Page 6 - Soft Commodities News Today

The German stock exchange is one of the most active exchanges in the European region. The DAX futures being traded in various forms that include the standard futures contract and the mini-sized DAX futures. There seems to be a very high percentage of correlations between the DAX and the leading US stock Indices. The DAX Index is very responsive to the European Central Bank or ECB policies. Any important events in any of the peripheral countries in the Eurozone are bound to impact the performanc...

Market Review The last few days have been devastating to the force. It’s like millions and millions of free voices have been silenced… And that’s all I got to say about that! If you pull up a 30-minute (I like 37) chart I’m sure you’ll see a trading range. And rightly so. The high of 3824.50 was made on January 8th just after the bigger players took some off. Earlier that day the low bar was set at 3775 and that’s been the trading range for the past five days. Yesterday by my eye, I...

Today a selection of the Soft Commodities that we update three weekly in our GMTT Research Report: Coffee (MAR) Coffee tested again our target of 127.00 We

 This forecast / outlook is a copy from yesterday’s GMTT Research Report.To see a full copy please click on the below link and it will be emailed to

Market Review GLOBEX (ESH20:CME) GLOBEX Session(ESH20:CME) Day Session High 3805.00Opening Print: 3791.25Low: 3776.50High 3813.50Volume: 165,000Low:

Euro (EUR/USD):The Euro is on a sell signal and trading near its short-term downside target of 1.2150.A close below confirms a more significant down-move. 

Euro (EUR/USD): A close below confirms a more significant down-move. The Dollar Index finally made a bounce and is now close towards its firs short term upside target. The Euro not surprising is very close to its short-term downside target. However, to get a confirmed reversal i.e., a stronger Dollar we need to see a good close above 90.85. GMTT publishes three weekly its GMTT research report covering the following: Global Indices, VIX, a selection of stocks, Treasury Bond, Commodities, Soft Co...

First Week is a Winner After trading in a 31.25 handle overnight range, the S&P 500 futures opened Friday’s cash session at 3765.75 and traded the daily low of 3663.75 in the initial minutes before heavy buy programs came in pushing the index futures higher throughout the early morning, up to 3803.25 just after 10:00. From there, the futures would trade sideways for the rest of the morning, through the noon hour and early afternoon. The index printed the daily high of 3804.00 just before sett...

Crude is on a buy signal and gives a next upside target of 53.60. XLE gives a next upside target of 43.65. Suggested sell stop are for Crude 50.25 and for XLE 41.15.   Nat Gas (FEB) Next upside target 2.82.

“I change the things I can change I accept the things I can’t” I wrote that when I was thirteen-years old and now just shy of 5 decades, it’s still my guiding light / principle. It’s been a long four weeks. And the last two days may have taken its toll on a lot of folks. No matter which side of the political pool you swim on, the water has become murky. I’m not a fan of politics. Just as oil and water, they don’t mix. However, last year was a year of polarization. And my heart goe...