{"id":19843,"date":"2024-06-07T12:19:12","date_gmt":"2024-06-07T20:19:12","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=19843"},"modified":"2024-06-07T12:19:47","modified_gmt":"2024-06-07T20:19:47","slug":"weekly-newsletter-forecasting-the-soybean-market-and-milk-futures-analysis-futures-levels-6-10-2024","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-forecasting-the-soybean-market-and-milk-futures-analysis-futures-levels-6-10-2024\/","title":{"rendered":"Weekly Newsletter: Forecasting the Soybean Market and Milk Futures Analysis + Futures Levels 6.10.2024"},"content":{"rendered":"<div><span style=\"text-align: left;\">Get Real Time updates and more by joining our <a href=\"https:\/\/www.facebook.com\/groups\/1105191589938254\" target=\"_blank\" rel=\"noopener\">Private Facebook Group<\/a>!<\/span><\/div>\n<div><span style=\"text-align: left;\">Subscribe to our\u00a0<a href=\"https:\/\/www.youtube.com\/channel\/UCf-asPYp_40m1unYPKpUhaw\" target=\"_blank\" rel=\"noopener\">YouTube Channel<\/a><\/span><\/div>\n<hr \/>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-19513\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/02\/C14-300x200.jpg\" alt=\"\" width=\"728\" height=\"485\" title=\"\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/02\/C14-300x200.jpg 300w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/02\/C14.jpg 720w\" sizes=\"auto, (max-width: 728px) 100vw, 728px\" \/><\/h3>\n<h3>Cannon Futures Weekly Letter Issue # 1197<\/h3>\n<div><\/div>\n<div>In this issue:<\/div>\n<div><\/div>\n<ul>\n<li>Important Notices &#8211; <em><strong>FOMC is the main event<\/strong><\/em><\/li>\n<li>Futures 101\u00a0&#8211; <em><strong>5 Things You Need to Know About Soybeans 2024<\/strong><\/em><\/li>\n<li>Hot Market of the Week &#8211;\u00a0<em><strong>July Class III Milk<\/strong><\/em><\/li>\n<li>Market Scanner\u00a0&#8211; <em><strong>For Monday June 10th<\/strong><\/em><\/li>\n<li>Broker&#8217;s Trading System of the Week &#8211;\u00a0<em><strong>Crude Oil Day Trading System<\/strong><\/em><\/li>\n<li>Trading Levels for Next Week<\/li>\n<li>Trading Reports for Next Week<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Important Notices &#8211; Next Week Highlights:<\/strong><\/p>\n<ul>\n<li>Monday starts quietly<\/li>\n<li>Tuesday FOMC Meeting begins.\u00a0Oracle announces Earnings after the close.<\/li>\n<li>Heavy Wednesday!\u00a0CPI Pre-Market, WASDE and Crop Production, FOMC Rate Decision, Chairman Powell presser, Broadcom Earnings after the close<\/li>\n<li>Thursday, the data keeps rolling; Jobless Claims, Producer Price Index, NY FED President Williams speaks,\u00a0Adobe earnings after the close<\/li>\n<li>Friday Michigan consumer Sentiment, Chicago Fed President Goolsbee speaks.<\/li>\n<li>Monitor Open interest and Volume between June (M) indices and September (U) Look to begin trading September the following Monday.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div>Futures 101\u00a0:<\/div>\n<div><\/div>\n<div style=\"text-align: center;\">\n<h3>Five Things to Watch in the Soybean Market in 2024<\/h3>\n<div>By AgResource<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<div align=\"center\"><\/div>\n<div>\n<div>\n<div>The opinions expressed in this report are those of\u00a0AgResource\u00a0and are considered market commentary. They are not intended to act as investment recommendations. Full disclaimers are available at the end of this report.<\/div>\n<div><\/div>\n<div>HIGHLIGHTS<\/div>\n<ul>\n<li><a href=\"https:\/\/www.cmegroup.com\/articles\/whitepapers\/five-things-to-watch-in-the-soy-market-in-2024.html#brazilian-crop\" target=\"_blank\" rel=\"noopener noreferrer\">Actual size of 2024 Brazilian crop<\/a><\/li>\n<li><a href=\"https:\/\/www.cmegroup.com\/articles\/whitepapers\/five-things-to-watch-in-the-soy-market-in-2024.html#us-biofuel\" target=\"_blank\" rel=\"noopener noreferrer\">Expanding U.S. biofuel production: Does it require additional soybean oil supplies?<\/a><\/li>\n<li><a href=\"https:\/\/www.cmegroup.com\/articles\/whitepapers\/five-things-to-watch-in-the-soy-market-in-2024.html#soybean-trade\" target=\"_blank\" rel=\"noopener noreferrer\">World soybean trade to be impacted by politics<\/a><\/li>\n<li><a href=\"https:\/\/www.cmegroup.com\/articles\/whitepapers\/five-things-to-watch-in-the-soy-market-in-2024.html#brazilian-soybean\" target=\"_blank\" rel=\"noopener noreferrer\">Growth in Brazilian soybean production in 2025<\/a><\/li>\n<li><a href=\"https:\/\/www.cmegroup.com\/articles\/whitepapers\/five-things-to-watch-in-the-soy-market-in-2024.html#la-nina\" target=\"_blank\" rel=\"noopener noreferrer\">La Nina and Argentina<\/a><\/li>\n<\/ul>\n<div><\/div>\n<div>Actual size of 2024 Brazilian crop<\/div>\n<div>There\u2019s currently no consensus on the size of Brazilian soybean production in 2024. South America\u2019s surplus will be large in almost any scenario, but there\u2019s currently a discrepancy of 6.3 million tons between the Brazilian government (CONAB), which projects production at 147.7 million tons, and USDA, which estimates production at 154 million. Some in the trade are still forecasting Brazilian soybean production in 2024 at 140 million tons or less, and some forecast production above 155 million tons.<\/div>\n<div><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cmegroup.com\/articles\/whitepapers\/five-things-to-watch-in-the-soy-market-in-2024.html\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"67a387b4-2435-11ef-a08a-fa163ee6a027\">FINISH READING THE FULL REPORT<\/a><\/div>\n<div><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">Questions? We are happy to help!<\/a><\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<p>&nbsp;<\/p>\n<p align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/\"><img decoding=\"async\" src=\"https:\/\/ci4.googleusercontent.com\/proxy\/7kJuSXfr6c2EADmOeEAcM7mSso0u8a_i6X34OgYh_LR6D5TqLuPBwntxgg2tsaKqlZqaCFJEYHw3tJuMXrJ-0ikOkUdZqDGIZXxEvzi_I0U6GXWTXlTxPc6ieb-gK0j9aE_ScfcNVOKkCGyEHuDeVKU=s0-d-e1-ft#https:\/\/emailsignature.trustpilot.com\/newsletter\/en-US\/2\/581795fd0000ff000596d6a7\/stars.png\" alt=\"\" title=\"\"><\/a><\/p>\n<p align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/\"><img decoding=\"async\" src=\"https:\/\/ci6.googleusercontent.com\/proxy\/9Hnv4wEzz7dLV5tO6SrpnQPN9ZafvOmDqoWX2ZfX5qsMvk8MUPgrgLYiZHzlc1Z9GYxFfC5bfA_rDS7RBu_Bn3dtP3DtxhIoKpaPG8m4D9mnAE_3g8VpovlWeYzAugYr7M2YIR7AvM8vgYyklnF_4OyDTA=s0-d-e1-ft#https:\/\/emailsignature.trustpilot.com\/newsletter\/en-US\/2\/581795fd0000ff000596d6a7\/text@2x.png\" alt=\"\" title=\"\"><\/a><\/p>\n<h3 align=\"center\"><span style=\"text-align: left;\"><a href=\"https:\/\/secure.ironbeam.com\/openaccount\/index.aspx?src=316&amp;k=27817434\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b644da2-2bee-4d39-8d98-5208a20bec39.jpg\" width=\"258\" height=\"58\" alt=\"\" title=\"\"><\/a><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3>Hot Market of the Week &#8211; July Class III Milk<\/h3>\n<\/li>\n<\/ul>\n<div><\/div>\n<div>Hot market of the week is provided by QT Market Center,\u00a0A Swiss army knife charting package that&#8217;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.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/software\/qt-market-center\" target=\"_blank\" rel=\"noopener noreferrer\">FREE TRIAL AVAILABLE<\/a><\/div>\n<div><\/div>\n<div><strong>July Class III Milk<\/strong><\/div>\n<div><\/div>\n<div>The July milk chart satisfied its third upside PriceCount objective last month and has developed a sideways consolidation trade. At this point, IF you can extend the rally with new sustained highs, we are left with the low percentage fourth count to aim for in the 24.75 area.<\/div>\n<div><\/div>\n<div align=\"center\">PriceCounts &#8211; Not about where we&#8217;ve been , but where we might be going next!<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f89d77ca-3c8e-40b7-9cad-fc6730c55a5b.png\" alt=\"\" title=\"\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">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 \u2018exact\u2019 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\u00a0<a href=\"http:\/\/www.qtchartoftheday.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.qtchartoftheday.com<\/a><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">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.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<div><strong>Market Scanner<\/strong><\/div>\n<div><\/div>\n<div>If you are a day trader,\u00a0below you will see markets that our proprietary ALGO has identified as being more suitable for attacking either from the long side or the short side for the next trading session.<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">Questions? We are happy to help!<\/a><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/b00cfd16-9851-4ca4-9a12-c84253e7b99b.png\" alt=\"\" title=\"\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<h3 style=\"text-align: center;\">\u00a0\u00a0\u00a0Broker&#8217;s Trading System of the Week<\/h3>\n<div><\/div>\n<div>With\u00a0algorithmic\u00a0trading systems becoming more prevalent in portfolio diversification, the following system has been selected as the broker&#8217;s choice for this month.<\/div>\n<div><\/div>\n<p><strong>Balance Cont. V2 Copper<\/strong><\/p>\n<div><\/div>\n<div><\/div>\n<div>PRODUCT<\/div>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/metals\/Copper-Futures\">HG\u00a0&#8211; Copper<\/a><\/div>\n<div><\/div>\n<div>SYSTEM TYPE<\/div>\n<div>Swing<\/div>\n<div><\/div>\n<div>Recommended Cannon Trading Starting Capital<\/div>\n<div>$20,000<\/div>\n<div><\/div>\n<div>COST<\/div>\n<div>USD 150 \/ monthly<\/div>\n<div><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=17519\" target=\"_blank\" rel=\"noopener noreferrer\">Get Started<\/a><\/div>\n<div><\/div>\n<div><a href=\"https:\/\/cannon.isystems.com\/System\/PerformanceSheet?Id=17519\" target=\"_blank\" rel=\"noopener noreferrer\">Learn More<\/a><\/div>\n<\/div>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/452410ab-2582-4bbd-b85a-076f771bfa85.png\" alt=\"\" title=\"\"><\/p>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">The performance shown above is hypothetical in that the chart represents returns in a model account. The model\u00a0account rises or falls by the average single contract profit and loss achieved by clients trading actual money pursuant\u00a0to the listed system\u2019s trading signals on the appropriate dates (client fills), or if no actual client profit or loss available \u2013\u00a0by the hypothetical single contract profit and loss of trades generated by the system\u2019s trading signals on that day in\u00a0real time (real\u2010time) less slippage, or if no real time profit or loss available \u2013 by the hypothetical single contract profit\u00a0and loss of trades generated by running the system logic backwards on back adjusted data.\u00a0<a href=\"https:\/\/r20.rs6.net\/tn.jsp?f=001zny8lGqtfXPYeY09EseNDkhWdSiiVJVTEImmHILx1zWCF1h3Rwlqw0n26ZAEwOPyqsblA8LEGD6u5R7jNok446VgB6xtWcJGwXR5-6cP_YxzjVl9YoemkQ1yy4qmIybYp7qv-G6i11feAhAC6Nlu2i58nY0c77pbASKTXspa7zIa131NP0q-07Gezax3jLIO9ss1CPQYgW-JeGde_eguoA==&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">Please read full disclaimer HERE.<\/a><\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\">\n<table class=\"poll-question\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"top\">\n<div><span data-entity-ref=\"POLL.ca-1664310937429.question_1_text\">Would you like to receive daily support &amp; resistance levels?<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\">\n<table class=\"poll-answer\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"middle\">\n<div><span data-entity-ref=\"POLL.ca-1664310937429.question_1_choice_1_text\">Yes<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"poll-button\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"right\" bgcolor=\"#3661BD\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\">\n<div><a href=\"https:\/\/campaignlp.constantcontact.com\/forms\/response?id=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7_RYE_A-4Vp_O4UAAHgwC8r2U1wW5-uegFBI60m0ykJnfKqYOkXfE67CebXsf8ClGEMIAsr9DDFAgAvwptIjCTzfKXsOtrxIpBb79xp2tJaxWTJwLcwTJZ27B5lUkRveoTAksJSt0ZaxMvkril64Qc6CnrGOwJm3yuzWk_BooTyXFYMefTsr-aw&amp;encVer=1&amp;c=&amp;ch=&amp;mode=preview\" target=\"_blank\" rel=\"noopener\">Select<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"divider-base divider-dashed\" align=\"center\" valign=\"top\" width=\"100%\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"center\" height=\"1\">\n<div><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/1101116784221\/S.gif\" alt=\"\" width=\"5\" height=\"1\" border=\"0\" hspace=\"0\" vspace=\"0\" title=\"\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\">\n<table class=\"poll-answer\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td class=\"editor-text\" align=\"left\" valign=\"middle\">\n<div><span data-entity-ref=\"POLL.ca-1664310937429.question_1_choice_2_text\">No<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"poll-button\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"right\" bgcolor=\"#3661BD\">\n<tbody>\n<tr>\n<td align=\"center\" valign=\"top\">\n<div><a href=\"https:\/\/campaignlp.constantcontact.com\/forms\/response?id=tiLlM7NobJmOjaKfyyForBFmeH3eO8r7_RYE_A-4Vp_O4UAAHgwC8r2U1wW5-uegFBI60m0ykJnfKqYOkXfE67CebXsf8ClGEMIAsr9DDFAgAvwptIjCTzfKXsOtrxIpBb79xp2tJaxWTJwLcwTJZ27B5lUkRveoTAksJSt0ZaxMvkril64Qc6CnrGOwJm3yuzWk_BooTyXXN6S9LkQxSg&amp;encVer=1&amp;c=&amp;ch=&amp;mode=preview\" target=\"_blank\" rel=\"noopener\">Select<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"divider-base divider-dashed\" align=\"center\" valign=\"top\" width=\"100%\">\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td align=\"center\" height=\"1\">\n<div><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/1101116784221\/S.gif\" alt=\"\" width=\"5\" height=\"1\" border=\"0\" hspace=\"0\" vspace=\"0\" title=\"\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<h3 style=\"text-align: center;\" align=\"center\">Daily Levels for June 10th 2024<\/h3>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9a2e12dc-f776-44a1-8f9a-bacf6a0e9411.png\" alt=\"\" title=\"\"><\/p>\n<div style=\"text-align: center;\" align=\"center\">\n<p><strong>Trading Reports for Next Week<\/strong><\/p>\n<\/div>\n<div style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/aaea5d16-4d41-4f4b-b710-5110c683030b.png\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div style=\"text-align: center;\"><a href=\"https:\/\/www.e-futures.com\/futures-trading-demo.php\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/d259df9c-bf07-4429-9fa8-d12b53c37804.png\" alt=\"\" title=\"\"><\/a><\/div>\n<div style=\"text-align: center;\"><\/div>\n<div style=\"text-align: center;\" align=\"center\">\n<div>First Notice (FN), Last trading (LT) Days for the Week:<\/div>\n<div align=\"center\"><a href=\"http:\/\/www.mrci.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.mrci.com\u00a0<\/a><\/div>\n<\/div>\n<div style=\"text-align: center;\" align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/1d061e1d-3509-4558-8a03-fca0188f9d7c.png\" alt=\"\" title=\"\"><\/div>\n<hr \/>\n<h2 style=\"text-align: center;\">Improve Your Trading Skills<\/h2>\n<p style=\"text-align: center;\">Get access to proprietary indicators and trading methods,\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile\" target=\"_blank\" rel=\"noopener noreferrer\">consult with an experienced broker<\/a> at 1-800-454-9572.<\/p>\n<p style=\"text-align: center;\">Explore trading methods.\u00a0<a href=\"https:\/\/www.cannontrading.com\/tools\/intraday-futures-trading-signals\" target=\"_blank\" rel=\"noopener noreferrer\">Register Here<\/a><\/p>\n<div style=\"margin-top: 30px; margin-bottom: 30px; text-align: center;\"><\/div>\n<p style=\"text-align: left;\"><strong><em>* This is not a solicitation of any order to buy or sell, but a current market view provided by <a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get Real Time updates and more by joining our Private Facebook Group! Subscribe to our\u00a0YouTube Channel Cannon Futures Weekly Letter Issue # 1197 In this issue: Important Notices &#8211; FOMC is the main event Futures 101\u00a0&#8211; 5 Things You Need to Know About Soybeans 2024 Hot Market of the Week &#8211;\u00a0July Class III Milk Market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-19843","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=19843"}],"version-history":[{"count":4,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19843\/revisions"}],"predecessor-version":[{"id":19847,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/19843\/revisions\/19847"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=19843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=19843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=19843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}