# Fresh from the Trading Room: Have you Felt the Heat Yet? - CME Group

> CME Group's trading room note highlights a possible uptrend in soybean meal and natural gas after chart patterns, and says wheat has returned to support near 530. It also lists upcoming central bank and US economic events for the following two weeks.

- Date: 2024-07-30 · published 2024-07-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/29398-fresh-from-the-trading-room-have-you-felt-the-heat-yet-cme-group
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Technical signals suggest a possible rebound in soybean meal, but the note is analyst opinion without a new fundamental driver.

## Read by commodity

- SBM: bullish ▲
- WHEAT: neutral
- NATGAS: bullish ▲

## Sources

- cmegroup.com: https://www.cmegroup.com/newsletters/fresh-from-the-trading-room/2024-07-30.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.