Milk Futures Down 2nd Consecutive Day

04 Apr in Blog, coffee futures, commodity broker, commodity trading, cotton futures, futures broker, futures trading, lumber futures, Michael Seery, milk futures, option broker, orange juice futures, Seery Futures LLC, soft commodities, sugar futures

Milk Futures--- Milk futures sold off sharply from 6 week highs for the 2nd consecutive trading session selling off 29 points to settle at  at 15.30 in heavy  trade in Chicago in sympathy with the rest of the commodity markets today. Milk futures for the May delivery of rallied 160 points from their March 5th low of 14.20 which is looking more like a spike bottom on the daily chart. The next resistance in milk is 16.25 and I still think there's a chance you could hit contract highs by the early summer months. If you are looking for a futures broker feel free to contact Michael Seery at 800-615-7649 and he will be more than happy to help you with your trading.

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