CME Group Active Trader

The fundamental story for silver is shifting as a stronger U.S. dollar and rising yields create new headwinds. Insights by @jimiuorio.

The answer to yesterday's question is: Short (sell) futures.

Futures IQ: A corn farmer wants to lock in a price for their harvest to protect against a price drop. What is their typical hedge?

Gold RSI is at its most oversold level since Oct 2023. At that time, gold traded near $1,900/oz. Use this technical signal to analyze current market intent and manage your risk.

Today is the first Triple Witching of 2026. The last hour of the session, the Witching Hour, is often the most volatile part of the day, so keep en eye on the equity indices trading near key levels.

Gold is testing a major structural level. For the first time since Aug 2025, /GC has broken below its 50-day moving average on a daily basis. Since last summer, this technical "floor" has provided consistent support during price retracements. Is this a temporary deviation or a shift in market regime?

And the answer is... Contango.

Futures IQ: If S&P 500 spot prices are trading lower than the futures price, what market structure are we looking at?

When geopolitical tensions flare, the U.S. dollar typically strengthens as investors seek safety. After news of a conflict in Iran in late February, the dollar gained 3% against the euro and 2% against the yen. But one currency pair told a different story. @jimiuorio explains.

With CME FedWatch Tool probabilities at a near certain 99% for a rate hold, tomorrow's focus shifts beyond the decision. The market is watching the updated "dot-plot" and how Chair Powell addresses evolving inflation risks. What are you watching for in the FOMC press conference? Explore the data: spr.ly/6013B6rHJL

Congratulations to the top 10 finishers of our March Trading Challenge. You navigated the markets and claimed your spot at the top. Your next opportunity starts on April 12th. Secure your spot: spr.ly/6015B6uIDd

The final stretch of the March Trading Challenge is here! Take a look at our current leaderboard -- will it change before the day ends? Your next opportunity starts in April. Registration is open now: spr.ly/6014B6z5kn

Three days down, two to go! Midweek volatility has reshaped the top ranks, proving that in this challenge, adaptability is the greatest edge. Your next opportunity starts in April. Registration is open now: spr.ly/6014B6KEkA

WTI Crude Oil volatility is on the move. 🛢️ CVOL Skew (purple) has surged to a one-year high, showing a decisive move toward upside call protection. With Convexity (green) now curling upward, the market isn't pricing in higher moves—it’s bracing for faster price acceleration. Monitor the shift with the CVOL Index tool: spr.ly/6014B6yIXq

The competition is heating up. Check the standings to see who is leading the pack after 48 hours of trading. Ready to test your strategy? Registration for the April Trading Challenge is now open: spr.ly/6019B6yPxt

Answer: Total open contracts Join us again next week to test your Futures IQ.

Futures IQ: What does "Open Interest" actually tell us about a Bitcoin futures contract?

Markets recovered after the U.S.-Iran escalation, but oil prices may be quietly reshaping the Fed's next move. @jimiuorio breaks down what traders need to watch.

Day 1 of the March Trading Challenge is in the books! Check out the leaderboard below. Reminder: Join @Bob_Iaccino at 11am CT for a look at Ag products and their asset class correlations. spr.ly/6010B6G6oK

A 39% jump in LNG and a 12% spike in WTI isn't just volatility; it's a structural shift in supply risk. As the Strait of Hormuz becomes the market's focal point, energy options liquidity is providing the clearest signal of where risk is being priced next. Watch the tape, not the headlines.