The Weekly Call for April 12th

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 #502. 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 (Friday, April 10 close)

S&P 500 (SPY): Closed near 679.46, slipping about 0.1% on the day, though the market still posted its biggest weekly gain since November.
Nasdaq Composite (QQQ): Around 611.07, up about 0.4% on Friday as tech outperformed and helped steady sentiment into the weekend.
Dow Jones Industrial Average (DIA): Approximately 479.25, down about 0.6% on the day as investors stayed cautious ahead of U.S.-Iran talks.

U.S. stocks ended mixed Friday, but the broader tone improved during the week as March CPI came in roughly in line with expectations and investors looked for progress on a ceasefire track with Iran. Consumer sentiment, however, dropped sharply, keeping the mood cautious.


Global Markets

FTSE 100 (UK): Closed near 10,600.5, flat on the day and up for a third straight week as traders balanced ceasefire hopes against inflation and energy risk.
DAX (Germany): European equities were mixed to firmer into the close as investors weighed the durability of the U.S.-Iran truce and the inflation impact of elevated energy prices.
Nikkei 225 (Japan): Closed Friday near 53,123.49, up about 1.3% on the day.
Shanghai Composite (China): Closed Friday near 3,880.10, down about 1.0% on the day.

Outside the U.S., markets remained highly headline-driven. Europe traded around the energy and logistics story, while Asia reflected the split between risk resilience in Japan and ongoing caution in China.


Commodities Snapshot (Friday close)

Gold: Around $4,786/oz, holding near record territory and posting another weekly gain as investors stayed hedged against war risk and inflation pressure.
Silver: Near $75.86/oz, still elevated even after a modest Friday pullback.
Copper: Copper stayed firm and volatile, with futures activity elevated as traders balanced industrial demand with macro uncertainty.
Crude Oil (WTI): Closed near $96.57/barrel, lower on Friday but still at elevated levels as markets assessed the ceasefire and continuing supply disruption risk tied to Hormuz and Saudi infrastructure.
Natural Gas: Henry Hub prompt month was around $2.82/MMBtu, still soft relative to oil despite geopolitical stress.

Commodities remained the clearest signal of the week’s macro stress. Oil stayed high, gold stayed bid, and the market remained focused on the inflation consequences of a prolonged conflict.


Cryptocurrency Market (Friday, April 10 close)

Bitcoin (BTC): Around $71,800–$72,000, firmer on the week as ceasefire optimism and stronger ETF demand helped the market recover.
Ethereum (ETH): Near $2,185–$2,190, rebounding with Bitcoin as broader risk appetite improved midweek.
Solana (SOL): Around $81–$82, stabilizing after recent ecosystem pressure, though still lagging the major rebound in Bitcoin.
XRP (XRP): Near $1.34, firmer on the week as the broader crypto market steadied.
BNB (BNB): Around $592–$603, holding up relatively well among large-cap altcoins.
Cardano (ADA): Near $0.24–$0.25, still defensive but off the weakest levels.
Dogecoin (DOGE): Around $0.091–$0.095, still trading in a weak retail-driven range.

Crypto improved during the week, but selectively. Bitcoin led the rebound, Ethereum followed, and the broader altcoin complex remained more fragile and news-sensitive.


Key Market Drivers

  • CPI came in hot but not worse than feared: March inflation surged, largely because of the war-driven jump in gasoline, but the report broadly matched expectations, which helped calm markets rather than trigger another leg lower.
  • The Middle East remained the main macro driver: Investors spent the week trading around the durability of the U.S.-Iran ceasefire and the risk of further disruption to the Strait of Hormuz and Saudi energy infrastructure.
  • Oil stayed high enough to keep inflation fears alive: Even with Friday’s pullback, crude remained elevated, which kept the market focused on higher-for-longer inflation risk.
  • Tech helped stabilize the tape: Better semiconductor sentiment and resilient mega-cap tech performance helped the Nasdaq outperform late in the week.
  • Crypto improved, but selectively: Bitcoin led the rebound, while the altcoin complex remained more fragile and selective.

This was a week where geopolitics, inflation, and liquidity all mattered at once. The ceasefire hopes helped risk assets, but the oil shock and inflation backdrop kept the tape cautious rather than fully risk-on.


Emerging Crypto Projects & Ecosystem News

  • Coinbase’s trust-charter progress stayed important: The company’s conditional approval for a U.S. trust charter remained one of the most meaningful institutional infrastructure stories in crypto because it strengthens custody and large-client positioning.
  • Franklin Templeton kept building: Its acquisition of 250 Digital reinforced that major asset managers are still expanding crypto capabilities despite the uneven tape.
  • Solana remained under a confidence cloud: The market continued to digest the impact of earlier Drift-related losses and the pressure they created across Solana-linked DeFi.
  • New crypto leadership is still infrastructure-heavy: The strongest themes remain custody, tokenized assets, AI-linked blockchain infrastructure, and institutional rails rather than pure speculation.

Even in a better week for prices, the most important crypto stories were still institutional and infrastructure-related rather than speculative. That keeps the longer-term development backdrop more constructive than the day-to-day volatility suggests.


Outlook for the Week Ahead

  • Macro calendar: Markets will be focused on the next round of inflation interpretation, Fed messaging, and whether the ceasefire framework actually holds.
  • Equities: The key question is whether last week’s rally can extend or whether it was simply a relief move inside a still-fragile tape.
  • Crypto levels to watch:
    BTC: Support around $70,000–$71,000, resistance around $73,000–$74,000.
    ETH: Support around $2,150, resistance around $2,250–$2,325.
    SOL: Support around $80, resistance around $86–$90.
    These remain tactical levels in a market that is improving, but not yet fully repaired.
  • Strategy note: This is still a market led by geopolitics, energy, inflation, and liquidity. Stay selective, keep size controlled, and let confirmation lead rather than assuming the rebound has already solved the bigger macro problem.

 

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.

12th Apr 2026

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