The Weekly Call for July 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 #516. 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, July 10 close)

S&P 500: Closed near 7,575.39, gaining about 0.4% Friday and approximately 1.2% for the week.

Nasdaq Composite: Closed near 26,281.61, rising about 0.3% Friday and approximately 1.7% for the week.

Dow Jones Industrial Average: Closed near 52,637.01, gaining about 0.3% Friday but declining approximately 0.5% for the week.

U.S. stocks finished the week higher as renewed strength in artificial intelligence, semiconductor, and large-cap technology shares lifted the S&P 500 and Nasdaq. The Dow lagged for the week because it did not benefit as much from the rebound in technology leadership.


Global Markets

FTSE 100 (UK): Closed near 10,497, finishing modestly higher Friday but lower for the week as energy concerns and cautious global sentiment weighed on British equities.

DAX (Germany): Declined for the week as renewed Middle East risk, higher energy prices, and weaker regional sentiment pressured European stocks.

Nikkei 225 (Japan): Finished lower for the week as technology and semiconductor shares reacted to volatile global chip trading.

Shanghai Composite (China): Mixed to slightly higher as expectations for additional policy support offset concerns about domestic demand and the property sector.

Global markets generally underperformed the United States. European shares were particularly sensitive to energy and geopolitical risk, while Asian markets balanced semiconductor demand against slower regional growth.


Commodities Snapshot (Friday close)

Gold: Around $4,106–$4,120/oz, remaining elevated as investors maintained inflation and geopolitical hedges.

Silver: Near $59.58/oz, modestly higher Friday but below its recent monthly highs.

Copper: Around $6.20–$6.25/lb, supported by infrastructure, electrification, and data-center demand.

Crude Oil (WTI): Settled near $71.41/barrel, lower Friday but up almost 4% for the week following renewed U.S.-Iran tensions and temporary concerns about shipping through the Strait of Hormuz.

Natural Gas: Near $2.94/MMBtu, weaker Friday as production and inventory expectations offset weather-related demand.

Commodity markets reflected competing forces. Oil gained for the week because of geopolitical risk, while Friday’s decline showed that traders were not yet pricing in a sustained supply disruption. Gold remained supported, and natural gas continued to trade defensively.


Cryptocurrency Market (Friday close and weekend levels)

Bitcoin (BTC): Around $63,900–$64,300, finishing stronger after recovering from a midweek decline and holding above the important $63,000 level.

Ethereum (ETH): Near $1,775–$1,805, improving with Bitcoin and showing better relative strength late in the week.

Solana (SOL): Around $76–$80, stabilizing after a sharp liquidation-driven decline earlier in the week.

XRP: Near $1.08–$1.10, holding above major support but remaining range-bound.

BNB: Around $570–$575, continuing to show better relative stability than several other large-cap cryptocurrencies.

Cardano (ADA): Near $0.16–$0.17, firmer late in the week but still lacking sustained momentum.

Dogecoin (DOGE): Around $0.075–$0.077, modestly higher Friday but still showing limited retail participation.

Crypto recovered into the end of the week after experiencing sharp midweek volatility. Bitcoin remained the primary leadership asset, while Ethereum improved and the broader altcoin market stabilized more gradually.


Key Market Drivers

  • Artificial-intelligence leadership returned: Semiconductor and large-cap technology stocks rebounded, helping the S&P 500 and Nasdaq outperform.
  • Meta and semiconductor shares drove the equity rally: Renewed confidence in AI investment and infrastructure spending brought buyers back into several high-growth market leaders.
  • Middle East tensions increased volatility: Renewed U.S.-Iran military activity temporarily pushed oil higher and pressured global risk assets before markets stabilized.
  • Oil finished higher for the week: Supply concerns and reduced traffic through the Strait of Hormuz increased the geopolitical premium, although hopes for negotiations helped prices ease Friday.
  • Treasury yields remained a concern: Resilient economic data and energy-related inflation risks kept investors cautious about the timing of future Federal Reserve easing.
  • Bitcoin ETF demand improved late in the week: Renewed inflows helped Bitcoin absorb negative headlines and remain above important technical support.
  • Earnings season moved into focus: Investors began positioning for reports from major banks, Taiwan Semiconductor, industrial companies, and large technology firms.

This was a volatile but ultimately constructive week. Technology leadership reasserted itself, while geopolitical risk, oil prices, inflation, and interest-rate expectations remained the biggest threats to continued upside.


Emerging Crypto Projects & Ecosystem News

  • Circle’s national trust-bank approval strengthened the stablecoin story: The approval supports federally supervised digital-asset custody, reserve management, and institutional confidence in the USDC ecosystem.
  • Tokenized securities moved closer to broader adoption: Traditional financial institutions continued preparing tokenized equity, Treasury, private-credit, and settlement products.
  • DTCC tokenization initiatives remained important: Work toward regulated blockchain-based securities settlement reinforced the case for institutional tokenization infrastructure.
  • Chainlink expanded its institutional role: Oracle, interoperability, proof-of-reserves, and cross-chain messaging services remain critical components of tokenized finance.
  • Real-world asset projects continued launching: New products focused on tokenized Treasury assets, private credit, real estate, commodities, and yield-bearing financial instruments.
  • Stablecoin infrastructure attracted more attention: Payments, reserve management, compliance, custody, and settlement platforms may become more valuable than individual stablecoins themselves.
  • Ethereum Layer-2 activity remained healthy: Scaling networks continued processing strong transaction volumes despite Ethereum’s weak price performance.
  • AI-linked blockchain infrastructure remained active: Decentralized computing, data marketplaces, inference systems, and verification networks continued attracting developers and capital.

The strongest crypto themes remain institutional infrastructure, tokenization, custody, regulated investment products, and blockchain-based settlement rather than purely speculative trading.


Outlook for the Week Ahead

  • Macro calendar: Markets will focus on June inflation data, retail sales, Federal Reserve commentary, and Treasury yields.
  • Corporate earnings: Major banks, Taiwan Semiconductor, industrial companies, and technology firms will begin reporting. AI spending, credit quality, margins, and forward guidance will be closely watched.
  • Geopolitics: Investors will continue monitoring U.S.-Iran relations and shipping conditions through the Strait of Hormuz.
  • Equities: The S&P 500 and Nasdaq remain constructive, but the rally still depends heavily on continued AI earnings growth and stable Treasury yields.
  • Crypto levels to watch:
    BTC: Support around $62,000–$63,000, resistance around $65,000–$67,000.
    ETH: Support around $1,700–$1,750, resistance around $1,850–$1,950.
    SOL: Support around $74–$76, resistance around $82–$86.
    XRP: Support around $1.07–$1.09, resistance around $1.14–$1.17.

 

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 Jul 2026

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