Weekly Commodity Futures Market Analysis | Optimus Futures Blog

Commodity Futures Market Analysis – December 10th, 2018

 

The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it.

S&P 500 Index Futures (ES)

Last week the S&P 500 Emini futures market was sharply bearish as prolonged fear of a potential US-China trade war and uncertainty from the Federal Reserve ate into investor confidence.

S&P Emini Commodity Futures Market Analysis December 10th 2018

The increased levels of volatility are not helping either, as sharp swings tethered to the 2800 and the 2600 price level continue to reflect a confused state of the market.

The strong bearish activity sparked off of strong resistance at the 2800 level which allowed the market to push past the mid-range 2700 level of support and resistance with relative ease,

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Commodity Futures Market Analysis – December 3rd, 2018

 
 

The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it.

S&P 500 Index Futures (ES)

The S&P 500 Emini futures rebounded sharply as investors look forward to a mutual agreement between the US and China.

S&P Emini Commodity Futures Market Analysis December 3rd 2018

Last week National Economic Council Director Larry Kudlow specifically said the US officials were busy with a “lot of communication with the Chinese government at all levels”. The news sparked interest among investors ahead of the all-important talks between US president Donald Trump and his Chinese counterpart Xi Jinping. Optimism surrounding the potential trade agreement, sent the US equity sector and related indices sharply higher last week

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Commodity Futures Market Analysis – November 26th, 2018

 
 

The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it.

S&P 500 Index Futures (ES)

Last week the S&P 500 Emini futures market continued on the bear run as investors fear a potential trade war with China.

S&P Emini Commodity Futures Market Analysis November 26th 2018

The market failed to find any support at the 2700 level as strong momentum from the sellers early last week pushed price lower and set the tone for a bear-dominated week. It may not be all over for the bulls however as the market has a major hurdle in the form of the strong area of support at the 2600 level. This is also the

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Commodity Futures Market Analysis – November 19th, 2018

 
 

The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it.

S&P 500 Index Futures (ES)

Last week the S&P 500 Emini futures market displayed erratic and volatile movements as investors were reacting to the impending trade deal with China.

S&P Emini Commodity Futures Market Analysis November 19th 2018

Late last week, President Donald Trump said China was hopeful of a trade deal with the US. The news sent the S&P 500 Emini futures market recovering from some of the losses posted earlier in the week stemming from the sharp rebound off the critical 2800 price level and support and resistance area.

That sharp selloff pushed price lower to the 2700 level

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Commodity Futures Market Analysis – November 12th, 2018

 
 

The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it.

S&P 500 Index Futures (ES)

Last week the S&P 500 Emini futures market continued with the upward rally, pushing past important support and resistance levels, although a late announcement from the Federal Reserve levied some negative sentiment on the market.

S&P Emini Commodity Futures Market Analysis November 12th 2018

The Federal Reserve on Thursday kept interest rates largely unchanged as part of a unanimous decision reflecting the bank’s continued attempts at trying to tighten the monitory policy.

However, the announcement on Thursday came well after the market had already pushed past the critical 2800 round number and support and resistance level

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