Help Center Blog Open An Account

Commodity Futures Market Analysis – November 12th, 2018


#1

Originally published at: https://optimusfutures.com/tradeblog/archives/commodity-futures-market-analysis-november-12th-2018/

The following Commodity Futures Market Analysis is the opinion of Optimus Futures. Click on the charts below to enlarge it. S&P 500 Index Futures (ES) Last week the S&P 500 Emini futures market continued with the upward rally, pushing past important support and resistance levels, although a late announcement from the Federal Reserve levied some negative sentiment on the market. The Federal Reserve on Thursday kept interest rates largely unchanged as part of a unanimous decision reflecting the bank’s continued attempts at trying to tighten the monitory policy. However, the announcement on Thursday came well after the market had already…