{"id":23334,"date":"2026-09-23T13:48:39","date_gmt":"2026-09-23T20:48:39","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=23334"},"modified":"2026-09-23T13:48:39","modified_gmt":"2026-09-23T20:48:39","slug":"crude-oil-sept-24-2026","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/crude-oil-sept-24-2026\/","title":{"rendered":"Your Important Crude Oil, December Copper Outlook | September 24th, 2026"},"content":{"rendered":"\n\n\n
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At A Glance Levels<\/h3>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\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 Dec. (#GC)<\/td>\n

4249.43<\/td>\n4284.97<\/td>\n4346.23<\/td>\n4381.77<\/td>\n4443.03<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Silver (SI)<\/strong><\/h2>\n

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

62.54<\/td>\n63.72<\/td>\n65.89<\/td>\n67.06<\/td>\n69.23<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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Crude Oil (CL)<\/strong><\/h2>\n

\u2014 Oct. (#CL)<\/td>\n

87.24<\/td>\n89.94<\/td>\n91.42<\/td>\n94.12<\/td>\n95.60<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
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\u00a0Dec. Bonds (ZB)<\/strong><\/h2>\n

\u2014 Dec. (#ZB)<\/td>\n

104 8\/32<\/td>\n104 18\/32<\/td>\n105 13\/32<\/td>\n105 30\/32<\/td>\n106 26\/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<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Crude Oil, Precious Metals, Copper Outlook<\/h2>\n

\"Crude<\/p>\n

Crude Oil<\/em><\/h3>\n

Commodity markets were mixed today as traders weighed technical signals and upcoming economic data. Crude oil futures posted one of the strongest performances on the board, gaining over 3%, while coffee, cattle, and cocoa also finished higher.<\/p>\n

Precious Metals<\/em><\/h3>\n

Precious metals remained under pressure, with gold falling 1.74% and silver losing more than 4%. Equity index futures were weaker, with the E-mini S&P 500 and Nasdaq both declining, while Bitcoin also traded lower.<\/p>\n

Trend indicators continue to favor the upside in several commodity sectors, including copper, crude oil, natural gas, soybeans, and cotton, suggesting the broader commodity complex remains supported despite recent volatility.<\/p>\n

Copper<\/em><\/h3>\n

Copper continues to attract attention from a technical perspective. According to the latest PriceCounts analysis, December Copper is firming for a possible retest of the August highs. Should prices establish new sustained highs, the market could target the next upside PriceCount objective near the 7.54 level.<\/p>\n

Important Date: September 24th<\/em><\/h3>\n

Traders will also be monitoring a busy economic calendar on September 24, featuring the ECB Economic Bulletin, German Ifo Business Climate data, U.S. Unemployment Claims, New Home Sales, Natural Gas Storage figures, and multiple speeches from Federal Reserve officials. These events could provide fresh direction for currencies, equities, energy markets, and industrial metals heading into the end of the week.<\/p>\n

Need help looking at different markets? get some insight from an experienced series 3 broker?<\/em><\/h3>\n

The call is free and we are here to assist – try us!<\/a><\/em><\/h3>\n

+310 859 9572<\/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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December Copper<\/h3>\n

December copper is firming back for a possible challenge of the August high. At this point, new sustained highs would project a possible run to the second upside PriceCount objective to the 7.54 area.<\/p><\/blockquote>\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.\u00a0<\/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 https:\/\/www.qtinfo.com\/analysis\/qt-chart-of-the-day\/<\/a><\/em><\/h3>\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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Cannon Edge \u2014 Your Daily Futures Snapshot for Sept. 24th<\/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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Cannon Edge is our new daily feature designed to give traders a fast, actionable overview of key futures markets. Each post delivers:<\/h4>\n

\u00b7\u00a0\u00a0\u00a0\u00a0Current price and daily % change<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a030\u2011day and 52\u2011week highs\/lows<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0PROPRIETARY Short\u2011term and long\u2011term trend signals<\/p>\n

\u00b7\u00a0\u00a0\u00a0\u00a0Coverage across equity indices, metals, energies, currencies, and ags<\/p>\n

Whether you’re scanning for breakout setups, trend reversals, or just staying informed \u2014 Cannon Edge puts the data in your hands before the open.<\/h3>\n

Built for speed. Backed by insight. Powered by CQG.<\/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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Daily Levels for September 24th, 2026<\/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: 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><\/strong><\/em><\/p>\n

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

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

Los Angeles, CA 90025 US<\/span><\/strong><\/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":"

At A Glance Levels Instrument S2 S1 Pivot R1 R2 Gold (GC) \u2014 Dec. (#GC) 4249.43 4284.97 4346.23 4381.77 4443.03 Silver (SI) \u2014 Dec. (#SI) 62.54 63.72 65.89 67.06 69.23 Crude Oil (CL) \u2014 Oct. (#CL) 87.24 89.94 91.42 94.12 95.60 \u00a0Dec. Bonds (ZB) \u2014 Dec. (#ZB) 104 8\/32 104 18\/32 105 13\/32 105 30\/32 […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1986,119],"tags":[1259,357,1501],"class_list":["post-23334","post","type-post","status-publish","format-standard","hentry","category-copper-futures-contract","category-crude-oil","tag-copper","tag-crude-oil-2","tag-precious-metals"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/23334","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=23334"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/23334\/revisions"}],"predecessor-version":[{"id":23336,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/23334\/revisions\/23336"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=23334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=23334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=23334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}