{"id":21711,"date":"2025-05-28T13:16:22","date_gmt":"2025-05-28T20:16:22","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=21711"},"modified":"2025-05-28T13:16:22","modified_gmt":"2025-05-28T20:16:22","slug":"trading-futures","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/trading-futures\/","title":{"rendered":"Trading Futures: Financial, Energy, Softs – Your 3 Important Need-To-Knows For Trading Futures on May 29th, 2025"},"content":{"rendered":"

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What to Know Before Trading Futures on May 29th<\/h1>\n\n\n\n
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Key points for Trading Futures Tomorrow:<\/h3>\n

By Mark O’Brien, Senior Broker<\/em><\/h3>\n

\"trading<\/p>\n

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Trading Futures – Financial:<\/strong><\/span><\/p>\n

Minutes of the May 6-7 Federal Reserve policy meeting were released today and officials signaled concern that large tariff hikes would push up prices and could risk stoking higher inflation. Policymakers largely agreed that heightened economic uncertainty and increased risks of both higher unemployment and inflation warranted no change in their wait-and-see policy stance. Investors in interest-rate futures markets expect the Fed will hold rates steady through the summer.<\/p>\n

Trading Futures – Energy:<\/strong><\/span><\/p>\n

Oil prices gained more than 1% today on supply concerns as OPEC+ agreed to leave their output policy unchanged and as U.S. barred Chevron from exporting Venezuelan crude.<\/p>\n

Investors anticipated members of OPEC+ would agree to a production increase later this week.<\/p>\n

Still,\u00a0July crude oil futures\u00a0have remained range bound between $60 and $63 per barrel for the last two weeks and well below its 100-day moving average near $66.20.<\/p>\n

July natural gas prices\u00a0slumped mid-session today with it\u2019s the latest threat from the July contract to move through its 200-day moving average near $3.53. \u00a0A break below could open the door to further losses, with downside risk extending to $3.444 and possibly $3.338 in the short term.<\/p>\n

Trading Futures<\/h3>\n

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The near-term weather outlook remains a bearish overhang.\u00a0Forecasts through June 3rd call for cooler temperatures across the eastern half of the U.S., including Texas and the South, dragging national demand lower.<\/p>\n

Softs:<\/p>\n

July sugar futures settled down 0.32 to 16.90 cents per pound, the lowest price since mid-January.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Daily Levels for May 29th, 2025<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Want to feature our updated trading levels on your website?\u00a0Simply paste a small code, and they’ll update automatically every day!\u00a0Click here for quick and easy instructions<\/a>.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Economic Reports<\/h1>\n

provided by:\u00a0<\/a>ForexFactory.com<\/a><\/p>\n

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Find us on Trustpilot<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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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.\u00a0<\/em><\/p>\n

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

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\n\n\n
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Cannon Trading Co., Inc.<\/span><\/em><\/p>\n

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What to Know Before Trading Futures on May 29th Key points for Trading Futures Tomorrow: By Mark O’Brien, Senior Broker   Trading Futures – Financial: Minutes of the May 6-7 Federal Reserve policy meeting were released today and officials signaled concern that large tariff hikes would push up prices and could risk stoking higher inflation. […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,167,237,239,67,70,30,3,61,358,235,1484,233,234],"tags":[16,73],"class_list":["post-21711","post","type-post","status-publish","format-standard","hentry","category-charts-indicators","category-commodity-brokers-2","category-commodity-trading-2","category-currency-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-nasdaq","category-options-trading-2","category-trading-guide","tag-futures-trading","tag-trading-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21711","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=21711"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21711\/revisions"}],"predecessor-version":[{"id":21714,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21711\/revisions\/21714"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=21711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=21711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=21711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}