{"id":21971,"date":"2025-07-15T13:11:45","date_gmt":"2025-07-15T20:11:45","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=21971"},"modified":"2025-07-15T13:33:59","modified_gmt":"2025-07-15T20:33:59","slug":"cpi-4","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/cpi-4\/","title":{"rendered":"CPI, PPI, Crude Oil, Treasury Bonds, Levels, Reports; Your 5 Important Need-To-Knows for Trading Futures on July 16th, 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\">CPI Gone, PPI &amp; Beige Book Ahead<\/h1>\n<h4 style=\"text-align: center\"><em>By John Thorpe, Senior Broker<\/em><\/h4>\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\">\n<h1><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-21969 aligncenter\" src=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2025\/07\/cpi_4.png\" alt=\"cpi\" width=\"501\" height=\"332\" title=\"\" srcset=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2025\/07\/cpi_4.png 501w, https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-content\/uploads\/2025\/07\/cpi_4-300x199.png 300w\" sizes=\"auto, (max-width: 501px) 100vw, 501px\" \/><\/h1>\n<h1 style=\"text-align: center\">\u2003\u2003<strong>C.P.I. has come and gone<\/strong><\/h1>\n<p>In what used to create excess volatility, the C.P.I. posted it\u2019s numbers pre stock market opening and was met by futures market equity participants with little enthusiasm. PPI, which has always followed a day later, will be released tomorrow .<\/p>\n<p>The Mini S&amp;P had a 15 point swing in less then twenty minutes and proceeded to trade lower, slowly throughout the live session. The Mini-Nasdaq popped with a 71 point range as it too, slowly marched with little enthusiasm lower the rest of the day.<\/p>\n<p>It can be said that the only thing moving the markets these days in a consistent direction has been \u00a0a focus on tariffs. Not monetary policy, not fiscal policy, as more data is released, the negative cloud over the markets had been inflation and the effects tariffs would have on inflation. The economic data is just not materializing as Tariff hawks would have been inclined to bet the farm on.<\/p>\n<p>Today, major earnings were reported in the first tranche of earnings reports for Q2 from the banks\u00a0 \u00a0JPM, Wells Fargo, Blackrock, Citi, B of NY, State Street. Tomorrow, we continue with more large money center banks namely PNC, B of A, J &amp; J, Gold Sachs, Morgan Stanely in addition to Alcoa, a market measure of industrial demand.<\/p>\n<p><strong>\u00a0Tomorrow:\u00a0<\/strong><\/p>\n<p><strong>Econ Data:\u00a0<\/strong> PPI, Capacity Utilization, Industrial Production, EIA Crude Stocks, Beige book<\/p>\n<p><strong>\u00a0 \u00a0\u00a0\u00a0 \u00a0FED \u00a0<\/strong>8:15am CT Hammack, 9 am Barr, 5:30 pm Willams<\/p>\n<p><strong> Earnings: P<\/strong>NC, B of A, J &amp; J, Gold Sachs, M. Stanely, Alcoa<\/p>\n<p><strong>Tariff news:<\/strong>\u00a0 <strong>Anything goes!<\/strong><\/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-1752004799630-564\">\n<tbody>\n<tr>\n<td class=\"column column--1 scale stack\" align=\"center\" valign=\"top\" data-cpeid=\"w-1752004799659-954\">\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\">September Lumber<\/h1>\n<p>September lumber satisfied its second upside PriceCount objective and is correcting lower. From here, IF the chart can sustain further strength we have the &#8216;liberation day&#8217; gap to aim for followed by the third count to the 714 area which would be consistent with a challenge of the contract high. The low percentage fourth count &#8211; not shown here &#8211; comes in at 836.<\/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\/e6faad59-d009-4987-a83b-4bfe66d46431.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\"><\/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 July 16th, 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\/26c1b371-2f11-441c-b2d3-71126c7a4bb6.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\/4c35db01-3b3f-46f8-9e0c-b199d62206c3.png?rdr=true\" alt=\"\" width=\"584\" 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.\u00a0You 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. 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\">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>CPI Gone, PPI &amp; Beige Book Ahead By John Thorpe, Senior Broker \u2003\u2003C.P.I. has come and gone In what used to create excess volatility, the C.P.I. posted it\u2019s numbers pre stock market opening and was met by futures market equity participants with little enthusiasm. PPI, which has always followed a day later, will be released [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,119,230,782,239,67,70,30,3,61,358,235,344,233,234],"tags":[],"class_list":["post-21971","post","type-post","status-publish","format-standard","hentry","category-charts-indicators","category-commodity-brokers-2","category-commodity-trading-2","category-crude-oil","category-day-trading-2","category-economic-trading","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-trading-guide"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21971","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=21971"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21971\/revisions"}],"predecessor-version":[{"id":21974,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/21971\/revisions\/21974"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=21971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=21971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=21971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}