The Federal Reserve has decided to keep interest rates steady, signaling increased uncertainty in the economic outlook. Recent surveys indicate a decline in consumer sentiment and rising layoffs, raising concerns about future demand. Gold prices are nearing all-time highs as investors react. Stay informed on these market trends. #FederalReserve #InterestRates #EconomicOutlook #MarketTrends #GoldPrices
Tomorrow marks the first Triple Witching of 2025! This event, where stock options, index futures, and index futures options expire simultaneously, can introduce significant volatility in the markets. Stay ahead with our insights and tools. #TripleWitching #MarketVolatility #FuturesTrading #RiskManagement #TradingStrategies https://www.cannontrading.com/tools/support-resistance-levels/triple-witching/
Cannon Futures Weekly Letter In Today's Issue #1235 The Week Ahead - Inflation Data, Earnings & Housing Futures 102 - Intro to Bitcoin Futures Hot Market of the Week - May Cocoa Broker's Trading System of the Week - Mini SP500 intraday System Trading Levels for Next Week Trading Reports for Next Week
Micro Grains are now trading! After the first three weeks of trading, we are approaching just under a half million contracts traded for Micro Corn, Micro Soybean, Micro Soybean Oil, Micro Soybean Meal, and Micro Wheat, as well as some other quick hits below And on a different note Hogs outlook: Free Trial Available 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 ‘exact’ 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. 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 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.
Tomorrow: Econ Data: Durable Goods, EIA Crude Stocks FED Speak: Kashkari 9:00 CDT, Musalem 9:10 CDT Earnings: Quiet
This week's Cannon Futures Weekly Letter covers key market events including Non-Farm Payrolls and the USDA Prospective Plantings report. Learn about the global crude oil market and explore our Combo Breakout Trading System. Stay informed and enhance your trading strategies. #Futures #MarketAnalysis #TradingEducation #EconomicInsights #CommodityMarket https://www.cannontrading.com/tools/support-resistance-levels/usda/