Sunday, June 7, 2015

Potential Trade

May monitor the above commodities for potential big movement

Soybean Oil
Although  COT selling interest is at extreme, price is consolidating since Jul 14 and broke trend  resistance.  If next 2 weeks price can maintain above the MA and trend resistance, I may look for potential entry

Heating Oil
COT selling interest is getting more but yet to hit extreme.  currently forming symmetrical triangle, waiting for break out or break down

Gasoline, Coffee Arabica and Cotton
In consolidating mode and broke trend resistance, waiting for clearer signal

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