Your browser of choice has not been tested for use with If you have issues, please download one of the browsers listed here.

Stocks | Futures | Watchlist | More

Scrap 304 SS Solid Idx (SSPAUSY39.CM)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [MTIDX]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Quote Overview for [[ item.sessionDateDisplayLong ]]
[[ rowChartData.labelLow ]]
[[ rowChartData.lowPriceFormatted ]]
[[ rowChartData.lowPrice ]]
[[ rowChartData.labelHigh ]]
[[ rowChartData.highPriceFormatted ]]
[[ rowChartData.highPrice ]]
since [[ rowChartData.lowDate ]]
since [[ rowChartData.highDate ]]
[[ value ]] [[ value ]]

Scrap 304 SS Solid Idx Futures Market News and Commentary

Dollar Tumbles as T-note Yields Fall on Pandemic Concerns

The dollar index (DXY00) on Friday fell -0.715 (-0.74%).  A sharp drop in T-note yields on Friday undercut the dollar as the 10-year T-note yield fell to a 2-week low of 1.478%.  Also, the dollar is under pressure on concern that the spread of the new Covid variant will undercut economic growth and keep the Fed from tightening monetary policy. 

EUR/USD (^EURUSD) on Friday rose +0.0101 (+0.90%).  EUR/USD rallied Friday after a sharp drop in the dollar sparked short-covering in the euro.   EUR/USD also moved higher Friday on rising price pressures in the Eurozone that are hawkish for ECB policy.  Friday’s German Oct import price index rose +3.8% m/m and +21.7%y/y, stronger than expectations of +1.9% m/m and +19.6% y/y and the fastest pace of increase in more than 41 years.

USD/JPY (^USDJPY) on Friday fell -2.09 (-1.81%).  The yen on Friday rallied sharply and posted a 2-week high against the dollar.  A slump in global equity markets due to pandemic concerns on Friday fuele... Read more

Price Performance

See More
Period Period Low Period High Performance
0.4275 unch
on 11/26/21
0.4345 -1.61%
on 11/09/21
-0.0361 (-7.79%)
since 10/26/21
0.3937 +8.59%
on 10/12/21
0.4771 -10.40%
on 10/19/21
+0.0284 (+7.12%)
since 08/26/21
0.2705 +58.04%
on 12/15/20
0.4771 -10.40%
on 10/19/21
+0.1299 (+43.65%)
since 11/26/20

Benchmark National Price Indexes

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 72% Buy with a Weakening short term outlook on maintaining the current direction.

Long term indicators fully support a continuation of the trend.

See More Share

Key Turning Points

3rd Resistance Point 0.4275
2nd Resistance Point 0.4275
1st Resistance Point 0.4275
Last Price 0.4275
1st Support Level 0.4275
2nd Support Level 0.4275
3rd Support Level 0.4275

See More

52-Week High 0.4771
Last Price 0.4275
Fibonacci 61.8% 0.3982
Fibonacci 50% 0.3738
Fibonacci 38.2% 0.3494
52-Week Low 0.2705

See More

Barchart Futures Commentary

Barchart Futures is a twice weekly newsletter that features a selection of the latest and best commodities commentary appearing on Delivered every Wednesday and Friday morning to your inbox.

Want to use this as
your default charts setting?
Save this setup as a Chart Templates
Switch the Market flag
for targeted data from your country of choice.
Open the menu and switch the
Market flag for targeted data from your country of choice.
Want Streaming Chart Updates?
Switch your Site Preferences
to use Interactive Charts
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar