{"id":22545,"date":"2026-01-06T13:13:54","date_gmt":"2026-01-06T21:13:54","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=22545"},"modified":"2026-01-06T13:13:54","modified_gmt":"2026-01-06T21:13:54","slug":"q4","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/q4\/","title":{"rendered":"Q4 Earnings on the way, The January Effect, Coinbase on StoneX, March Feeder Cattle, Levels, Reports; Your 6 Important Can’t-Miss Need-To-Knows for Trading Futures on January 7th, 2026"},"content":{"rendered":"\n\n\n
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Bulls are surviving\u2026. for now.<\/h1>\n

Earnings for Q4 to arrive mid-month.<\/h1>\n

The January effect and more\u2026<\/h1>\n

By John Thorpe, Senior Broker<\/em><\/h4>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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At-a-Glance Levels<\/h1>\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
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Gold (GC)<\/strong><\/h2>\n

\u2014 Feb(#GC)<\/td>\n

4413.57<\/td>\n4458.63<\/td>\n4482.97<\/td>\n4528.03<\/td>\n4552.37<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Silver (SI)<\/strong><\/h2>\n

\u2014 Mar. (#SI)<\/td>\n

73.66<\/td>\n77.41<\/td>\n79.45<\/td>\n83.19<\/td>\n85.23<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Crude Oil (CL)<\/strong><\/h2>\n

\u2014 Jan (#CL)<\/td>\n

55.51<\/td>\n56.22<\/td>\n57.54<\/td>\n58.25<\/td>\n59.57<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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\u00a0Mar. Bonds (ZB)<\/strong><\/h2>\n

\u2014 Mar (#ZB)<\/td>\n

114 19\/32<\/td>\n114 30\/32<\/td>\n115 5\/32<\/td>\n115 16\/32<\/td>\n115 23\/32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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\u00a0Is there a statistical average return for equities in the two weeks, at the start of the year, between Jan 2 and the first Q4 earnings drop?<\/em><\/h4>\n

\"q4\"<\/p>\n

Over the last few decades there is no single, reliable pattern where the broad U.S. equity market consistently rises or falls specifically\u00a0in the short window between New Year\u2019s and the bulk of Q4 earnings releases. What does show up is a mix of weak calendar tendencies (January effect, \u201cearnings drift\u201d) that are small, noisy, and far from tradable guarantees on their own.\u200b<\/p>\n

Clarifying the window<\/h2>\n

Most Q4 earnings for large caps (e.g., S&P 500) start in mid\u2011January and cluster through early\u2011mid February, so the \u201cpre\u2011Q4\u2011earnings\u201d period after New Year\u2019s is roughly the first one to two weeks of January. Over 30\u2011year horizons, most seasonality and earnings studies look at full\u2011month or full\u2011quarter behavior, not a narrow slice, which is why there is no widely cited statistic like \u201caverage return from Jan 2 to the start of Q4 earnings season over 30 years.\u201d\u200b<\/p>\n

Relevant tendencies<\/h2>\n

Within that limitation, several known effects partly touch this two-week window:<\/em><\/h3>\n
    \n
  • January effect (especially small caps)<\/li>\n
  • Small\u2011cap stocks have often shown a tendency to outperform in early January, attributed to tax\u2011loss selling in December and re\u2011buying in January, plus new\u2011year allocations, but more recent work finds the effect weaker and less reliable than in older data.\u200b<\/li>\n
  • Q4 strength and earnings backdrop<\/li>\n
  • Q4 as a whole has historically been one of the stronger quarters for the S&P 500, with average gains in the mid\u2011single\u2011digits since mid\u201120th century, though this refers to October\u2013December, not the post\u2011New\u2011Year slice. By the time New Year hits, a significant part of earnings expectations is already priced, and subsequent moves around reports are more about surprises than about the calendar date.\u200b<\/li>\n
  • January barometer \/ momentum narrative<\/li>\n
  • Many commentaries note that\u00a0\u201c when January is up, the rest of the year has, on average, been stronger than normal\u201d, but this is a loose correlation about the whole month and full\u2011year returns rather than a stable edge specifically before Q4 earnings.\u200b<\/li>\n<\/ul>\n

    Practical takeaway<\/h2>\n

    For trading or risk\u2011management purposes, the evidence supports treating the early\u2011January, pre\u2011Q4\u2011earnings period as having only weak, noisy seasonality that is easily swamped by macro data, positioning, and idiosyncratic earnings news. If you want a usable edge, it typically comes from cross\u2011sectional earnings\u2011surprise\/dispersion work or specific factor exposures, not from the simple calendar relationship of \u201cjust before Q4 reports in early January.\u201d\u200b<\/p>\n

    Plan your trade and trade your plan.<\/h1>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n

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Coinbase Products available for trading on the StoneX (CannonX) Futures Platform! See details below:<\/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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Name<\/td>\nExchange<\/td>\nClass<\/td>\nExchange Symbol<\/td>\nCQG Symbol<\/td>\nSize<\/td>\n<\/tr>\n
nano XRP<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nXRP<\/td>\nXRP<\/td>\n500 XRP<\/td>\n<\/tr>\n
XRP<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nXRL<\/td>\nXRL<\/td>\n10,000 XRPXRP<\/td>\n<\/tr>\n
nano XRP Perp-Style<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nXPP<\/td>\nXPP<\/td>\n500 XRP<\/td>\n<\/tr>\n
nano Solana<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nSOL<\/td>\nSOL<\/td>\n5 Solana<\/td>\n<\/tr>\n
nano Solana Perp-Style<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nSLP<\/td>\nSLP<\/td>\n5 Solana<\/td>\n<\/tr>\n
Solana<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nSLC<\/td>\nSLC<\/td>\n100 Solana<\/td>\n<\/tr>\n
nano Ether Perp-Style<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nETP<\/td>\nETP<\/td>\n0.1 Ethereum<\/td>\n<\/tr>\n
Ether<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nETI<\/td>\nETI<\/td>\n10 Ethereum<\/td>\n<\/tr>\n
nano Ether<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nET<\/td>\nNET<\/td>\n0.1 Ethereum<\/td>\n<\/tr>\n
nano Bitcoin<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nBIT<\/td>\nBIT<\/td>\n0.01 Bitcoin<\/td>\n<\/tr>\n
nano Bitcoin Perp-Style<\/a><\/td>\nCoinbase<\/td>\nCrypto<\/td>\nBIP<\/td>\nBIP<\/td>\n0.01 Bitcoin<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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March Feeder Cattle<\/h2>\n

March Feeder Cattle stabilized its break with a key reversal in November. Since then, the chart has methodically worked its way back to the topside including closing the late October gap and activating a fresh set of upside PriceCount objectives. At this point, the chart is taking aim at the first count to the 362.57 area.<\/p>\n

FREE TRIAL AVAILABLE<\/a><\/h2>\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. <\/em><\/p>\n

Learn more at\u00a0www.qtchartoftheday.com<\/a><\/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><\/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 January 7th 2026<\/h2>\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<\/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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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

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":"

Bulls are surviving\u2026. for now. Earnings for Q4 to arrive mid-month. The January effect and more\u2026 By John Thorpe, Senior Broker At-a-Glance Levels Instrument S2 S1 Pivot R1 R2 Gold (GC) \u2014 Feb(#GC) 4413.57 4458.63 4482.97 4528.03 4552.37 Silver (SI) \u2014 Mar. (#SI) 73.66 77.41 79.45 83.19 85.23 Crude Oil (CL) \u2014 Jan (#CL) 55.51 […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1243,231],"tags":[1251,16,1919,1918],"class_list":["post-22545","post","type-post","status-publish","format-standard","hentry","category-bitcoin-futures","category-commodity-brokers-2","tag-bitcoin","tag-futures-trading","tag-january","tag-q4"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22545","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=22545"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22545\/revisions"}],"predecessor-version":[{"id":22547,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/22545\/revisions\/22547"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=22545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=22545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=22545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}