recommendations & information contained in this article are of opinion only, should not be considered investment advice. And do not guarantee any profits.

S
Name Exchange Class Exchange Symbol CQG Symbol Size
nano XRP Coinbase Crypto XRP XRP 500 XRP
XRP Coinbase Crypto XRL XRL 10,000 XRP
nano XRP Perp-Style Coinbase Crypto XPP XPP 500 XRP
nano Solana Coinbase Crypto SOL SOL 5 Solana
nano Solana Perp-Style Coinbase Crypto SLP SLP 5 Solana
Solana Coinbase Crypto SLC SLC 100 Solana
nano Ether Perp-Style Coinbase Crypto ETP ETP 0.1 Ethereum
Ether Coinbase Crypto ETI ETI 10 Ethereum
nano Ether Coinbase Crypto ET NET 0.1 Ethereum
nano Bitcoin Coinbase Crypto BIT BIT 0.01 Bitcoin
nano Bitcoin Perp-Style Coinbase Crypto BIP BIP 0.01 Bitcoin

Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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May Soybean Oil

May bean oil is extending its rally into a new contract high. The rally has left us extremely overbought and due for a short‑term correction. At this point, if the chart can sustain further strength, we are left with the low‑percentage fourth PriceCount objective to aim for in the 60 area which is consistent with the target on the weekly chart.

FREE TRIAL AVAILABLE

9428270e a165 4d83 b400 7cfb74d70862

The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for February 10th, 2026

12ed1dee ba46 4284 b8ed cb8a37b98ecc

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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Presidents’ Day Schedule 2026!!!! Your Important Can’t-Miss 3 Day Calendar for Trading Futures Presidents’ Day Weekend!

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Presidents’ Day 2026 Schedule Below

(please click image for larger/clearer view)

 

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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

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Swinging Metals! Silver High to Low PLUS: Volatility, Bitcoin/Crypto, March Soybeans, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on February 6th, 2026

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Swinging Metals!

Higher Volatility Across the Board – No NFP Report Tomorrow!

By Ilan Levy-Mayer, VP

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4654.03 4743.07 4894.03 4983.07 5134.03

Silver (SI)

— Mar. (#SI)

59.82 66.46 78.15 84.79 96.48

Crude Oil (CL)

— Mar. (#CL)

61.52 62.41 63.54 64.43 65.56

 Mar. Bonds (ZB)

— Mar. (#ZB)

113 30/32 114 24/32 115 6/32 116 116 14/32

metal

Metals – Silver

The metals markets delivered another jolt today, with silver swinging more than $90,000 per contract from high to low!

Gold

Gold followed with outsized ranges of its own, while equity index futures continue to show elevated intraday volatility.

Bitcoin/Crypto

Bitcoin, micro bitcoin, ether and the rest of the family witnessed a large decline as well and you can see a weekly chart of the Bitcoin futures below as we approach a meaningfull level.

!!Volatility!!

In an environment like this, opportunity is real—but so is the danger. Traders must prioritize the risk side of the equation, from position sizing to stop discipline to understanding how quickly leveraged products can move.

The good liquidity in the different MICRO products across the board makes them a great tool for reduced position size and/ or utilize for possible hedge as needed.

NO NFP (Non-Farm Payroll)

HEADS UP: No NFP report tomorrow which is usually the first Friday of the month due to the partial govt. shutdown – right now it is scheduled to come out Wednesday, Feb. 11th at 7:30 AM Central.

Day trading margins vary among clearing firms / FCM’s. If needed, contact your Cannon Trading Co. broker for specifics.

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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May Soybeans

May Soybeans stabilized and established a sideways range trade after completing the second downside PriceCount objective. Now, the chart has shifted its formation back to the topside and is activating upside counts where the first objective projects a run to the $11.32 area. It takes a trade above the December reactionary high to formally negate the remaining unmet downside counts.

FREE TRIAL AVAILABLE

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for February 6th, 2026

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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

or wherever you listen to podcasts!

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Automated Trading Systems, Algos, and You PLUS: March Feeding Cattle, Levels, Reports; Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures on February 5th, 2026

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Diversification with Automated Algos

By Mark O’Brien, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4736.57 4851.63 4982.77 5097.83 5228.97

Silver (SI)

— Mar. (#SI)

78.38 82.78 87.40 91.80 96.41

Crude Oil (CL)

— Mar. (#CL)

61.58 62.96 64.25 65.63 66.92

 Mar. Bonds (ZB)

— Mar. (#ZB)

114 2/32 114 10/32 114 18/32 114 26/32 115 2/32

automated trading system

General:

In past Cannon Trading Co. Newsletters (Fri.) and daily blogs, we’ve shared information on the subject of algorithms / automated trading systems. Today’s blog continues on the subject and introduces (re-introduces in one case) a broad selection of systems available on our site and focuses on three in particular.

This link will take you to the page on our web site where you’ll find performance rankings for thirty automated trading systems, divided into three groups based the systems’ necessary account size.

The names of each system are links to detailed information about each of them, including suggested capital requirement, monthly and life-of-system results, drawdowns, etc. – down to every trade each system has made. All their results are real money traded results; not hypothetical, not simulated – and they factor in the monthly fee for the system and commissions.

Below are details of three systems among them and worthy of consideration.

Abacus Upside RTY Trading System: trades the E-mini Russell 2000 stock index futures

This system trades from the viewpoint that all stock indexes trend upwards over the long term but with some significant daily declines and occasional longer bear markets. The system seeks to take advantage of this bias by actively entering on those days when the upside probability is increased at the same time filtering out as many downward movements as possible. The system logic has historically been very effective in achieving this outcome in both normal rising markets and by catching the frequent upward “bounce” days in more volatile periods. It trades long only and generally holds positions for 1-2 days. The system has been tracked since May ’25. It has traded as few as one or two trades in a month (Sept. ’25) to as many as eight to 10 trades in a month (Oct., Nov. ’25).

These results are based on 1 contract, with a starting balance of $19,500. Monthly subscription of $145 and a commission of $10 per round turn along with all fees are included in the profit/loss calculation.

Abacus Upside ES Trading System: trades the E-mini S&P 500 stock index futures

This system trades from the same viewpoint as the Abacus Upside RTY Trading System, which is that all stock indexes trend upwards over the long term but with some significant daily declines and occasional longer bear markets. The system seeks to take advantage of this bias by actively entering on those days when the upside probability is increased at the same time filtering out as many downward movements as possible. The system logic has historically been very effective in achieving this outcome in both normal rising markets and by catching the frequent upward “bounce” days in more volatile periods. It trades long only and generally holds positions for 1-2 days. The system has also been tracked since May ’25 and has not had a single losing month up to Jan. ’26. It has traded as few as one or two trades in a month (May & Sept. ’25) to as many as eight to 10 trades in a month (Oct., Nov. ’25).

These results are based on 1 contract, with a starting balance of $28,000. Monthly subscription of $175 and a commission of $10 per round turn along with all fees are included in the profit/loss calculation.

Edvardus Breakout GOLD Trading System: trades the COMEX 100-oz gold futures

This system is a breakout swing trading strategy. It has passed robustness testing such as walk-forward analysis. Walk forward analysis is a method used to determine the optimal parameters for a trading strategy and to determine the robustness of the strategy. Walk Forward Analysis was presented by Robert E. Pardo in his book “Design, Testing and Optimization of Trading Systems” in 1992 and is widely considered the “gold standard” in trading strategy validation.

The system has been tracked since Oct. ‘24. It has traded an average of six or seven trades per month, with as few as none (Nov. ’24) to twelve (Jan. ’26).

These results are based on 1 contract, with a starting balance of $40,000. Monthly subscription of $250 and a commission $30 per round turn along with all fees are included in the profit/loss calculation.

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.

READ FULL DISCLOSURE HERE

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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March Feeder Cattle

March Feeder Cattle have resumed their rally into a new high where the chart is taking aim at its gap objective and contract high. IF we could sustain further strength, we have open counts to the upside that would be in play.

FREE TRIAL AVAILABLE

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for February 5th, 2026

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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

or wherever you listen to podcasts!

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Futures Market 101, March Heating Oil, Levels, Reports; Your 4 Important Can’t-Miss Need-To-Knows for Trading Futures on February 4th, 2026

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Futures Markets Data 101

By John Thorpe, Senior Broker

At-a-Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— April (#GC)

4565.90 4769.50 4893.80 5097.40 5221.70

Silver (SI)

— Mar. (#SI)

74.31 79.71 84.40 89.80 94.49

Crude Oil (CL)

— Mar. (#CL)

60.04 62.04 63.13 65.13 66.22

 Mar. Bonds (ZB)

— Mar. (#ZB)

114 1/32 114 12/32 114 19/32 114 30/32 115 5/32

futures market

A good working schedule by exchange family and typical non‑pro screen fees.

Uncovering Monthly Real-Time Market Data Fees for the retail trader

CME Non-Professional Monthly Fees

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The Clearing Firms do collect a usury fee and charge a little more.

For StoneX

NON- PRO Depth of Market         $13.00 per exchange

NON-PRO Bundle -All Exchanges $39.00

NON-PRO Top of Book                    $2.00 per exchange

NON-PRO Bundle Top of Book    $6.00

ICE US                                             $148.00

IronBeam

NON- PRO Depth of Market         $15.50 per exchange

NON-PRO Bundle -All Exchanges $41.00

NON-PRO Top of Book                     $3.00 per exchange

NON-PRO Bundle Top of Book       $9.00

ICE US                                                   $148.00

 

Here is a quick video detailing the difference between level 1 and level 2 data.

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Introducing Cannon Edge — Your Daily Futures Snapshot

Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:

  • Current price and daily % change

  • 30‑day and 52‑week highs/lows

  • PROPRIETARY Short‑term and long‑term trend signals

  • Coverage across equity indices, metals, energies, currencies, and ags

Whether you’re scanning for breakout setups, trend reversals, or just staying informed — Cannon Edge puts the data in your hands before the open.

Built for speed. Backed by insight. Powered by CQQ.

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March Heating Oil

March heating oil satisfied its third upside PriceCount objective and is correcting lower. At this point, IF the chart can sustain further upside, we are left with a low percentage fourth count to aim for in the 3.23 area.

FREE TRIAL AVAILABLE

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The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an ‘exact’ science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved.

It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk.

Learn more at www.qtchartoftheday.com

Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.

Daily Levels for February 4th, 2026

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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)

87794b6a b17b 480f 850c b1649fd64676

Find us on Trustpilot

603cd3d5 1e3c 4435 85b1 f25c3ed5936e

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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