30 yr treasury update n sugar ,coffee

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Forum Policy

Return to Index

TFC Commodity Trading Forum

treasuries are setting up a downward wave 3. as of todays close.
A break of 150'5 and then 149'24 should give us a break down to the 147'00 where the triangle began back on 6/11/12. IF this is a w3,trgt should be somewhere around the 145'00 mark.

Sugar is gradually trending lower in what appears to be a zig zag that should end at the 21.25-50 trgt on the oct contract. We do however have a close in a hammer doji candle today, not enough for me to be in just yet.

Coffee _ AS like sugar coffee has possibly been carving out a w2 zig zag from the 5w up. It also has closed in a bullish candle doji today possibly ending the A correction wave. Gotta see what happens here, coffee can be an account killer. will wait on this market also!

Good trading

Forum Policy

Return to Index