Register/Login to freely access technical analysis on the market described in the headline above. Today’s Top 3 Trades includes technical analysis on: Softs (Cocoa | Cotton) + Today’s Top Trade (AUDUSD) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM asRead More
Tag: Cotton
Cocoa (CC) Tries Forming Higher Oct Low VS Sep Low
Cocoa (CC) bounced more than 1.5% yesterday, closing back above the psychologically key 2300 whole figure level. With the near complete weekly Doji, odds are now elevated for a higher Oct low versus the September low…
Cocoa (CC) Weekly MACD Positively Crossing
Register/Login to freely access technical analysis on the market described in the headline above. Today’s Top 3 Trades includes technical analysis on: Softs (Cocoa | Cotton) + Today’s Top Trade (VIX) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds by AUM asRead More
Cotton (CT) Weekly MACD Trying to Positively Cross
Cotton (CT) is firming up, trying to halt last week’s healthy profittaking. Any break above descending wedge resistance (on the 4hr chart) will decisively bring CT back into the daily chart upchannel…
Arabica Coffee (KC) Weekly MACD Positively Crossing
Arabica Coffee (KC) consolidated yesterday for a 6th straight day after 3 strong consecutive up days. With KC near the highest level since June, and digesting the break above downchannel resistance (on the weekly chart connecting the February and June highs), KC has all but completed a Bull Flag consolidation (on the weekly chart)…
Cotton (CT) Retests 61.8% Fib Retrace of May-Jul Slide
Cotton (CT) consolidated for a 3rd straight day yesterday and is near complete on a weekly Gravestone. With CT breaking upchannel support (on the 4hr chart), odds are elevated for a testing next week of the 50% Fib retrace of the May to July slide…
Natural Gas (NG) Nearing 2022 High
Register/Login to freely access technical analysis on the market described in the headline above. Today’s Top 3 Trades includes technical analysis on: Metals/Energy (Natural Gas | WTI Crude) + Today’s Top Trade (Cotton) Join the world’s largest asset manager and 2 of the world’s 5 largest (and 5 of the 10 largest) hedge funds byRead More
Arabica Coffee (KC) Weekly MACD Green Line Flattening
Arabica Coffee (KC) consolidated yesterday, closing near the June low. KC no longer appears to have made a Head & Shoulders (on the weekly chart) but is instead in the late stages of an extended Bull Flag consolidation…
Arabica Coffee (KC) Retests 50% Fib Retrace of February-May Pullback
Arabica Coffee (KC) gained a near 1% yesterday, further reclaiming upchannel support (on the daily and weekly chart). With KC just shy of downchannel resistance (on the 4hr chart) and comfortably above the psychologically key 2.25 whole figure level, KC no longer appears likely to slide back to the May low in July…
Cotton (CT) Suffers Biggest Weekly Loss Since 2011
Cotton (CT) is trying to form its 5th straight red daily candle as part of the biggest weekly drop since at least June 2011. Although odds are decent that the break below the psychologically key 1 whole figure level is an overshoot and false break, CT appears to still be weighed by a gravitational pull towards the 61.8% Fib retrace of the April 2020 to May 2022 bull market (as can be seen on tradingview.com)…