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May NY world sugar #11 (SBK26 ) today is up +0.30 (+1.93%), and May London ICE white sugar #5 (SWK26 ) is up +13.70 (+3.05%). Sugar prices are sharply higher today, with NY sugar posting a 5-month high...
May ICE NY cocoa (CCK26 ) today is up +29 (+0.91%), and May ICE London cocoa #7 (CAK26 ) is up +17 (+0.72%). Cocoa prices are moving higher today on light short-covering, spurred by concerns that the closure...
May arabica coffee (KCK26 ) today is up +11.80 (+3.84%), and May ICE robusta coffee (RMK26 ) is up +55 (+1.51%). Coffee prices are sharply higher today, with arabica posting a 7-week high. Coffee farmers...
May WTI crude oil (CLK26 ) today is up +3.37 (+3.82%), and May RBOB gasoline (RBK26 ) is up +0.1158 (+3.92%). Crude oil and gasoline prices are sharply higher today, recovering some of Monday’s losses...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.16%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. June E-mini S&P futures (ESM26...
The dollar index (DXY00 ) today is up by +0.38%. The dollar is moving higher today as the ongoing war with Iran drags on, boosting safe-haven demand for the dollar. Also, today's +3% jump in crude oil...
Technicals sometimes lead the real-world events - and that's what happened recently. Understanding WHY the rally is coming is still important, though.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.80%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.98%. June E-mini S&P futures...
