Chaotic indicators in a host of markets do coinside at once like this week. They are all bearish before Summer Drought play?
Trend remains negative
Prices to watch - July 84.10 & August 77.60
Go Short Trend Line
Initial target = 366
Producers gearing up for a 7-10% production expansion.
Still going lower
Looking back at the last few "rallies" in the Sugar market... The post The Cullen Outlook – Formation Finder (Sugar) appeared first on Daniels Trading.
Bearish export news this morning
Soft commodities look weak
COTTON General Comments: Cotton was lower and trends are down on the charts. Ideas of good crop progress and improving condition helped the selling interest. USDA did show lower condition ratings as it...
July and August Hogs
This is a sample entry from Don DeBartolo’s email newsletter, Trade Spotlight: Futures, published on Tuesday, June 20, 2017. There is a trade opportunity based on a potential breakout in the Sugar market....
Coffee is into buy territory with one month holding down by the lows. Advise to clients for month that coffee was starting to setup for; The despised type trade. Nobody wants to hear, to buy it (like...
RSI of 50 values
COTTON General Comments: Cotton was lower and trends are down on the charts. Ideas of good crop progress and improving condition helped the selling interest. However, USDA showed lower condition ratings...
Three Wolfe Waves - Short at Point 5 TOPS