| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 630.00 unch on 02/28/20 | | 686.00 -8.16% on 02/06/20 | -0.50 (-0.08%) since 01/28/20 |
| 3-Month | 630.00 unch on 02/28/20 | | 763.25 -17.46% on 01/10/20 | -14.00 (-2.17%) since 11/27/19 |
| 52-Week | 526.75 +19.60% on 07/09/19 | | 763.25 -17.46% on 01/10/20 | +74.25 (+13.36%) since 02/28/19 |
The cotton market is posting 81 to 108 point gains at midday. The US dollar index is up 196 points, a negative input, while crude oil is 25 cents higher. The US cotton crop was reported at 24% planted...
July NY world sugar #11 (SBN24 ) this morning is up +0.43 (+2.21%), and Aug London ICE white sugar #5 (SWQ24 ) is up +11.00 (+1.92%). Sugar prices today are moderately higher, with London sugar posting...
July ICE NY cocoa (CCN24 ) this morning is up +1,025 (+13.51%), and July ICE London cocoa #7 (CAN24 ) is up +583 (+8.47%). Cocoa prices this morning are sharply higher as they recover some of the large...
July arabica coffee (KCN24 ) this morning is down -0.10 (-0.05%), and July ICE robusta coffee (RMN24 ) is down -193 (-5.45%). Coffee prices this morning are weaker, with arabica posting a 5-week low and...
The cotton market is posting 48 to 60 point gains following the overnight trade. Cotton resumed its slide on Monday, as contracts were down 22 to 100 points at the close. The US dollar index was up 42...
Looking at seasonality screens for Cocoa, the September – December spread appeared on April 26 and then again on May 2. When I scheduled the 4/26 trade in the Newsletter (4 trading days earlier) I fully...
The cotton market resumed its slide on Monday, as contracts were down 22 to 100 points at the close. The outside influences had little effect, as the US dollar index was up 42 points, with crude oil 57...
The commodity sector is heating up, with real fundamentals for a number of markets growing more bullish, as indicated by their forward curves.
July NY world sugar #11 (SBN24 ) on Monday closed up +0.20 (+1.04%), and Aug London ICE white sugar #5 (SWQ24 ) did not trade, with markets in the UK closed Monday for the May Day holiday. Sugar prices...
| 3rd Resistance Point | N/A |
| 2nd Resistance Point | 630.00 |
| 1st Resistance Point | 630.00 |
| Last Price | 630.00s |
| 1st Support Level | 630.00 |
| 2nd Support Level | 630.00 |
| 3rd Support Level | N/A |
| 52-Week High | 763.25 |
| Fibonacci 61.8% | 672.91 |
| Fibonacci 50% | 645.00 |
| Last Price | 630.00s |
| Fibonacci 38.2% | 617.09 |
| 52-Week Low | 526.75 |
