Daily Support & Resistance Levels

This blog provides daily support and resistance levels for major commodities, indices, and financial futures contracts, along with market outlooks and insights.

August 12, 2026
Grain Futures

Risk Management & Trading Discipline; Your Important Guide for Futures Trading on August 13th, 2026

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At A Glance Levels

Instrument S2 S1 Pivot R1 R2

Gold (GC)

— Dec. (#GC)

4383.73 4427.37 4465.03 4508.67 4546.33

Silver (SI)

— Sept. (#SI)

63.60 64.56 65.77 66.73 67.94

Crude Oil (CL)

— Sept. (#CL)

81.24 82.03 83.19 83.98 85.14

 Sept. Bonds (ZB)

— Sept. (#ZB)

108 13/32 108 22/32 109 7/32 109 16/32 110 1/32

Risk Management & Trading Discipline

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A disciplined trading methodology generally combines three components: a well-defined approach to entries and exits, position sizing that allows survival across losing streaks, and consistent application across a sufficient number of trades for the methodology to be evaluated meaningfully. If any of the three is absent, the methodology cannot be reliably tested or applied.

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December Soymeal

December meal satisfied its first downside PriceCount objective off from the July high. It would be normal to get a near term reaction from this level in the form of a corrective trade. If the chart can sustain further weakness, a trade below the July reactionary low would formally negate the remaining unmet upside count while the second count to the downside would project a possible slide to the $302 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.

Cannon Edge — Your Daily Futures Snapshot for August 13th

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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.

Daily Levels for August 13th, 2026

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