{"id":21709,"date":"2025-05-27T13:13:55","date_gmt":"2025-05-27T20:13:55","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=21709"},"modified":"2025-05-27T13:13:55","modified_gmt":"2025-05-27T20:13:55","slug":"fomc-5","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/fomc-5\/","title":{"rendered":"FOMC Minutes, NVIDIA Earnings, July Rough Rice; Your 3 Important NEED-TO-KNOWS for Futures Trading on May 28th, 2025"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/9dc1e02e-d5f7-4ff4-abf7-1df60775f196.png?rdr=true\" alt=\"\" title=\"\"><\/p>\n<h1 style=\"text-align: center\">FOMC Minutes, NVIDIA<\/h1>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-21216 size-full\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2025\/03\/fomc.png\" alt=\"fomc\" width=\"603\" height=\"434\" title=\"\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2025\/03\/fomc.png 603w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2025\/03\/fomc-300x216.png 300w\" sizes=\"auto, (max-width: 603px) 100vw, 603px\" \/><\/p>\n<h3 style=\"text-align: center\"><em>By John Thorpe, Senior Broker<\/em><\/h3>\n<table class=\"shell_panel-row\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#ffffff\">\n<tbody>\n<tr class=\"\" data-cpeid=\"w-1661369887846-772\">\n<td class=\"shell_panel-cell\" align=\"center\" valign=\"top\" bgcolor=\"#f5f5f5\">\n<table class=\"shell_width-row scale\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"shell_width-cell\" align=\"center\" valign=\"top\">\n<table class=\"shell_content-row\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"shell_content-cell\" align=\"center\" valign=\"top\" bgcolor=\"#ffffff\">\n<table class=\"layout layout--2-column layout--divided\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#e9f3fa\" data-cpeid=\"w-1738280622769-108\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738280622768-682\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738280622768-076\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\">CME is in the process of initial margin reduction.<\/p>\n<p>The Initial margin for the ES is now just 23,996.50 approx.\u00a0$1000 less than last week.<\/p>\n<p style=\"text-align: center\"><em>An important data day tomorrow:\u00a0<\/em><\/p>\n<h2 style=\"text-align: center\">FOMC Meeting Minutes and NVIDIA earnings release.<\/h2>\n<p>From the wires today:<\/p>\n<p>An upbeat earnings report by Nvidia Corp. would bode well for a rally in US equities as investors have about $7 trillion parked in cash funds, according to BBVA strategists.<\/p>\n<p>Institutional positioning in the US technology sector is \u201cundemanding\u201d with hedge funds and mutual funds still substantially underweight, strategist Michalis Onisiforou said. Exposure of trend-following Commodity Trading Advisors (CTA) to the broader stock market is also neutral, while volatility control funds have plenty of room to add to risk, he said.<\/p>\n<p>\u201cWith the institutional length in equities far from exuberance levels,\u201d Onisiforou said the setup favors higher exposure to stocks<\/p>\n<p>Market volatility is here to stay for the foreseeable future with its ebbs and flows.<\/p>\n<p>Choose your opportunities wisely. Today\u2019s market swings were largely back to normal (pre tariff talk normal)<\/p>\n<p><span style=\"text-decoration: underline\"><strong>Tomorrow:<\/strong><\/span><\/p>\n<p><span style=\"text-decoration: underline\"><strong>Econ Data:<\/strong><\/span>\u00a0\u00a0Dallas, Richmond, Redbook and FOMC minutes.<\/p>\n<p><span style=\"text-decoration: underline\"><strong>FED Speak:<\/strong><\/span> 2<\/p>\n<p><span style=\"text-decoration: underline\"><strong>Earnings:<\/strong><\/span> NVIDIA<\/p>\n<p><span style=\"text-decoration: underline\"><strong>Tariff news:<\/strong><\/span>\u00a0Anything goes!<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td class=\"column-divider column-divider--verticalDivider scale stack\" align=\"center\" valign=\"top\" bgcolor=\"#e9f3fa\" width=\"1\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/1101116784221\/S.gif\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" hspace=\"0\" vspace=\"0\" title=\"\"><\/td>\n<td class=\"column column--2 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1739308925689-447\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1739309009918-674\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#e9f3fa\" data-cpeid=\"w-1738285201845-796\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738285201845-561\">\n<div class=\"spacer\" data-cpeid=\"w-1738285201845-723\"><\/div>\n<\/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-1744748095712-473\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1744748095738-737\">\n<table class=\"image image--padding-vertical image--mobile-scale image--mobile-center\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1744748095764-177\">\n<tbody>\n<tr>\n<td class=\"image_container content-padding-horizontal\" align=\"center\" valign=\"top\">\n<table class=\"image_container-caption text\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"text_content-cell\" align=\"center\"><a href=\"https:\/\/www.cannontrading.com\/cannon-x-demo\" target=\"_blank\" rel=\"noopener\" data-trackable=\"true\"><img decoding=\"async\" class=\"image_content\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/eb23d89b-a6ee-494c-a74a-38b5f4e886e7.png?rdr=true\" alt=\"\" width=\"590\" data-image-content=\"\" title=\"\"><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1743538020607-082\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1743538020636-480\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1743538020663-237\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1748374322939-870\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1748374322965-885\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1748374322990-537\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\">\n<h1 style=\"text-align: center\">July Rough Rice<\/h1>\n<p>July rice stabilized its extended decline after satisfying its fourth downside PriceCount objective last month. Now, the chart has activated upside counts on the recovery and completed the first objective to the 1344 area.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1748374303874-453\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1748374303903-571\">\n<table class=\"image image--padding-vertical image--mobile-scale image--mobile-center\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1748374303928-472\">\n<tbody>\n<tr>\n<td class=\"image_container content-padding-horizontal\" align=\"center\" valign=\"top\">\n<table class=\"image_container-caption text\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"text_content-cell\" align=\"center\"><img decoding=\"async\" class=\"image_content\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/30500dc2-f6a4-4cbc-af1a-baab6b4e6290.png?rdr=true\" alt=\"\" width=\"590\" data-image-content=\"\" title=\"\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1738280799252-151\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738280799271-536\">\n<div class=\"spacer\" data-cpeid=\"w-1738280799290-785\">\u200a<em style=\"font-family: inherit;font-size: inherit\">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.<\/em><\/p>\n<p class=\"indent-0\" align=\"center\"><em>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<\/em><\/p>\n<p class=\"indent-0\" align=\"center\"><em>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.<\/em><\/p>\n<\/div>\n<\/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-1743538004472-795\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1743538004502-672\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1743538004529-248\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1661369887845-263\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1661369887845-678\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1661369887845-315\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\">\n<h1 align=\"center\">Daily Levels for May 28th, 2025<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1738617136728-636\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738617136728-982\">\n<table class=\"image image--padding-vertical image--mobile-scale image--mobile-center\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738617136728-677\">\n<tbody>\n<tr>\n<td class=\"image_container content-padding-horizontal\" align=\"center\" valign=\"top\">\n<table class=\"image_container-caption text\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"text_content-cell\" align=\"center\"><img decoding=\"async\" class=\"image_content\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ef94b34f-0998-454c-91f8-6f25f50f8a97.png?rdr=true\" alt=\"\" width=\"485\" data-image-content=\"\" title=\"\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1739912470608-088\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1739912470634-438\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1739912470657-855\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\">\n<h3 style=\"text-align: center\"><em>Want to feature our updated trading levels on your website?\u00a0Simply paste a small code, and they&#8217;ll update automatically every day!\u00a0<\/em><\/h3>\n<h3 style=\"text-align: center\"><em><a href=\"https:\/\/demo2.cannontrading.com\/widget\/\" target=\"_blank\" rel=\"noopener noreferrer\">Click here for quick and easy instructions<\/a>.<\/em><\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1738289977196-556\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738289977222-167\">\n<div class=\"spacer\" data-cpeid=\"w-1738289977243-612\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#145fa2\" data-cpeid=\"w-1738599687507-477\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738599687506-762\">\n<div class=\"spacer\" data-cpeid=\"w-1738599687506-115\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#145fa2\" data-cpeid=\"w-1661369887845-732\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1661369887845-323\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1661369887845-779\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\">\n<h1 align=\"center\">Economic Reports<\/h1>\n<p align=\"center\">provided by:<a href=\"https:\/\/www.forexfactory.com\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-segment-action=\"add\" data-segment-id=\"436d64a0-dd7d-11e3-91c2-d4ae529a8639\">\u00a0<\/a><a href=\"https:\/\/www.forexfactory.com\/calendar?day=tomorrow\" target=\"_blank\" rel=\"noopener noreferrer\">ForexFactory.com<\/a><\/p>\n<p align=\"center\">All times are Eastern Time (New York)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"image image--padding-vertical image--mobile-scale image--mobile-center\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1721410329948-485\">\n<tbody>\n<tr>\n<td class=\"image_container content-padding-horizontal\" align=\"center\" valign=\"top\">\n<table class=\"image_container-caption text\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"text_content-cell\" align=\"center\"><img decoding=\"async\" class=\"image_content\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/7fecf148-1b39-4e43-a521-bb3f691d4a25.png?rdr=true\" alt=\"\" width=\"540\" data-image-content=\"\" title=\"\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#145fa2\" data-cpeid=\"w-1738289979590-424\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738289979616-497\">\n<div class=\"spacer\" data-cpeid=\"w-1738289979640-152\"><\/div>\n<\/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-1738600414522-473\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738600414547-047\">\n<div class=\"spacer\" data-cpeid=\"w-1738599926155-214\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--heading layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738600287390-770\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738600287390-623\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738600287390-677\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"center\" valign=\"top\">\n<h1>Find us on Trustpilot<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1738600366589-453\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738600366615-177\">\n<table class=\"image image--mobile-scale image--mobile-center\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1661369887845-973\">\n<tbody>\n<tr>\n<td class=\"image_container\" align=\"center\" valign=\"top\">\n<table class=\"image_container-caption text\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"text_content-cell\" align=\"center\"><a href=\"https:\/\/www.trustpilot.com\/review\/cannontrading.com?utm_medium=trustbox&amp;utm_source=Slider\" target=\"_blank\" rel=\"noopener\" data-trackable=\"true\"><img decoding=\"async\" class=\"image_content\" 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=\"\" width=\"158\" data-image-content=\"\" title=\"\"><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1738600420307-421\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738600420307-053\">\n<div class=\"spacer\" data-cpeid=\"w-1738600420307-348\"><\/div>\n<\/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-1661369887845-255\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1661369887845-196\">\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1661369887845-111\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\">\n<p align=\"center\"><em>Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0<\/em><\/p>\n<p align=\"center\"><em>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. <\/em><\/p>\n<p align=\"center\"><em>Opinions, market data, and recommendations are subject to change at any time.<\/em><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1738599929416-730\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738599929439-229\">\n<div class=\"spacer\" data-cpeid=\"w-1738599929459-113\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#e9f3fa\" data-cpeid=\"w-1738601268610-538\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738601268610-164\">\n<div class=\"spacer\" data-cpeid=\"w-1738601268610-465\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#e9f3fa\" data-cpeid=\"w-1738277979508-145\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738277979532-641\">\n<table class=\"button button--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738601149446-911\">\n<tbody>\n<tr>\n<td class=\"button_container content-padding-horizontal\" align=\"center\">\n<table class=\"button_content-row\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"button_content-cell button_link\" align=\"center\" bgcolor=\"#145fa2\"><a class=\"button_link\" href=\"tel:800-454-9572\" target=\"_blank\" rel=\"noopener\" data-trackable=\"true\">Call Now<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"text text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1661369887844-362\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"left\" valign=\"top\">\n<p align=\"center\">\n<p align=\"center\">Join our\u00a0<a href=\"https:\/\/www.facebook.com\/groups\/1105191589938254\" target=\"_blank\" rel=\"noopener noreferrer\">Private Facebook group<\/a><\/p>\n<p align=\"center\">Subscribe to our\u00a0<a href=\"https:\/\/www.youtube.com\/channel\/UCf-asPYp_40m1unYPKpUhaw\" target=\"_blank\" rel=\"noopener noreferrer\">YouTube Channel<\/a><\/p>\n<p align=\"center\">Listen to our podcast: Subscribe on\u00a0<a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/cannon-trading-podcast\/id1741750047\" target=\"_blank\" rel=\"noopener noreferrer\">Apple<\/a>,\u00a0<a href=\"https:\/\/open.spotify.com\/show\/2f2XDpcODSZAo2gMFNTKlq\" target=\"_blank\" rel=\"noopener noreferrer\">Spotif<\/a>y,\u00a0<a href=\"https:\/\/music.amazon.com\/podcasts\/98ecd233-c16f-4418-8d6f-89f94e41f3b7\/cannon-trading-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">Amazon<\/a><\/p>\n<p align=\"center\">or wherever you listen to podcasts!<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1661369887845-869\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1661369887845-399\">\n<table class=\"divider\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1661369887845-311\">\n<tbody>\n<tr>\n<td class=\"divider_container\" align=\"center\" valign=\"top\" width=\"100%\">\n<table class=\"divider_content-row\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"divider_content-cell\" align=\"center\" bgcolor=\"#e9f3fa\" height=\"1\"><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=\"\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#e9f3fa\" data-cpeid=\"w-1738600128778-333\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738600128799-773\">\n<table class=\"socialFollow socialFollow--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738600128819-553\">\n<tbody>\n<tr>\n<td class=\"socialFollow_container\" align=\"center\" valign=\"top\" width=\"100%\"><a href=\"https:\/\/www.facebook.com\/CannonTrading\" target=\"_blank\" rel=\"noopener\" data-trackable=\"true\"><img decoding=\"async\" class=\"socialFollow_icon\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/CPE\/SocialIcons\/circles\/circleBlack_Facebook_v4.png\" alt=\"Facebook\" width=\"32\" border=\"0\" title=\"\"><\/a>\u00a0\u00a0<a href=\"https:\/\/www.instagram.com\/CannonTrading\" target=\"_blank\" rel=\"noopener\" data-trackable=\"true\"><img decoding=\"async\" class=\"socialFollow_icon\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/CPE\/SocialIcons\/circles\/circleBlack_Instagram_v4.png\" alt=\"Instagram\" width=\"32\" border=\"0\" title=\"\"><\/a>\u00a0\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/cannon-trading\/\" target=\"_blank\" rel=\"noopener\" data-trackable=\"true\"><img decoding=\"async\" class=\"socialFollow_icon\" src=\"https:\/\/imgssl.constantcontact.com\/letters\/images\/CPE\/SocialIcons\/circles\/circleBlack_LinkedIn_v4.png\" alt=\"LinkedIn\" width=\"32\" border=\"0\" title=\"\"><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/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-1661369887846-702\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1661369887846-778\">\n<table class=\"divider\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1661369887846-205\">\n<tbody>\n<tr>\n<td class=\"divider_container\" align=\"center\" valign=\"top\" width=\"100%\">\n<table class=\"divider_content-row\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"divider_content-cell\" align=\"center\" bgcolor=\"#e9f3fa\" height=\"1\"><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=\"\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#e9f3fa\" data-cpeid=\"w-1738599777669-017\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738599777692-579\">\n<table class=\"image image--padding-vertical image--mobile-scale image--mobile-center\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738599770227-493\">\n<tbody>\n<tr>\n<td class=\"image_container content-padding-horizontal\" align=\"center\" valign=\"top\">\n<table class=\"image_container-caption text\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"text_content-cell\" align=\"center\"><a href=\"http:\/\/cannontrading.com\/\" target=\"_blank\" rel=\"noopener\" data-trackable=\"true\"><img decoding=\"async\" class=\"image_content\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ef3ab1c9-8d6d-4e60-a3f1-af5d9d4ecbb3.png?rdr=true\" alt=\"\" width=\"349\" data-image-content=\"\" title=\"\"><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#e9f3fa\" data-cpeid=\"w-1738600185933-530\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1738600185959-654\">\n<div class=\"spacer\" data-cpeid=\"w-1738600185980-582\"><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr class=\"\" data-cpeid=\"w-1738280522176-958\">\n<td class=\"shell_panel-cell\" align=\"center\" valign=\"top\" bgcolor=\"#145fa2\">\n<table class=\"shell_width-row scale\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"shell_width-cell\" align=\"center\" valign=\"top\">\n<table class=\"shell_content-row\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"shell_content-cell\" align=\"center\" valign=\"top\" bgcolor=\"#145fa2\">\n<table class=\"layout layout--navigationBar layout--5-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" bgcolor=\"#145fa2\" data-cpeid=\"w-1738280422670-325\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"middle\" data-cpeid=\"w-1738280422670-170\">\n<table class=\"text text--feature text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738280422670-107\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"center\" valign=\"top\"><a href=\"https:\/\/www.cannontrading.com\/services\/futures-trading-services\" target=\"_blank\" rel=\"noopener noreferrer\">Services<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td class=\"column column--2 scale stack\" align=\"center\" valign=\"middle\" data-cpeid=\"w-1738280422670-823\">\n<table class=\"text text--feature text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738280422670-821\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"center\" valign=\"top\"><a href=\"https:\/\/www.cannontrading.com\/software\/help-me-choose-the-best-futures-trading-platform\" target=\"_blank\" rel=\"noopener noreferrer\">Software<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td class=\"column column--3 scale stack\" align=\"center\" valign=\"middle\" data-cpeid=\"w-1738280422670-274\">\n<table class=\"text text--feature text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738280422670-702\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"center\" valign=\"top\"><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-commodities-trading-resources\" target=\"_blank\" rel=\"noopener noreferrer\">Tools<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td class=\"column column--4 scale stack\" align=\"center\" valign=\"middle\" data-cpeid=\"w-1738280422670-813\">\n<table class=\"text text--feature text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738280422670-831\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"center\" valign=\"top\"><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Tight-Stops-Wide-Stops-Use-Sugar-Outlook\" target=\"_blank\" rel=\"noopener noreferrer\">Community<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<td class=\"column column--5 scale stack\" align=\"center\" valign=\"middle\" data-cpeid=\"w-1738280422670-747\">\n<table class=\"text text--feature text--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1738280422670-444\">\n<tbody>\n<tr>\n<td class=\"text_content-cell content-padding-horizontal\" align=\"center\" valign=\"top\"><a href=\"https:\/\/www.cannontrading.com\/company\/contact\" target=\"_blank\" rel=\"noopener noreferrer\">Contact<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<tr class=\"\" data-cpeid=\"w-1716229570528-404\">\n<td class=\"shell_panel-cell shell_panel-cell--footer\" align=\"center\" valign=\"top\" bgcolor=\"#FFFFFF\">\n<table class=\"shell_width-row scale\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"shell_width-cell\" align=\"center\" valign=\"top\">\n<table class=\"shell_content-row\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" align=\"center\">\n<tbody>\n<tr>\n<td class=\"shell_content-cell\" align=\"center\" valign=\"top\" bgcolor=\"transparent\">\n<table class=\"layout layout--1-column\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1716229570528-431\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1716229570528-833\">\n<table class=\"complianceAddress complianceAddress--padding-vertical\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\" data-cpeid=\"w-1716229570527-971\">\n<tbody>\n<tr>\n<td class=\"complianceAddress_content-cell content-padding-horizontal\" align=\"center\"><em><span class=\"stack\">Cannon Trading Co., Inc.<\/span><\/em><\/p>\n<p><em><span class=\"stack\">12100 Wilshire Blvd.<\/span><\/em><\/p>\n<p><em><span class=\"stack\">Suite 1640<\/span><\/em><\/p>\n<p><em><span class=\"stack\">Los Angeles, CA 90025 US<\/span><\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>FOMC Minutes, NVIDIA By John Thorpe, Senior Broker CME is in the process of initial margin reduction. The Initial margin for the ES is now just 23,996.50 approx.\u00a0$1000 less than last week. An important data day tomorrow:\u00a0 FOMC Meeting Minutes and NVIDIA earnings release. From the wires today: An upbeat earnings report by Nvidia Corp. [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,230,1491,237,239,67,70,30,3,61,358,235,344,233,1378,234],"tags":[],"class_list":["post-21709","post","type-post","status-publish","format-standard","hentry","category-charts-indicators","category-commodity-brokers-2","category-commodity-trading-2","category-day-trading-2","category-e-mini-futures","category-energy-futures","category-financial-futures","category-future-trading-news","category-future-trading-platform","category-futures-broker-2","category-futures-exchange","category-futures-trading-2","category-futures-trading-education","category-index-futures","category-indices","category-options-trading-2","category-sp-500","category-trading-guide"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21709","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\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=21709"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21709\/revisions"}],"predecessor-version":[{"id":21710,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21709\/revisions\/21710"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=21709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=21709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=21709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}