{"id":22291,"date":"2025-10-21T13:21:11","date_gmt":"2025-10-21T20:21:11","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=22291"},"modified":"2025-10-21T13:21:11","modified_gmt":"2025-10-21T20:21:11","slug":"shutdown","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/shutdown\/","title":{"rendered":"Gov’t Shutdown Continues, Impact on Traders’ Reports, Blackout & Volatility, Levels, Reports; Your 5 Important Must-Knows for Trading Futures on October 22nd, 2025"},"content":{"rendered":"\n\n\n
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Govt. Shut Down & Commitment of Traders Reports<\/h1>\n

By John Thorpe, Senior Broker<\/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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At-a-Glance Levels<\/h2>\n
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Instrument<\/th>\nS2<\/th>\nS1<\/th>\nPivot<\/th>\nR1<\/th>\nR2<\/th>\n<\/th>\n<\/th>\n<\/tr>\n<\/thead>\n
Gold (GC)<\/strong>\u00a0\u2014 Dec (GCZ5)<\/td>\n3903<\/td>\n4013.60<\/td>\n4203.60<\/td>\n4314.20<\/td>\n4504.20<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Silver (SI)<\/strong>\u00a0\u2014 Dec (SIZ5)<\/td>\n44.35<\/td>\n46.08<\/td>\n48.85<\/td>\n50.57<\/td>\n53.34<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Crude Oil (CL)<\/strong>\u00a0\u2014 Nov (CLX5)<\/td>\n55.56<\/td>\n56.49<\/td>\n57.29<\/td>\n58.22<\/td>\n59.02<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\u00a0Dow Jones (YM)<\/strong> \u2014 Dec 2025<\/td>\n46578<\/td>\n46865<\/td>\n47100<\/td>\n47387<\/td>\n47622<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\"shutdown\"<\/p>\n<\/div>\n

Current 2025 Government Shutdown:<\/h2>\n

As of October 21, 2025, the ongoing U.S. government shutdown (which began October 1) has suspended COT reports since the last release covering data up to September 23.<\/p>\n

Weekly Released Commitment of Traders<\/h2>\n

Weekly released\u00a0Commitment of Traders\u00a0reports from the CFTC provide transparency into the positioning of various trader groups (such as speculators, hedgers, and commercial participants) in futures and options markets.<\/p>\n

Risk of Delay\/Absence<\/em><\/h3>\n

When these reports are delayed or absent\u2014typically due to events like government shutdowns or external disruptions\u2014it creates a data vacuum that can amplify uncertainty among traders.<\/p>\n

Threat of Insight Void<\/em><\/h3>\n

This lack of insight into market sentiment and positioning often leads to increased speculative activity, herding behavior, and potential overreactions, ultimately contributing to higher volatility in futures markets.<\/p>\n

Blackout<\/h2>\n

This blackout has left commodity futures traders “flying blind,” relying on alternative indicators like open interest changes, ETF flows, and futures curve shapes to infer speculative trends. The absence amplifies risks of speculative crowding\u2014where positions build excessively without oversight\u2014potentially leading to sharper price reversals when reports resume.<\/p>\n

Volatility<\/h2>\n

Overall market volatility has shown mixed effects: implied volatility has ticked up slightly due to uncertainty, but in some areas like bonds, it has actually decreased from a lack of data.\u00a0Agricultural futures have been hit harder, with disruptions to USDA data releases causing supply chain delays and emotional, rumor-driven trading that heightens volatility<\/p>\n

\u00a0Instant Viewing\/Download: Commitment of Traders Report – How to Use?<\/a><\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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December Oats<\/h3>\n

December oats met the low percentage fourth downside PriceCount objective to the 2.85 area which suggests we may have come far enough to satisfy this phase of the bear move. At this point, if the chart can extend the recovery with two closes above the 3.015 October high, we would activate upside counts.<\/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. 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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Daily Levels for Oct. 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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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

\u00a0U.S. government data may be impacted by the shutdown. ‘Tentative’ events are subject to delay, revision, or cancellation<\/p>\n

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

All times are Central Time ( Chicago)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\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><\/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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Call Now<\/a><\/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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Join our\u00a0Private Facebook group<\/a><\/p>\n

Subscribe to our\u00a0YouTube Channel<\/a><\/p>\n

Listen to our podcast: Subscribe on\u00a0Apple<\/a>,\u00a0Spotif<\/a>y,\u00a0Amazon<\/a><\/p>\n

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

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

Suite 1640<\/span><\/em><\/p>\n

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":"

Govt. Shut Down & Commitment of Traders Reports By John Thorpe, Senior Broker At-a-Glance Levels Instrument S2 S1 Pivot R1 R2 Gold (GC)\u00a0\u2014 Dec (GCZ5) 3903 4013.60 4203.60 4314.20 4504.20 Silver (SI)\u00a0\u2014 Dec (SIZ5) 44.35 46.08 48.85 50.57 53.34 Crude Oil (CL)\u00a0\u2014 Nov (CLX5) 55.56 56.49 57.29 58.22 59.02 \u00a0Dow Jones (YM) \u2014 Dec 2025 […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,119,230,1491,67,70,30,3,61,358,233,1378,234,1483],"tags":[],"class_list":["post-22291","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-e-mini-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-options-trading-2","category-sp-500","category-trading-guide","category-trading-wheat-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22291","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=22291"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22291\/revisions"}],"predecessor-version":[{"id":22293,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22291\/revisions\/22293"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=22291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=22291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=22291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}