{"id":22030,"date":"2025-07-23T13:23:41","date_gmt":"2025-07-23T20:23:41","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=22030"},"modified":"2025-07-23T13:23:41","modified_gmt":"2025-07-23T20:23:41","slug":"e-mini-2","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/e-mini-2\/","title":{"rendered":"E-Mini, September Yen, Natural Gas, Levels, Reports; Your 5 Important Need-To-Knows for Trading Futures on July 24th, 2025"},"content":{"rendered":"

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Bullet Points, Highlights, Announcements<\/h1>\n

By Mark O’ Brien, Senior Broker<\/em><\/h4>\n

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Stock Indexes:<\/strong><\/span><\/em><\/p>\n

E-Mini<\/h2>\n

Stock index futures climbed today on the heels of news the U.S. struck a trade deal with Japan.\u00a0The September E-mini Dow Jones contract rose more than 450 points, a \u00b1$2,250-per contract move (>1%) and nearing its first record close of 2025.\u00a0The E-mini S&P 500 moved up \u00b145 points, also a \u00b1$2,250-point move and the E-mini Nasdaq rose \u00b160 points, both once again pacing for record closes.<\/p>\n

Futures are readying for a big test in Google-parent Alphabet and Tesla’s earnings due after the bell, the first of the “Magnificent Seven” to report.<\/p>\n

Energy:<\/strong><\/span><\/em><\/p>\n

Natural Gas<\/h3>\n

With elevated supply overshadowing demand, August natural gas futures floundered through midday today trading lower for a third consecutive session this week to an intraday low of $3.061, nearing an 8-month low of $2.974 posted intraday on Nov.4, 2024.\u00a0The contract has made a \u00b1$20,000 move down after trading briefly above $5.000 in early March.<\/p>\n

Metals:<\/strong><\/span><\/em><\/p>\n

Gold<\/h2>\n

While gold futures are up around 30% so far this year (credit the global trade war, geopolitical risks and central bank buying as key drivers for the precious metals\u2019 rally, that same trade deal saw Dec. Gold register a \u00b1$45 per ounce loss today and once again trading back near $3,400 per ounce.<\/p>\n

Copper futures hit a new record today as the U.S. market continues to brace itself for a 50% tariff next month.\u00a0The most active September contracts on the CME soared as much to $5.930 per lb., a new all-time intraday high.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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September Japanese Yen<\/h3>\n

September Yen satisfied its second downside PriceCount recently and is correcting higher. IF the chart can resume its slide with new sustained lows, the third count would project a possible run to the 6528 area.<\/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<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Daily Levels for July 24th, 2025<\/h4>\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<\/h4>\n

provided by:\u00a0<\/a>ForexFactory.com<\/a><\/p>\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><\/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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Bullet Points, Highlights, Announcements By Mark O’ Brien, Senior Broker Stock Indexes: E-Mini Stock index futures climbed today on the heels of news the U.S. struck a trade deal with Japan.\u00a0The September E-mini Dow Jones contract rose more than 450 points, a \u00b1$2,250-per contract move (>1%) and nearing its first record close of 2025.\u00a0The E-mini […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,167,230,1491,782,239,67,70,30,3,61,358,1334,1439,1378,234],"tags":[],"class_list":["post-22030","post","type-post","status-publish","format-standard","hentry","category-charts-indicators","category-commodity-brokers-2","category-commodity-trading-2","category-currency-futures","category-day-trading-2","category-e-mini-futures","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-gold-futures","category-natural-gas","category-sp-500","category-trading-guide"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22030","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=22030"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22030\/revisions"}],"predecessor-version":[{"id":22032,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22030\/revisions\/22032"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=22030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=22030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=22030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}