Soft Commodities Are Getting Bulls Attention!

Soft Commodities Are Getting Bulls Attention!

On Monday, we highlighted an important price pattern in the chart of the Thomson Reuters Equal-Weighted Commodities Index. Today, we’ll stick within that theme and look at two soft commodities trading setups:  Coffee and Sugar (futures). In both cases, we have charts...
Coffee- About to Perk Up and breakout here?

Coffee- About to Perk Up and breakout here?

Coffee has been rather cold the past few years, as Coffee ETF (JO) has declined from $80 back in 2011 to $15 of late. This decline has created a interesting Power of the Pattern setup and drove away most bullish investors in Coffee. Below looks at Coffee ETF JO and...