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Futures Market Overview

Wed, May 8th, 2024
Signal
Entry Date
Entry Price
Strength
101-220 (-0-008)
Buy
05/08/24
101-222
Weak

Futures News

More News
Corn Extending Weakness into Wednesday

Corn prices are posting 2 to 3 cent losses on Wednesday morning. Futures slipped back on Turnaround Tuesday, with nearby contracts down ¼ to 3 ½ cents. Other contracts were steady to a penny higher....

ZCK24 : 451-0 (-0.61%)
ZCPAUS.CM : 4.4113 (-0.64%)
ZCN24 : 464-2 (-0.59%)
ZCZ24 : 486-2 (-0.46%)
ZCPZ24US.CM : 4.5667 (-0.41%)
Soybeans Start the Midweek Session Lower

Beans are trading 5 to 7 cents in the red so far in the midweek session. Bear spreading resulted in old crop losses of ½ to 2 ½ cents. New crop contracts were up 5 ¼ to 9 ¾ cents across most months.....

ZMN24 : 383.1 (-0.03%)
ZLN24 : 43.93 (-1.28%)
ZSK24 : 1228-0 (-0.34%)
ZSPAUS.CM : 11.7810 (-0.62%)
ZSN24 : 1239-2 (-0.58%)
ZSX24 : 1220-0 (-0.65%)
ZSPX24US.CM : 11.5872 (-0.68%)
Hogs Switch Focus to Wednesday Following Weaker Cutout

Lean hogs were firmer on Tuesday, as contracts were up 15 to 62 cents. USDA’s National Average Base Hog negotiated price was up 84 cents in the Tuesday afternoon report at $93.25. The CME Lean Hog Index...

HEK24 : 92.525s (+0.38%)
HEM24 : 98.325s (+0.15%)
HEN24 : 102.500s (+0.34%)
Wheat Extends Pullback on Wednesday

Wheat prices are down another 7 to 12 cents on your Wednesday morning. Futures faced some weakness on Tuesday after the last couple weeks of rallying. Chicago contracts were down a penny to 7 ½ cents,...

ZWK24 : 624-6s (-1.19%)
ZWN24 : 634-6 (-1.24%)
KEK24 : 673-6s (-1.64%)
KEN24 : 653-2 (-1.62%)
MWK24 : 708-2s (unch)
Cotton Pushing Higher to Start Wednesday

The cotton market is trading 62 to 145 points this morning as May expires today. Futures had an inside day on Tuesday, but settled higher. Contracts closed with 30 to 49 point gains across most delivery...

CTK24 : 77.00s (+0.57%)
CTN24 : 78.77 (+1.64%)
CTZ24 : 76.52 (+1.02%)
Cattle Look to Wednesday Trade

Live cattle closed the Turnaround Tuesday session with most contracts 65 cents to $1.27 higher. Cash trade has yet to develop this week, as sales of $184 were reported in the South last week and a few...

LEM24 : 177.625s (+0.37%)
LEQ24 : 175.525s (+0.63%)
LEV24 : 178.925s (+0.59%)
GFK24 : 242.150s (+0.31%)
GFQ24 : 254.425s (+0.61%)
GFU24 : 255.450s (+0.62%)
Recycled Platinum Supply Outlook

With palladium oversold and platinum’s attractive fundamentals, both metals have upside

DAX Remains In An Impulsive Bullish Cycle As Anticipated

DAX Remains In An Impulsive Bullish Cycle as anticipated, as we see strong rally that should be finished by five waves from Elliott wave perspective.

Premium commodity data, news and analysis from Barchart. Learn More.

Futures Market Map

Home of the Commodity Bull Market Trading Plan

We love the Commodity Markets, we love Trading, and we love Markets that Trend. Commodity Trends is a Red / Green light trading system designed to catch today's monster moves in the commodities markets.

Tweets @Barchart

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Japanese Yen continues to fall against the U.S. Dollar - will another intervention be needed soon? https://t.co/rciPJwX0XD
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One out of every 24 New York City residents is a Millionaire 🚨 https://t.co/WSZB01khmx
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Housing Rental prices in the U.S. climbed 1.5x faster than wages over the last 4 years 👀 https://t.co/01C3QW7wUb
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Buying options to protect against a stock market collapse fell to the cheapest level in 9 years. The CBOE VIX of VIX $VVIX, an index tracking the implied volatility of VIX options, fell to its lowest level since May 2015 on Monday! https://t.co/hI8Ayul55u
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U.S. Stock Buybacks will jump to an all-time high of $1.1 Trillion next year according to Goldman Sachs projections https://t.co/O3TIsEG2OS
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Pandemic-era excess savings have run out - oops! https://t.co/DEq4PSxuIt
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Interest Rates will stay high for an extended period and rate hikes are not off the table cautions Minneapolis Fed President Neel Kashkari https://t.co/wCpQEYXx19
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Commodities are the most correlated with stocks since AT LEAST 1980 🚨 https://t.co/Ajj1udM0aM

Futures Long Term Trends

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Major European Futures

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