Market News
High Gas Inventory Levels Point to Easing Market Fundamentals: IEA
Hedder49 minutes ago
Following a mild winter with subdued demand, gas storage facilities in both the European Union and the United States have concluded the 2023/24 heating season with inventory levels significantly exceeding their five-year averages.
IEA Forecasts 2.3% Growth in Global Gas Demand, Driven by Asian Markets
Hedder1 hour ago
Following a period of relative stability in natural gas markets during the mild 2023/24 winter, the International Energy Agency (IEA) predicts a 2.3% increase in global gas demand for 2024. This growth will be primarily driven by the expanding economies of Asia, with industrial and residential/commercial sectors leading the demand surge.
Three Ways to Transition Into E-mini S&P 500 Equal Weight Futures
CME Group1 hour ago
Explore three strategies traders can use to transition existing positions in Equity Index markets into S&P 500 Equal Weight futures.
$YM_F Dow Futures Reacting Higher After Double Correction Lower
Elliott Wave ForecastWed Apr 24, 7:36AM CDT
This technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: $YM_F.
Elliott Wave Calling for FTSE to Extend Higher
Elliott Wave ForecastWed Apr 24, 7:25AM CDT
Short Term Elliott Wave view on FTSE suggests that rally from 8.18.2023 low is unfolding as a 5 waves impulse. Up from 8.18.2023 low, wave 1 ended at 7745.82 and pullback in wave 2 ended at 7279.86. Up from there, wave ((i)) ended at 7764.37 and wave ((ii)) pullback ended at 7404.08.
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction
WavetradersWed Apr 24, 1:48AM CDT
AUDNZD Pair Is Approaching Resistance, While Finishing A Correction from technical perspective and by Elliott wave theory.
Behind the Renewed Interest in Lumber Markets
CME GroupWed Apr 24, 12:12AM CDT
Limited supply and rising demand for lumber are increasing participation in CME Group Lumber futures. Following a record wildfire season in Canada in 2023 and lower European imports, market participants with exposure to physical lumber prices are showing record interest in futures.
Shootin' the Bull about getting full
Swift Trading CompanyTue Apr 23, 5:55PM CDT
Futures traders were quick to relinquish their buying today. I think that when you delve inside the business, you'll find that importers are no longer chasing the bid for imported inventory.
Wheat Bottom Came Right At A 78.6% Fibonacci Retracement, 50 Cent Rally Follows
ONE44 AnalyticsTue Apr 23, 5:51PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis
IGV play as a proxy for MSFT earnings
Archna TradesTue Apr 23, 11:59AM CDT
IGV is a software internet ETF. Using this ETF, I can play MSFT earnings without risking a lot.
Chicago SRW Wheat
Klarenbach ResearchTue Apr 23, 11:40AM CDT
An analysis of Chicago SRW Wheat to assist traders and farmers with grain marketing.
Hedge accounting for the masses: How futures and FASB changed hedging forever
CME GroupTue Apr 23, 11:40AM CDT
Read how recent accounting guidance and Eris SOFR Swap futures make interest rate hedges more accessible.
American Airlines (AAL) : Buying The Stock at the Blue Box
Elliott Wave ForecastTue Apr 23, 11:07AM CDT
Hello fellow traders, As our members know we have had many profitable trading setups recently. In this technical article, we are going to present another Elliott Wave trading setup we got in American Airlines (AAL) . The stock completed correction precisely at the Equal Legs zone, referred to as the Blue Box Area.
Platinum (PL) Turning Higher
Elliott Wave ForecastTue Apr 23, 10:57AM CDT
Platinum (PL) looks to have formed a bottom and the metal has started to rally higher in the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has started. Below we updated the Monthly and Daily Elliott Wave chart for the metal.
Elliott Wave Suggests AT&T Inc. (T) Last Leg Lower Could Have Started
Elliott Wave ForecastTue Apr 23, 10:43AM CDT
AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world's largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S.