{"id":20600,"date":"2024-11-22T14:00:28","date_gmt":"2024-11-22T22:00:28","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=20600"},"modified":"2024-11-22T14:00:28","modified_gmt":"2024-11-22T22:00:28","slug":"weekly-newsletter-the-week-ahead-bean-oil-hot-market-chart-trading-levels-11-25-2024","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-the-week-ahead-bean-oil-hot-market-chart-trading-levels-11-25-2024\/","title":{"rendered":"Weekly Newsletter: The Week Ahead, Bean Oil Hot Market Chart + Trading Levels 11.25.2024"},"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-20603\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/11\/Thanksgiving-1-300x200.jpg\" alt=\"\" width=\"845\" height=\"563\" title=\"\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/11\/Thanksgiving-1-300x200.jpg 300w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2024\/11\/Thanksgiving-1.jpg 720w\" sizes=\"auto, (max-width: 845px) 100vw, 845px\" \/><\/h3>\n<h3>Cannon Futures Weekly Letter Issue # 1218<\/h3>\n<div><\/div>\n<div>\n<p>In this issue:<\/p>\n<ul>\n<li>Important Notices &#8211;\u00a0Week Ahead &#8211; <em><strong>What to expect<\/strong><\/em><\/li>\n<li>Holiday Trading Schedule &#8211;\u00a0<em><strong>Thanksgiving Schedule<\/strong><\/em><\/li>\n<li>Hot Market of the Week &#8211;\u00a0<em><strong>March Coffee<\/strong><\/em><\/li>\n<li>Trading Levels for Next Week<\/li>\n<li>Trading Reports for Next Week<\/li>\n<\/ul>\n<\/div>\n<div>\n<p>&nbsp;<\/p>\n<p><em><strong>Important Notices &#8211;\u00a0Next Week Highlights:<\/strong><\/em><\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p><strong>The Week Ahead<\/strong><\/p>\n<p><em>By John Thorpe, Senior Broker<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>503 corporate earnings reports and a number of meaningful Economic data releases.<\/p>\n<p>FOMC Minutes 1:00P.M. Central this upcoming Tuesday!, highlights Thanksgiving week data points.\u00a0No Fed speakers.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Prominent Earnings this Week:<\/p>\n<ul>\n<li>Mon. quiet<\/li>\n<li>Tue. Dell, Crowdstrike<\/li>\n<li>Wed. quiet<\/li>\n<li>Thu. Thanksgiving Day Mkts closed<\/li>\n<li>Fri. quiet<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>FED SPEECHES:<\/p>\n<ul>\n<li>Mon. quiet<\/li>\n<li>Tue. quiet<\/li>\n<li>Wed. quiet<\/li>\n<li>Thu. Thanksgiving Day Mkts closed<\/li>\n<li>Fri. quiet<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Economic Data week:<\/p>\n<ul>\n<li>Mon. Chicago Fed National Activity Index, Dallas Fed Manufacturing Index<\/li>\n<li>Tues. Bldg Permits, Housing Starts, RedBook, Case Schiller Home PX. Consumer confidence, New Home Sales, Richmond Fed.<\/li>\n<li>Wed. Core PCER Price index, Durable goods, Initial Jobless claims, Retail Inventories, Chicago PMI.<\/li>\n<li>Thur. Thanksgiving Day Mkts closed<\/li>\n<li>Fri.\u00a0Early closes for the futures markets<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div><\/div>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1722004834002-736\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1722004834002-724\">\n<h1>Thanksgiving 2024 Holiday Schedule for CME Exchange Hours<\/h1>\n<p><a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/thanksgiving-2024-holiday-schedule-for-cme-exchange-hours\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"42dd3290-dd7d-11e3-91c2-d4ae529a8639\">Click here for the detailed schedule<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/46922698-e83c-4907-8b26-a17a7709d77e.png\" alt=\"\" title=\"\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1729279416293-537\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1729279416329-163\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\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 style=\"list-style-type: none;\">\n<ul>\n<li><em><strong>Hot Market of the Week &#8211; January Bean Oil<\/strong><\/em><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>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.<\/p>\n<p><a href=\"https:\/\/www.cannontrading.com\/software\/qt-market-center\" target=\"_blank\" rel=\"noopener noreferrer\">FREE TRIAL AVAILABLE<\/a><\/p>\n<p><em><strong>January Bean Oil<\/strong><\/em><\/p>\n<p>January bean oil completed its second upside PriceCount objective this month and corrected lower. Nw, the chart has activated downisde counts also. The first target projects a run to the 40.90 area. It takes a trade below the September reactionary low to formally negate the remaining unmet upside objectives.<\/p>\n<p>&nbsp;<\/p>\n<p align=\"center\">PriceCounts &#8211; Not about where we&#8217;ve been , but where we might be going next!<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/7c126cad-7c5e-4be7-8b5a-6f2922820ce2.png\" alt=\"\" title=\"\"><\/p>\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\"><\/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>\n<h3 style=\"text-align: center;\" align=\"center\">Daily Levels for November 25th, 2024<\/h3>\n<p style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/c59c311d-7edb-4457-98dd-66f47326d884.png\" alt=\"\" title=\"\"><\/p>\n<\/div>\n<h3 style=\"text-align: center;\" align=\"center\">Weekly Levels for the week of November 25th, 2024<\/h3>\n<div style=\"text-align: center;\" align=\"center\">\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/5151bfcd-2735-4260-8043-0e1041f69230.png\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<div><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/bf9b3e0d-9c23-44e8-980c-a8c01bfbe2cf.png\" width=\"383\" height=\"255\" alt=\"\" title=\"\"><\/p>\n<div style=\"text-align: center;\">\n<div style=\"text-align: center;\" align=\"center\">\n<p><strong>Trading Reports for Next Week<\/strong><\/p>\n<div><\/div>\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\">www.mrci.com\u00a0<\/a><\/div>\n<\/div>\n<div style=\"text-align: center;\" align=\"center\"><\/div>\n<div align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/b656dd19-dddd-4d65-b6b3-19598fa54267.jpg\" 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<\/div>\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 # 1218 In this issue: Important Notices &#8211;\u00a0Week Ahead &#8211; What to expect Holiday Trading Schedule &#8211;\u00a0Thanksgiving Schedule Hot Market of the Week &#8211;\u00a0March Coffee Trading Levels for Next Week Trading Reports for Next [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,230,782,67,30,61,1379],"tags":[],"class_list":["post-20600","post","type-post","status-publish","format-standard","hentry","category-charts-indicators","category-commodity-brokers-2","category-commodity-trading-2","category-day-trading-2","category-economic-trading","category-future-trading-news","category-futures-broker-2","category-futures-trading-2","category-weekly-newsletter"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/20600","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=20600"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/20600\/revisions"}],"predecessor-version":[{"id":20604,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/20600\/revisions\/20604"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=20600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=20600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=20600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}