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Futures Market Overview

Thu, May 2nd, 2024
Signal
Entry Date
Entry Price
Strength
38,329 (+260)
Buy
05/02/24
38,295
Weak
Signal
Entry Date
Entry Price
Strength
7,563s (-721)
Sell
05/02/24
7,563
Soft
Signal
Entry Date
Entry Price
Strength
637.20 (+11.50)
Buy
05/02/24
637.20
Weak

Futures News

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The Japanese Yen continuation trade

We present our trade summary for today with theYen

Five things you should know about Aluminum futures

Read about the five things you should know when trading Aluminum futures contracts and how their viability makes them unique to the industry.

Corn Higher at Midday, Despite Unimpressive Export Sales Data

Corn futures are up 5 to 6 cents at midday, holding the overnight gains for the most part. There were 223 contracts put out against May futures delivery overnight, all stopped by ADMIS customers. The oldest...

ZCK24 : 451-6 (+1.92%)
ZCPAUS.CM : 4.3769 (+1.99%)
ZCN24 : 459-6 (+2.00%)
ZCZ24 : 479-6 (+1.48%)
ZCPZ24US.CM : 4.4930 (+1.56%)
Hogs Posting Mixed Thursday Action

Lean hogs are showing losses of 12 to 67 cents in the front months on Thursday, with gains in the deferreds. USDA’s National Average Base Hog negotiated price was down $1.63 from the day prior in the...

HEK24 : 92.975 (-0.05%)
HEM24 : 99.775 (-0.65%)
HEN24 : 103.375 (-0.24%)
Cattle Shoot Higher After USDA Confirms Negative H5N1 Meat Samples

Live cattle are posting midday gains of $2 to $3.40 following the USDA H5N1 announcement. Cash trade has been slow to develop this week with a few $186 in KS reported by the USDA, with NE at $187. Both...

LEM24 : 176.650 (+1.61%)
LEQ24 : 173.675 (+1.50%)
LEV24 : 177.125 (+1.30%)
GFK24 : 243.350 (+0.80%)
GFQ24 : 255.000 (+1.29%)
GFU24 : 255.675 (+1.22%)
Soy Meal Leading Soy Complex Charge on Thursday

Soybeans are posting solid midday strength of 20 to 36 cents. There were 386 contracts issued against May bean futures, and that brought the oldest long all the way up to 4/30/24. Of the 386, Bunge stopped...

ZMN24 : 363.7 (+4.21%)
ZLN24 : 43.28 (+0.05%)
ZSK24 : 1190-4 (+3.01%)
ZSPAUS.CM : 11.3665 (+2.51%)
ZSN24 : 1196-6 (+2.26%)
ZSX24 : 1186-0 (+1.80%)
ZSPX24US.CM : 11.2441 (+1.92%)
Cotton Lower After Disappointing Export Sales Data

Cotton futures are reverting to continued weakness, despite an overnight recovery. Contracts are down 88 to 101 points at midday, as May is showing thin trade. This morning’s Export Sales report showed...

CTK24 : 75.81s (-2.71%)
CTN24 : 75.61 (-1.18%)
CTZ24 : 74.21 (-1.28%)
Wheat Bulls Feeling Weak in the Knees on Thursday

The wheat market is trying to hold some gains at midday. Kansas city is steady to 3 cents higher. There were again zero deliveries vs. KC HRW, with the oldest long subject to delivery now dated 12/6/23....

ZWK24 : 580-6 (-0.13%)
ZWN24 : 605-0 (+0.96%)
KEK24 : 625-4s (+0.44%)
KEN24 : 636-6 (+1.88%)
MWK24 : 716-4 (+1.99%)
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.

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Today's 4 Stock Market Movers: $DASH $CVNA $QCOM $QRVO https://t.co/aa1W2y8gWC
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Up to 7% of U.S. Banks may be at risk of failure, warns Consulting firm Klaros Group https://t.co/EfZ8gxw680
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Chinese Stocks enter technical bull market after rallying 20% off the Jan 22 low 🚨 https://t.co/d1QOVMVZTN
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Another Boeing $BA/Spirit AeroSystems whistleblower, Josh Dean, has died after a sudden illness https://t.co/kJp8CTiDYJ
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Apple $AAPL on its way to tomorrow's earnings event https://t.co/k7IBxRefNu
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First Tesla $TSLA and now pot stocks, short sellers just can't catch a break. After the DEA moved to reclassify marijuana on Tuesday, short sellers sustained losses of approximately $210 million https://t.co/3tWM2euJdr
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Momentum Exposure among hedge funds hits an all-time high 🚨 Probably Fine https://t.co/Np0PAMFqDO
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What chart is this? https://t.co/xlAeZW7EPB

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