{"id":22294,"date":"2025-10-22T13:23:50","date_gmt":"2025-10-22T20:23:50","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=22294"},"modified":"2025-10-22T13:23:50","modified_gmt":"2025-10-22T20:23:50","slug":"futures-fyi","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/futures-fyi\/","title":{"rendered":"Futures FYI: Metals, Stock Index Futures, Energies, Dec-March Corn Spread, Levels, Reports; Your 6 Important Need-To-Knows for Trading Futures on October 23rd, 2025"},"content":{"rendered":"\n\n\n
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What You Need to Know Before Trading Futures Tomorrow!<\/h1>\n

By Mark O’Brien, Senior Broker<\/em><\/h3>\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\n\n\n
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\"futures\"<\/h2>\n

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>\n3951.53<\/td>\n4035.67<\/td>\n4105.33<\/td>\n4189.47<\/td>\n4259.43<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Silver (SI)<\/strong>\u00a0\u2014 Dec (SIZ5)<\/td>\n46.09<\/td>\n47.19<\/td>\n47.92<\/td>\n49.02<\/td>\n49.75<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Crude Oil (CL)<\/strong>\u00a0\u2014 Nov (CLX5)<\/td>\n56.37<\/td>\n57.88<\/td>\n58.86<\/td>\n60.37<\/td>\n61.35<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\u00a0Dow Jones (YM)<\/strong> \u2014 Dec 2025<\/td>\n46315<\/td>\n46553<\/td>\n46877<\/td>\n47115<\/td>\n47439<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

General:<\/h2>\n

Day 22 of the U.S Government shut-down, now the second-longest on record. Today it overtook the 21-day shutdown of 1995-96.\u00a0Without a fix, many federal employees will not be getting paid this Friday, the first full paycheck they’ll miss as a result of the shutdown.<\/p>\n

Stock Index Futures:<\/h2>\n

We\u2019re amidst earning season for the third quarter.\u00a0Moving into full swing, all eyes were on IBM, AT&T and in particular Tesla \u2013 all releasing their latest earnings results after the closing bell.<\/p>\n

Tomorrow: Intel<\/h4>\n

Metals:<\/h2>\n

It\u2019s another installment of the broken record precious metals report \u2013 with a twist.<\/p>\n

On Monday, Dec. gold futures rose to a new all-time intraday high of $4,398.00\/ounce and closed up nearly $150\/ounce above Friday\u2019s close.\u00a0As this blog is being composed, the contract is trading \u00b1$300\/ounce lower \u00b1$4,090\/ounce \u2013 a \u00b1$30,000 per contract move.\u00a0This includes yesterday\u2019s free-fall of over $300\/ounce marking its largest single-day sell-off in 13 years.<\/p>\n

Despite the dip, gold is still up over 50% year-to-date.\u00a0HSBC predicts that the precious metal will hit $5,000 next year.<\/p>\n

Energies:<\/h2>\n

After remaining on their lows last week \u2013 with a new multi-month intraday low of $55.96\/barrel in the December contract on Monday, futures rose after President Trump again said India would reduce its purchases of Russian oil, while today\u2019s EIA\u2019s report showed a one-million-barrel drop in U.S. crude oil inventories following three weekly builds. Today, Dec. crude oil rose over $2.00\/barrel to an intraday high of $59.67\/barrel.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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Dec – March Corn Spread<\/h3>\n

The Dec-March corn spread has resumed its rally into a new high. At this point, the chart appears to be taking aim at its third upside PriceCount objective to the -12 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. 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. 23rd, 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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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":"

What You Need to Know Before Trading Futures Tomorrow! By Mark O’Brien, Senior Broker At-a-Glance Levels Instrument S2 S1 Pivot R1 R2 Gold (GC)\u00a0\u2014 Dec (GCZ5) 3951.53 4035.67 4105.33 4189.47 4259.43 Silver (SI)\u00a0\u2014 Dec (SIZ5) 46.09 47.19 47.92 49.02 49.75 Crude Oil (CL)\u00a0\u2014 Nov (CLX5) 56.37 57.88 58.86 60.37 61.35 \u00a0Dow Jones (YM) \u2014 Dec […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1434,231,76,119,230,1491,782,237,239,67,70,30,3,61,358,1334,235,344,1484,1378,234],"tags":[],"class_list":["post-22294","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-economic-trading","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-gold-futures","category-index-futures","category-indices","category-nasdaq","category-sp-500","category-trading-guide"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22294","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=22294"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22294\/revisions"}],"predecessor-version":[{"id":22296,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22294\/revisions\/22296"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=22294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=22294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=22294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}