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Coffee Futures--- The coffee market was lower for the 5th consecutive trading session with an absolute see saw chart pattern on the daily charts in recent weeks finishing down 175 points at 135.15 pound just an eyelash away from contract lows which is right around 133 a pound as traders are spinning their heads wondering if there ever be a trend in coffee.
Sugar futures – Sugar was higher by 8 points to close at 16.89 but has finished lower 9 out of 10 trading sessions breaking out to a new 3 year low trading below its 20 & 100 day moving average and as I've stated in previous blogs I am bearish sugar prices and I am recommending a short position putting a stop above 17.90 in case the trend does break out to the upside but at this point in time I still believe that the trend in
Orange Juice Futures-- Orange juice futures are still stuck in a two-month consolidation between 140 – 150 down about 400 points for the week and what looks to me as a possible top forming in prices as the soft markets seem to be entering bearish trends once again.
Cocoa Futures--- The cocoa market was very quiet this Friday afternoon finishing up only about 2 points at 2301 still trading above its 100 day moving average but now is crossed the 20 day moving average to the downside hitting a 4 week low today just down slightly for the week and in many previous blogs I was bullish cocoa prices placing my stop at the 10 day low which was hit several days back and now have turned bearish as a 4 week low as been created with ex
Coffee Futures--- Coffee futures finished down 295 points and had a disappointing week finishing lower by about 800 points still in a real seesaw chart pattern finishing around 137.00 a pound creating a false breakout to the upside last week with a false breakout to the downside a couple weeks ago so were still unable to breakout of this 8 week consolidation.
Cotton Futures--- Cotton futures had a very quiet trading week basically finishing around 86.35 trading slightly lower for the trading week and is still above its 20 and 100 day moving average by just an eyelash as export sales were disappointing coming out of the USDA yesterday as China who is our largest importer is slowing down which could put some pressure here in the short term.
Sugar futures were lower for the 8th straight trading session this afternoon currently trading at 16.83 breaking out to a new 3 year low trading below its 20 & 100 day moving average and as I've stated in previous blogs I am bearish sugar prices and I am recommending a short position putting a stop above 17.90 in case the trend does break out to the upside but at this point in time I still believe that the trend in sugar prices are low
Orange Juice--- Orange juice futures for the July contract are up 450 points currently trading at 148.80 looking at closing at 1 year highs and is up about 27% in 2013.

