Softs Futures Update

News & commentary on Softs Futures markets including Cotton #2, Orange Juice, Coffee, Sugar #11, Cocoa, Lumber & more.

Softs Futures Update is a blog dedicated to bringing updates, news and commentary on softs futures markets including Cotton #2, Orange Juice, Coffee, Sugar #11, Cocoa, Lumber and more.

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Futures, options and forex trading is speculative in nature and involves substantial risk of loss.  These recommendations are a solicitation for entering into derivatives transactions.  All known news and events have already been factored into the price of the underlying derivatives discussed.  From time to time persons affiliated with Zaner, or its associated companies, may have positions in recommended and other derivatives.


ORANGE JUICE IS BUCKING ITS NORMAL TREND AT THIS TIME OF THE YEAR!

Posted on 10/21/2014 7:41:34 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

LUMBER:  Lumber settled down for its eight session out of its last ten after stalling in a minor resistance area and, more importantly, not taking out August's high.  I will continue to stand aside until I see what happens although lumber is now in a support area.. Still, the weekly charts shows a downtrend with bottoming type action along with being unable to penetrate a strong looking resistance area.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

COCOA: Cocoa settled slightly higher in what looks like a BEAR PENNANT while attempting to bottom at the same time. Watch 3040 and 3240 for direction and stand aside or trade these parameters for now. For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

SU

SUGAR:  Sugar settled higher but remains bearish overall and losing some steam during its retracement rally.. For now I still need a close over 1700 again and finally over 1800 to verify a buy signal. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more, sign-up for a FREE 30-day trial to market head.Com.

 

COTTON: Cotton settled down for its fifth session in a row now at the upper end of a support area.. Cotton has been moving lower since peaking in the middle of September. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to market head.com.

COFFEE: Coffee fell for its fourth session in a role remaining as volatile as always! I missed a short term sell signal and prefer to stand aside for now although its long term buy signal is still in tact..

ORANGE JUICE: OJ its second worst close since November 2013 and seems to be in a BEAR PENNANT which doesn't normally happen at this time of the year. I guess the market is talking the forcast of a warmer winter than normal seriously. Also, there's not much in the way of support below but has good resistance starting around 14200.SELL SIGNAL. CALL FOR DETAILS!

 


ORANGE JUICE IS BUCKING ITS NORMAL TREND AT THIS TIME OF THE YEAR!

Posted on 10/21/2014 7:41:27 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

LUMBER:  Lumber settled down for its eight session out of its last ten after stalling in a minor resistance area and, more importantly, not taking out August's high.  I will continue to stand aside until I see what happens although lumber is now in a support area.. Still, the weekly charts shows a downtrend with bottoming type action along with being unable to penetrate a strong looking resistance area.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

COCOA: Cocoa settled slightly higher in what looks like a BEAR PENNANT while attempting to bottom at the same time. Watch 3040 and 3240 for direction and stand aside or trade these parameters for now. For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

SU

SUGAR:  Sugar settled higher but remains bearish overall and losing some steam during its retracement rally.. For now I still need a close over 1700 again and finally over 1800 to verify a buy signal. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more, sign-up for a FREE 30-day trial to market head.Com.

 

COTTON: Cotton settled down for its fifth session in a row now at the upper end of a support area.. Cotton has been moving lower since peaking in the middle of September. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to market head.com.

COFFEE: Coffee fell for its fourth session in a role remaining as volatile as always! I missed a short term sell signal and prefer to stand aside for now although its long term buy signal is still in tact..

ORANGE JUICE: OJ its second worst close since November 2013 and seems to be in a BEAR PENNANT which doesn't normally happen at this time of the year. I guess the market is talking the forcast of a warmer winter than normal seriously. Also, there's not much in the way of support below but has good resistance starting around 14200.SELL SIGNAL. CALL FOR DETAILS!

 


10/14 Sugar buy signal

Posted on 10/20/2014 1:22:19 PM by: Larry Baer, Market Strategist @ Zaner. 312-277-0112.

 


NO UPATE TODAY

Posted on 10/20/2014 6:34:47 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

LUMBER:  Lumber settled down for its fifth session in a row after stalling in a minor resistance area and, moreimportantly, not taking out August's high.  I will continue to stand aside until I see what happens. Still, the weekly charts shows a downtrend with bottoming type action along with being unable to penetrate a strong looking resistance area.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

COCOA: Cocoa had a huge range finally ending up sharply lower. The daily chart shows a possible bottom forming while the weekly, although still in an uptrend, show choppy, possible topping action. I will continue to stand aside and give no signal at this time. Decent resistance begins around 3190 which was penetrated today before selling off.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

SUGAR:  Sugar settled higher either ending its retracement rally or still forming a possible bottom. For now I need a close over 1700 again to give me a possible buy signal. There's little resistance up to  the 1730 area and little support below. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more, sign-up for a FREE 30-day trial to market head.Com.

 

COTTON: Cotton had its second best close of its retracement rally while remaining in a decent resistance area. Cotton has been moving higher since the beginning of August but I just don't have a good trading recommendation at its present levela and prefer to stand aside for now. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to market head.com.

 

COFFEE: Coffee missed the high of its move by one tick before selling off eventually closing lower. Now coffee could be in a possible BULL PENNANT OR TRIANGLE. There's little support down to the 19500 area.Therefore, I'm continuing to stand aside. BUY SIGNAL. CALL FOR DETAILS!

 

ORANGE JUICE: OJ its worst low and close since November 2013 which doesn't normally happen at this time of the year. I guess the market is talking the forcast of a warmer winter than normal seriously. Also, there's not much in the way of support below but has good resistance starting around 14200.SELL SIGNAL. CALL FOR DETAILS!

 


NO UPATE TODAY

Posted on 10/15/2014 7:28:51 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

LUMBER:  Lumber settled down for its fifth session in a row after stalling in a minor resistance area and, moreimportantly, not taking out August's high.  I will continue to stand aside until I see what happens. Still, the weekly charts shows a downtrend with bottoming type action along with being unable to penetrate a strong looking resistance area.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

COCOA: Cocoa had a huge range finally ending up sharply lower. The daily chart shows a possible bottom forming while the weekly, although still in an uptrend, show choppy, possible topping action. I will continue to stand aside and give no signal at this time. Decent resistance begins around 3190 which was penetrated today before selling off.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

SUGAR:  Sugar settled higher either ending its retracement rally or still forming a possible bottom. For now I need a close over 1700 again to give me a possible buy signal. There's little resistance up to  the 1730 area and little support below. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more, sign-up for a FREE 30-day trial to market head.Com.

 

COTTON: Cotton had its second best close of its retracement rally while remaining in a decent resistance area. Cotton has been moving higher since the beginning of August but I just don't have a good trading recommendation at its present levela and prefer to stand aside for now. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to market head.com.

 

COFFEE: Coffee missed the high of its move by one tick before selling off eventually closing lower. Now coffee could be in a possible BULL PENNANT OR TRIANGLE. There's little support down to the 19500 area.Therefore, I'm continuing to stand aside. BUY SIGNAL. CALL FOR DETAILS!

 

ORANGE JUICE: OJ its worst low and close since November 2013 which doesn't normally happen at this time of the year. I guess the market is talking the forcast of a warmer winter than normal seriously. Also, there's not much in the way of support below but has good resistance starting around 14200.SELL SIGNAL. CALL FOR DETAILS!

 


NEW LOW AND CLOSE FOR ORANGE JUICE THIS YEAR

Posted on 10/14/2014 7:40:55 AM by: Rick Alexander, VP, Trading @ Zaner. 312-277-0107.

 

LUMBER:  Lumber settled down for its fifth session in a row after stalling in a minor resistance area and, moreimportantly, not taking out August's high.  I will continue to stand aside until I see what happens. Still, the weekly charts shows a downtrend with bottoming type action along with being unable to penetrate a strong looking resistance area.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

COCOA: Cocoa had a huge range finally ending up sharply lower. The daily chart shows a possible bottom forming while the weekly, although still in an uptrend, show choppy, possible topping action. I will continue to stand aside and give no signal at this time. Decent resistance begins around 3190 which was penetrated today before selling off.  For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to Market head.Com.

 

SUGAR:  Sugar settled higher either ending its retracement rally or still forming a possible bottom. For now I need a close over 1700 again to give me a possible buy signal. There's little resistance up to  the 1730 area and little support below. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more, sign-up for a FREE 30-day trial to market head.Com.

 

COTTON: Cotton had its second best close of its retracement rally while remaining in a decent resistance area. Cotton has been moving higher since the beginning of August but I just don't have a good trading recommendation at its present levela and prefer to stand aside for now. SELL SIGNAL. CALL FOR DETAILS! For additional charts, quotes, news, commentary & more sign-up for a FREE 30-day trial to market head.com.

 

COFFEE: Coffee missed the high of its move by one tick before selling off eventually closing lower. Now coffee could be in a possible BULL PENNANT OR TRIANGLE. There's little support down to the 19500 area.Therefore, I'm continuing to stand aside. BUY SIGNAL. CALL FOR DETAILS!

 

ORANGE JUICE: OJ its worst low and close since November 2013 which doesn't normally happen at this time of the year. I guess the market is talking the forcast of a warmer winter than normal seriously. Also, there's not much in the way of support below but has good resistance starting around 14200.SELL SIGNAL. CALL FOR DETAILS!

 


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