Colin Archuleta - Spartan Forecasts - 1 hr 57 mins ago
Over the past week on the WTI Crude July Contract ($ CLN5) we have seen a high at the $60.95 Price Level moving down to the $57.72 Price Level. This market is testing a Critical Price Level at $58.70 now and should we see this Critical Price Level break to the long side... (full story)
T. Marc Schober - at Seeking Alpha - Tue May 26, 6:38PM CDT
Corn planting inched toward the finish line as farmers continued to be delayed by persistent rainfall last week. Soybean planting progress has also seen its large lead on the five-year planting average dwindle due to rain. Winter wheat conditions... (full story)
Bob Hunt - The Pattern Trapper - Tue May 26, 6:10PM CDT
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness.... (full story)
By locking in a price now for a commodity to be delivered at some point in the future, futures markets permit buyers to secure insurance against future adverse price changes. In other words, futures markets supply a means for the mitigation of price risks. Futures charts track futures prices over time, and supply historical data that buyers and sellers can use to project where futures prices will be in the coming days or months. Frequently updated futures charts are a very useful tool for identifying pricing trends within a certain commodity.