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 #508. 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, May 22 close)
S&P 500 (SPY): Closed near 7,473.47, up about 0.4% Friday and about 0.9% for the week.
Nasdaq Composite (QQQ): Around 26,343.97, up about 0.2% Friday and about 0.5% for the week.
Dow Jones Industrial Average (DIA): Approximately 50,579.70, up about 0.6% Friday and about 2.1% for the week.
U.S. stocks finished higher ahead of the Memorial Day weekend, with the Dow closing at a record and the S&P 500 posting its eighth straight weekly gain. Strong earnings helped offset inflation concerns tied to the Iran war and elevated energy prices.
Global Markets
FTSE 100 (UK): Higher on the week, snapping a four-week losing streak as rate-hike fears eased.
DAX (Germany): Firmer as European equities benefited from calmer rate fears and improving global risk appetite.
Nikkei 225 (Japan): Stronger, with Japanese equities rallying sharply as inflation data cooled.
Shanghai Composite (China): Higher on Friday, helped by broader Asia-Pacific strength and policy-support expectations.
Global markets improved into the weekend, with Asia-Pacific equities broadly higher and the UK market recovering as rate-hike concerns faded.
Commodities Snapshot (Friday close)
Gold: Around $4,521/oz, lower on the week but still historically elevated.
Silver: Near $75.89/oz, also lower on the week but still extremely strong versus prior-year levels.
Copper: Softer on the week as risk aversion and macro uncertainty weighed on industrial metals.
Crude Oil (WTI): Around $97/barrel, easing late week as peace-talk hopes reduced some supply-risk premium.
Natural Gas: Near $2.92/MMBtu, down on Friday but still modestly higher over the past month.
Commodities remained mixed. Gold and silver cooled, oil eased from recent pressure levels, and natural gas softened, but the market remains highly sensitive to inflation, Middle East risk, and energy headlines.
Cryptocurrency Market (Friday, May 22 close)
Bitcoin (BTC): Around $77,500–$77,800, still below recent resistance as the recovery slowed.
Ethereum (ETH): Near $2,120–$2,140, weaker on the week and still lagging Bitcoin.
Solana (SOL): Around $86–$90, stabilizing but not yet showing broad altcoin leadership.
XRP (XRP): Near $1.35–$1.40, firmer relative to several majors as XRP-linked fund flows improved.
BNB (BNB): Around $655–$660, holding up well among large-cap altcoins.
Cardano (ADA): Near $0.25–$0.26, still defensive and range-bound.
Dogecoin (DOGE): Around $0.10, little changed as retail participation remained selective.
Crypto remained constructive but cautious. Bitcoin held near the upper-$70,000s, but ETF outflows and macro uncertainty slowed momentum while XRP and Solana saw selective interest.
Key Market Drivers
- Earnings helped offset macro anxiety: Strong reports from Ross Stores, Workday, Zoom, and other companies helped keep equities near records despite inflation and war concerns.
- Dow hit a record: The Dow closed at a new high as earnings strength and improving sentiment supported cyclicals and large-cap industrial names.
- Treasury yields moderated late week: After earlier yield pressure, rates eased enough to support stocks into the holiday weekend.
- Oil and inflation remained central: Energy prices cooled somewhat, but Middle East risk and inflation concerns remain major market drivers.
- Crypto ETF flows turned mixed: Bitcoin funds saw notable outflows earlier in the week, while XRP and Solana products attracted selective inflows.
This was a week where earnings strength carried equities, but crypto remained more cautious because ETF flow volatility and oil/yield sensitivity kept traders selective.
Emerging Crypto Projects & Ecosystem News
- XRP fund inflows stood out: XRP-linked products attracted fresh inflows and wallet growth, suggesting some traders are rotating toward selective altcoin exposure.
- Solana interest remained selective: SOL-linked products saw modest interest, but the broader altcoin market still lacks full participation.
- Bitcoin ETF outflows created caution: Earlier-week outflows from Bitcoin ETFs reminded traders that ETF demand remains the dominant swing factor for BTC.
- Infrastructure remains stronger than speculation: ETF access, custody, tokenized assets, AI-linked blockchain infrastructure, and institutional rails remain stronger themes than pure meme-driven speculation.
- Bitcoin dominance stayed important: BTC continued to anchor the market, while ETH lagged and altcoins remained selective.
The crypto market continues to improve structurally, but price action is still concentrated. Bitcoin remains the anchor, XRP and Solana are attracting selective flows, and Ethereum needs stronger participation to confirm broader rotation.
Outlook for the Week Ahead
- Macro calendar: Markets will focus on inflation commentary, Fed signals, Treasury yields, and any developments around the Iran conflict.
- Equities: The trend remains constructive, but after eight straight weekly gains in the S&P 500, the market is increasingly vulnerable to consolidation.
- Crypto levels to watch:
BTC: Support around $76,000–$77,000, resistance around $80,000–$82,500.
ETH: Support around $2,050–$2,100, resistance around $2,250–$2,300.
SOL: Support around $84–$86, resistance around $95–$100. - Strategy note: The equity tape remains strong, but crypto is more selective. Favor liquid leaders, watch ETF flows closely, and avoid chasing weak altcoins until breadth improves.
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.
24th May 2026
