Weekly Commodity Futures Market Analysis | Optimus Futures Blog

Commodity Futures Market Analysis – January 21st, 2019

 

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&P500 Emini futures market last week erased more losses from last month as positive developments relating to the country’s trade relations with China continued to woo investors.

S&P Emini Commodity Futures Market Analysis January 21st 2019

The week prior to the last one, we had cited the importance of the 2600 round number as a crucial test of resistance for the market. Notably, we saw sufficient bullish momentum to see price make a confident move past that level to continue building more upside momentum last week.

We now look forward to seeing the 2600 level potentially flip into support

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Commodity Futures Market Analysis – January 14th, 2019

 
 

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&P500 Emini futures market continued to build on the bullish momentum last week, taking price further up towards some key former support levels that pack a strong potential to flip into resistance as we go into a fresh week of trading.

S&P Emini Commodity Futures Market Analysis January 14th 2019

Buoyed by the optimism surrounding a still-sturdy US economy and the job market as well as positive developments on the US-China trade talks, the market appears to have been busy over the

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Commodity Futures Market Analysis – December 31st, 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 a combination of fundamental and technical factors fueled strong interest from the sellers.

S&P Emini Commodity Futures Market Analysis December 31st 2018

We have been talking about the importance of the 2600 support level as being the crucial determinant of the market’s fate going into the end of the year. Last week, this level gave way as sellers continued to push price lower to possibly mark a red year for the

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Commodity Futures Market Analysis – December 17th, 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 once again bearish along with almost all other US equity indices as investors brace for a potential global economic slowdown.

S&P Emini Commodity Futures Market Analysis December 17th 2018

China reported weaker than expected economic numbers that forced investors across the globe to consider the possibility of a major global economic recession. As one of the largest economies in the world, China said industrial production grew by only 5.4% in November year over year,

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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

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