{"id":22022,"date":"2025-07-21T13:33:31","date_gmt":"2025-07-21T20:33:31","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=22022"},"modified":"2025-07-21T13:33:31","modified_gmt":"2025-07-21T20:33:31","slug":"summer","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/summer\/","title":{"rendered":"Summer Trading, E-Mini S&P 500, December Meal V. Corn Spread, Levels, Reports; Your 5 Important Need-To-Knows for Trading Futures on July 22nd, 2025"},"content":{"rendered":"

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Summer Trading<\/h1>\n

By Ilan Levy-Mayer, VP<\/em><\/h4>\n

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Summer Trading at the Halfway Point<\/em><\/h2>\n

Today\u2019s E-mini S&P 500 (ES) futures volume clocked in at just 874,000 contracts\u2014a level we haven\u2019t seen in months. Summer trading often brings thinner liquidity and choppier price action, so adapting your strategy is key.<\/p>\n

To capture steadier intraday moves, diversify into other high-liquidity markets like gold futures, crude oil, and 30-year Treasury bond futures, where volume and volatility tend to hold up better in the off-season.<\/p>\n

Also, swapping out time-based bars for range bars or volume bars will filter out noise and highlight true buying and selling pressure, giving you cleaner signals for entries, stops, and exits.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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December Meal vs. Corn Spread – in cents\/lb<\/h3>\n

The Dec Meal vs. Corn protein spread satisfied its second downside PriceCount objective to the 6.48 and is correcting higher. At this point, IF the chart can resume its break with new sustained lows, the third count would project a possible drop to the 5.05 area. While this spread is historically narrow already, a 5 cent spread is not unprecedented; we have traded at sub 3 cents in the past.<\/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 July 22nd, 2025<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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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

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

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. <\/em><\/p>\n

Past performance of actual trades or strategies is not necessarily indicative of future results.<\/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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Want to feature our updated trading levels on your website?\u00a0Simply paste a small code, and they’ll update automatically every day!\u00a0<\/em><\/h3>\n

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\n\n\n
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Economic Reports<\/h3>\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.\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><\/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

12100 Wilshire Blvd.<\/span><\/em><\/p>\n

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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":"

Summer Trading By Ilan Levy-Mayer, VP Summer Trading at the Halfway Point Today\u2019s E-mini S&P 500 (ES) futures volume clocked in at just 874,000 contracts\u2014a level we haven\u2019t seen in months. Summer trading often brings thinner liquidity and choppier price action, so adapting your strategy is key. To capture steadier intraday moves, diversify into other […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,1522,119,230,1491,239,67,70,30,3,61,358,1334,238,233,234],"tags":[1432,357,627,1843,19,1842,505],"class_list":["post-22022","post","type-post","status-publish","format-standard","hentry","category-charts-indicators","category-commodity-brokers-2","category-commodity-trading-2","category-corn-futures","category-crude-oil","category-day-trading-2","category-e-mini-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-gold-futures","category-grain-futures","category-options-trading-2","category-trading-guide","tag-corn","tag-crude-oil-2","tag-futures","tag-meal","tag-sp-500","tag-summer","tag-trading"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22022","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=22022"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22022\/revisions"}],"predecessor-version":[{"id":22028,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22022\/revisions\/22028"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=22022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=22022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=22022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}