Weekly Commodity Futures Market Analysis | Optimus Futures Blog

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 reducing much of the

 

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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 level where the market

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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

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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

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Commodity Futures Market Analysis – November 5th, 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 finally bounced off the 2600 major area of support and resistance in yet another week of volatile trading activity.

S&P Emini Commodity Futures Market Analysis November 5th 2018

The strengthening US Dollar and a generally strong economy may have potentially helped the buyers re-enter the market last week, as the key support level around the 2600 mark provided a precise entry point for strong buying.

Price remains volatile, however, making it potentially susceptible to near

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