JO (Coffee)

    JO (Coffee)

    Posted by mla127 on 17th of May 2016 at 02:10 pm

    Ok ... out the last third of my position ...   Looking for a decent pull back to get back in...  but weekly still looks rip for a major move of that base 

    nice trade management on JO

    Posted by matt on 17th of May 2016 at 02:11 pm

    nice trade management on JO mia, I sold the sucker too early

    I'm looking at the dailies

    Posted by varmercur on 17th of May 2016 at 02:42 pm

    I'm looking at the dailies in the coffee futures - and they look pretty good to me. I don't see why you would wanna sell now if you use the dailies as a time perspective. 

    MA's are aligned beneath, possible IHS where the right shoulder has a W formation. 


    yes longer term I really

    Posted by matt on 17th of May 2016 at 02:55 pm

    yes longer term I really like the JO chart, on the weekly.  I also like the DBA weekly

    Yes - agri's appear to

    Posted by varmercur on 17th of May 2016 at 02:57 pm

    Yes - agri's appear to potentially be close to a break out. Could you or Steve take a look at futures of Wheat, Corn, Cattle, the Soy complex, etc and give us your views?

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