The FCOJ-A futures contract is the world benchmark contract for the global frozen concentrated orange juice market. Is it too late to buy Orange Juice ? I'll wait for the correction. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are...
Long at 65. Commercials been accumulating
1. COT is bullish 2. Price has breakout of consolidation triangle 3. Bullish seasonality for March
Perfect touchpoints in a descending coil, punctuated by Tuesday's opening volume burst while notching new contract lows and then recovering.
Orange Juice low on Demand over Supply but on Technical and Seasonality Charts historically, I say we see Price at a Good Buy Price!!!
I have some strong evidence that orange juice has bottomed and we are starting a strong bullish trend, let’ go to the facts. First of all, we have non-commercials for the last 6 weeks taking profits in their shorts and this move has accelerated this week at the point that we got a COT signal to go long. The signal is triggered when the stochastics indicator...