Tag : coffee futures

Coffee Historically Looks Cheap
Coffee Historically Looks Cheap

Coffee Futures—Coffee futures are trading slightly lower for the 2nd consecutive session down 45 points at 90.15 a pound still looking to test the contract low which was hit on April 17th at 89.00 in my opinion. Coffee prices have been stuck in a 3 week consolidation looking to break out as the downtrend line remains intact as the entire…

Cotton Prices Down Over 200 Points On China News
Cotton Prices Down Over 200 Points On China News

Cotton Futures—Cotton futures in the July contract opened sharply lower this Monday in New York as a trade agreement with China looks to be on hold sending prices down to 220 points at 73.48 hitting a fresh 9 week low. I have been recommending a bearish position from around the 75.78 level and if you took that trade continue to…

Where Are Cotton Prices Headed ?
Where Are Cotton Prices Headed ?

Cotton Futures—Cotton futures in the July contract is currently trading at 75.80 after settling last Friday in New York at 77.70 down almost 200 points for the trading week as a rounding top chart pattern looks to have been formed in my opinion. I have been recommending a bearish position from around the 75.78 level and if you took that…

Looking To Sell More Sugar
Looking To Sell More Sugar

Sugar Futures—Sugar futures in the July contract is currently trading at 12.04 after settling last Friday in New York at 12.65 a pound continuing its bearish momentum as I’ve been recommending a short position from the 12.25 level & if you took that trade continue to place the stop loss above the 2 week high which stands at 13.05 as…

Will Sugar Follow Crude Oil Lower ?
Will Sugar Follow Crude Oil Lower ?

Sugar Futures—Sugar futures in the July contract is up 5 points at 12.26 rallying slightly on concerns that heavy rains have slowed the Brazilian harvest as I have been recommending a bearish position from this level and if you took the trade continue to place the stop loss above 13.05 as an exit strategy. Commodity markets in general continue to…

Are Orange Juice Prices Over Sold ?
Are Orange Juice Prices Over Sold ?

You need to login to view this content. Please Login. Not a Member? Join Us

14 Year Low In Coffee Hurts Growers
14 Year Low In Coffee Hurts Growers

You need to login to view this content. Please Login. Not a Member? Join Us

Here Is My Cotton Trade-Possible Rounding Top
Here Is My Cotton Trade-Possible Rounding Top

Cotton Futures—Cotton futures are trading lower for the 4th consecutive session down another 100 points at 75.78 as I am now recommending a bearish position while placing the stop loss above the high that was created on April 9th at 79.57 as the risk is around $1,900 per contract plus slippage and commission. Cotton prices are now trading under their…