Time stamp: 2:45pm Stock Indices showed some strength June Mini Dow last @ 12529 June ES last @ 1341.75 June Mini NASDAQ last @ 239200 Gold Steady, Silver has an astounding day/volatile day, Copper weak June Gold @1504.4 May Silver @ 4524.5 May copper @ 43210 Inside Day in the Dollar Index however slightly higher June Dollar Index @… read more
Tag Archives: Futures
Market Wrap up for April 25, 2011 – Commodity Futures Trading
Stock Indices showed some strength June Mini Dow closed @ 12436 (+9) June ES closed @ 1332.00 (+1.00) June Mini NASDAQ close @ 23785 (+1.00) Gold Steady, Silver has an astounding day/volatile day, Copper weak June Gold @1507. (+$3.60) (2:58 pm MST) May Silver @ 4688.5 (+83.1 cents) (2:58 pm MST) May copper @ 42990 (- 10.01 cents)… read more
Silver Gaps Higher Making New Highs Over night – Trading Commodity Futures Markets
After the long holiday weekend, Sunday nights market opening gapped high and set off an a robust surge in the Silver market: May silver posted a high of 4982.0 July Silver posted a high of 4984.5 Sept. Silver posted a high of 4951.0 Dec. Silver posted a high of 4981.0 This morning we have watched… read more
EIA Natural Gas Report / Futures Broker
In a reort for Natural gas storage rose 47 billion cubic feet for the April 15 week to 1,654 bcf. A 50 bcf injection was expected.… read more
Grains called to open sharply higher
* Corn seen up 15-30 cents on bullish USDA data * Soybeans called up 35-45 cents, wheat seen up 10-20 * USDA corn, soy stocks data bullish, to offset acreage * Wheat seen following corn, soy despite bearish USDA data CHICAGO, March 31 (Reuters) – U.S. corn futures wereforecast to surge by as much as… read more
Reversal dates for the week of March 14 through March 18.
Monday – Lean Hogs, Treasury Bonds, Japanese yen Tuesday – S&P Wednesday – Soybeans, Soy meal, Bean oil Thursday – Live Cattle, Copper Friday – Wheat For more information about swing trading with reversal dates go to www.tradersnetwork.com.… read more
ISM Mfg Index / Futures Broker
Released on 3/1/2011 10:00:00 AM For Feb, 2011 Prior Consensus Consensus Range Actual ISM Mfg Index – Level 60.8 60.5 58.7 to 62.0 61.4 Market Consensus Before Announcement The composite index from the ISM manufacturing survey jumped 2.3 points to a rare plus 60 reading at 60.8 for the highest reading since May… read more
Swing Trading Strategies – Dow Jones hits new high on projected reversal date. [chart]
The Dow Jones futures traded to a new high (12218) before failing and dropping below the low of the prior pivot low. This price action has formed a possible peg-leg topping pattern. It is also important to not that the new high and possible failure, occurred on a projected reversal date I will have more… read more
Grains Opening Calls and News / Futures Broker
WHEAT – Up 8 to 10 cents per bushel. Active export sales of U.S. wheat and news Egypt made its first purchase of wheat in nearly a month combine to boost wheat futures with further support from concern about harm to the U.S. crop from a cold snap this week. CORN – Up 3 to… read more
Swing Trading Strategies – Long British Pound nears target objective! [chart]
TMV Swing Trading Report – Long March British pound @ 1.6047 – The market rallied over night and reached a high of 1.6274, just missing the target objective of 1.6280, before pulling back to 1.6190. The pound may try to retest the high and reach the target objective, but it has completed the short-term cycle,… read more