The Weekly Call for November 23rd

Welcome to this week’s edition of The Weekly Call, your trusted source for high-quality commodity setups and trading strategies. Since October 2016, our approach has delivered an impressive 777% return, and we continue to share the insights and methodologies that drive these results with this post #480. This week, we’ll explore the latest market trends, actionable trade setups, and global economic factors influencing commodities like sugar, coffee, live cattle, and gold.

U.S. Markets (Week ended November 21 close)

  • S&P 500 (SPY): Finished the week near 6,603, up about ~1% on Friday, but overall ended the week lower than the prior week as tech and growth stocks weakened.

  • Nasdaq Composite (QQQ): Closed around 22,273, up ~0.9% Friday, but down ~2.7% for the week, the steepest weekly drop since March.

  • Dow Jones Industrial Average (DIA): Around 46,245, up ~1.1% Friday, yet down ~1.9% for the week.


Global Markets

  • FTSE 100 (UK): Closed near 7,630 (estimated), modestly lower over the week amid weaker energy and consumer confidence.

  • DAX (Germany): Around 15,740 (estimate), down for the week as manufacturing data disappointed.

  • Nikkei 225 (Japan): Estimated at 33,240, held up better than peers thanks to exporters and a weaker yen.

  • Shanghai Composite (China): Approximately 3,180, held flat to slightly down, with investors waiting on stimulus cues.


Commodities Snapshot

  • Gold: Near $3,850/oz, rising as risk-off sentiment and inflation worries converged.

  • Silver: Around $46/oz, firming as safe-haven and industrial mix continued to support demand.

  • Copper: Roughly $4.65/lb, steady but muted given global growth worries.

  • Crude Oil (WTI): Near $60.50/barrel, weak on demand concerns and elevated inventories.

  • Natural Gas: About $2.80/MMBtu, under pressure with seasonal demand easing.


Cryptocurrency Market

  • Bitcoin (BTC): Slid toward $80,500, marking a steep decline this week as risk-off flows and tech weakness pressured crypto.

  • Ethereum (ETH): Down nearly 10% on the week, trading near $3,900, as broader crypto sell-off intensified.

  • Altcoins: Most majors saw double-digit weekly losses; market cap cut by hundreds of billions in value.


Key Market Drivers

  • Technology & Growth Sell-Off: Tech stocks led the weakness, dragging broader indexes lower; investor rotation turned cautious.

  • Crypto Risk-Off: Crypto markets led risk assets lower — one of the biggest weekly value drops in recent years.

  • Rate Cut Speculation: While hopes for a Fed cut remain, mixed signals and economic data uncertainty reduced conviction.

  • Liquidity Strain: The combination of tech rout, crypto losses, and weak global growth raised concerns about market leverage and risk exposure.


Emerging Crypto Projects / Themes to Watch

  • Privacy Tooling on Ethereum: New privacy infrastructure launches are grabbing developer attention in the ETH ecosystem.

  • Web3 Infrastructure Fragility: Recent outages in major web services exposed crypto’s dependence on centralized systems and raised concerns about ecosystem resilience.

  • Stablecoin & Treasury Use-Case: Movement among corporates and banks toward digital asset treasuries is continuing, albeit with a more cautious backdrop.


Outlook for the Week Ahead

  • Economic Data Focus: U.S. consumer confidence, retail data, and early Pre-Holiday indicators will matter for risk sentiment.

  • Liquidity & Holiday Volume: With upcoming U.S. holidays, thin volumes could amplify moves in both equities and crypto.

  • Crypto Stress Test: If BTC stays below ~$80K and altcoins fail to bounce, the sell-off may broaden. A strong bounce could signal stabilization.

  • Commodity & Growth Watch: Oil and copper will remain proxies for global demand; if they continue to weaken, equity and commodity risk could widen.

 

Stay tuned as global market conditions continue to evolve, trade smart and trade safe!

As always, stay informed and adjust your strategies based on the evolving market conditions. All trades are posted on our Private Twitter Feed for subscribers and are included in the track record posted below under Completed Trades. I am currently trading 15 lots given the account balance and will adjust as necessary based on market developments.

Trading futures contracts and commodity options involves substantial risk of loss, and may not be appropriate for all investors. Past performance is no guarantee of future results. Please see our Disclaimer for more information.

The trades below are discussed on the Daily Update: Click Here for a FREE Trial

Sugar

Coffee

 

Live Cattle

 

Gold (GC)

Come see what we are trading –  Try our 30 day FREE trial Click Here

 

COMPLETED TRADES

Track Record of Completed Trades

The purpose of this blog is to demonstrate how to swing trade futures using our methodology to select high-quality setups and manage the trade with our risk management approach. This track record is based on entries and exits as posted in this blog. I am currently using 15 lots for the Striker trades which is based on this account being over $375,000. Each lot for auto trading at Striker requires $25,000 per lot. See the videos below for more information.

Track Record January 2022 thru December 2022 Click Here.

Track Record January 2021 thru December 2021 Click Here.

Track Record January 2020 thru December 2020 Click Here.

Track Record January 2019 thru December 2019 Click Here.

Track Record January 2018 thru December 2018 Click Here.

Track Record October 2016 – December 2017 Click Here.

*** Trading futures contracts and futures options involves substantial risk of loss, and may not be appropriate for all investors. By reading this web site, you acknowledge and accept that all trading decisions are your sole responsibility. Trading strategies referenced on this web site and associated documents and emails are only suggestions, no representation is being made that they will achieve profits or losses. Past performance is no guarantee of future results.. See our disclaimer here.

Completed trade in Cattle as of November 28th

We expect subscribers to have captured 60% of the swing in live cattle which is over $14,500 in profit using a margin of only $5,115. A great example of using leverage in futures.

 

Completed Trade in Coffee as of December 12th

The total swing was $37.00 and we expect subscribers to have captured 60% of a wing or $22 in coffee for a profit of over $25,500 using a margin of $8,850. A great example of using leverage in futures. See the video below for the review of the trade.

 

Completed Trade in Natural Gas as of January 2nd

We were stopped out of out last 1/3 position as weather-related news created a gap down on January 2nd and a possible flat with support at 3.196. This concludes our trade with natural gas; we exit with 550 ticks on 2/3s of a position with $8,500 in profit.

Completed Trade in Coffee as of January 19th

We exited the coffee trade on January 19th with $17 or over $15,000 in profit using a margin of $8,850. A great example of using leverage in futures.

Completed Trade in Gold as of February 8th

We exited the gold trade on February 8th with over $14,000 in profit. We entered on January 3rd and held the trade into the high window. We will re-enter gold in a few weeks after a backtest.

Written by:

Stan Nabozny

Stan is a 20 year retail trading veteran, CTA (Commodity Trading Advisor) and Co-Founder of The Art of Chart. His specialties include using futures and options to trade Energies, Precious Metals, Equities, Currencies, Bonds, Softs, Grains and other commodities. Stan believes that Risk Management and Trader Psychology are more important that technical analysis and spends his time teaching and coaching other traders on these topics. Stan uses various trading systems and technical analysis approaches that integrate time and price in his work. See his latest articles here and www.huffingtonpost.com.

23rd Nov 2025

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