The Nov WTI trading session settled at 71.16(+1.28) , had a high of 71.53, a low of 69.13. Cash price is at 70.90 (-0.31), while open interest came in at 332,769. Higher on the day by +1.83% CLX traded...
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
It was a risk-on day for the outside markets, but grain markets struggled to find their footing. Will the market be able to carve out a harvest low?
Gasoline demand in the states has been tepid, but a potentially weaker US dollar should bode well for U.S. gasoline products and the global crude trade in general.
However, other than the ugly tail, there was not true damage to the critical floor that was developing.
Coffee is currently at its highest carry yield and very near its highest hedge fund position estimate for the past 52 weeks. Coffee is also one of the most "Expensive and Overbought" markets of all commodities....
Silver's current structure suggests potential for a significant move, contingent on breaking resistance at 31.73 or facing a decline.
Cattle futures are knocking on the door of a technical resistance. Will the risk-on tone in the outside markets be enough to push cattle markets higher?
Stay informed on overnight market shifts and get expert insights for the trading day ahead. Explore today’s Metals Minute for critical levels, trade strategies, and key highlights to keep you in front...