Futures Market Overview

Looking at seasonality screens for Cocoa, the September – December spread appeared on April 26 and then again on May 2. When I scheduled the 4/26 trade in the Newsletter (4 trading days earlier) I fully...

Grains Much Higher, as Feeders Fall.

Hello everyone. In today’s article, we will look at the past performance of the 4H Hour Elliott Wave chart of SPDR Energy Select Sector (XLE) . The rally from 1.18.2024 low at $78.98 unfolded as 5 waves...

The cotton market resumed its slide on Monday, as contracts were down 22 to 100 points at the close. The outside influences had little effect, as the US dollar index was up 42 points, with crude oil 57...

The wheat complex faced initial selling overnight, but bulls woke up with a vengeance to rally all three exchanges on Monday. Chicago contracts ended out the day with gains of as little of 10 ¼ cents...

Lean hogs settled the Monday session with contracts steady to 77 cents lower. USDA’s National Average Base Hog negotiated price was up $3.03 in the Monday afternoon report at $92.41. The CME Lean Hog...

Live cattle closed the Monday session with contracts down 15 to 87 cents across most contracts, as June was the lone higher contract, up 15 cents. Cash trade was slow to develop last week, with sales of...

Soybeans ended the Monday session withing a few cents from the day’s high. Contracts were up 15 ¾ to 33 ¾ cents across the board at the close. Forecasts for heavy rain totals in Southern Brazil, on...