Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.

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Wednesday, April 29, 2015

SPX Sell call update

Sell SPX @ 2100 below 2098 target active @ 2088 - 2084 - 2065 - 2056

Now @ 2098.1

Sell SPX b/w 2102 - 2106 target will be updated later


Sell IBEX (Spain) Fut @ 11560!!

Sell IBEX @ 11560, Average level 11585 below 11532 target 11455 - 11432

Now @ 11545

NatGas Spot Weekly Trading Levels - 29 Apr 2015

Best Buy & supp @ 2.510, Resistance & best short level 2.523, A break above 2.536 upside capped @ 2.576 - 2.595. However, a crack below 2.495 downside capped @ 2.452 - 2.436

Now @ 2.530

Likely to Trade in sideways bias 

Wheat 240 minutes Bullish pattern emerging

Price forecast for the day - 



Gold - XAUUSD - 29 APR 2015

Gold below 1208 likely to test 1199 - 1190, Above 1215 its 1222 clearing of 1224 sets pace for 1230 - 1240

Now @ 1209.70

AUDUSD Sell call - Maintain Stops @ 0.8030


AUDUSD Momentum Call

Sell AUDUSD @ 0.8010 for target 0.7905 

Now @ 0.8008

Tuesday, April 28, 2015

Monday, April 27, 2015

Sell XAUUSD - GOLD @ 1199 for positional target 1170 - 1165 stops above 1208, Now @ 1198.8


US COFFEE 240 Mins Bearish Pattern "Triangle" Emerging

Below 139.80 target in focus 137.05

Now @ 141

EURNZD Daily Bullish Trend has set pace!!


US Corn Daily & Weekly Trend - Firm Bearish!!

Best Sell level & resistance @ 378.68 above 375 (Current Resis), A crack below 371.3 Target in Focus 363.40 - 359.80

Reversal above 382.5, Target capped @ 393.30 - 393.90

Now @ 369.25

US Dollar Index - Jun 15 (DXY)

USDX Daily & Weekly Trend - Firm Bearish 

Resistance & Best Sell Level 97.94 - 98, Target in focus 96.22 - 95.80

A break above 98.20 Reversal upside capped @ 99.38 - 99.80

Now @ 97.07

EURUSD - AUDUSD - USDJPY Trading levels for the week ahead - 27 Apr 2015

$EURUSD

Best Buy & support @ 1.0751, resistance & best short level @ 1.0808 (Current supp), A break above 1.0865 upside target capped @ 1.0994 - 1.1052, However a crack below 1.0694 downside capped @ 1.0565 - 1.0508

Now @ 1.0875

$AUDUSD

Best Buy & support @ 7743, Resistance & best sell level @ 7782 (current supp), A break above 7821 upside target capped @ 7909 - 7948, However a crack below 7704 downside capped @ 7616 - 7578

Now @ 7822

$USDJPY

Best buy & support @ 119, Resistance & best short level @ 119.50, A break above 120 upside target capped @ 120.72 - 121.10. However a crack below 118.50 downside capped @ 117.90 - 117.52

Now @ 118.99

Sunday, April 26, 2015

Crude Oil Futures - Jun 15 (CLM5) Weekly Trading Levels - 27 Apr 2015

Best Buy & support @ 57, Resistance & best short level @ 57.52, a break above 58.04 upside target capped @ 59.74 - 60.42, However a crack below 56.48 downside capped @ 54.62 - 53.95

Now @ 57.28

WTIC Crude Oil Spot Update - 27 Apr 2015

Daily Trend - Bearish with a mild bullish streak 

Best Buy & Supp @ 57, Resistance & best short level 57.40, a break above 57.80 upside target capped @ 58.50 - 58.85. However, a Crack below 56.60 downside target capped @ 55.95 - 55.60

Now @ 57.28




US Coffee C Futures - Jul 15 (KCN5) Weekly Trading Levels - 27 Apr 2015

Best Buy & support @ 141, Resistance & Best Sell level 143.25, A break above 145.60 upside target @ 151.25 - 153.70. However, a crack below 138.80 downside capped @ 132.80 - 130.35

Now @ 141.78

US Coffee Spot Monthly Trend & Trading Levels - 27 Apr 2015

Coffee Monthly Resistance remains @ 1.42 - 146, above 1.48 upside target capped @ 1.52 - 1.56, However a crack below 1.36 downside capped @ 1.26 - 1.22

Now @ 1.42

Monthly Trend - Bearish 


Gold - XAUUSD Daily Trend & Trading Levels - 27 Apr 2015

Daily Trading Levels

Best Buy & supp @ 1184 (curr resis), Actual resistance & best short level @ 1188.35, A break above 1192.70 upside target @ 1203 - 1207, however a crack below 1177.60 downside target @ 1168 - 1165

Now @ 1179.90

Trend - Firm Bearish 



Strategy: Sell b/w 1184 - 1188 target 1172 - 1168 

Forex - Pick of the day EUR/NZD - Euro New Zealand Dollar - 27 Apr 2015

Best Buy & support @ 4299, Resistance & Best short level @ 4336, A break above 4372 upside capped @ 4454 - 4492, However a Crack below 4262 downside capped @ 4180 - 4142

Now @ 4314 

Daily Trend - Firm Bullish 


Strategy - Buy @ 4299, average if get 4262 for target 4372

Friday, April 24, 2015

Crude Oil Alert!!

Though oil has not completed its 4 hours bearish pattern, One-hour pattern suggests  a spike till 57.72 above 57.36 which acts as resis & best sell level targeting 55.95 - 55.60 with stops above 58.18

Now @ 57.10

Gold Risk Appetite traders call - 24 Apr 2015

Buy GOLD _ XAUUSD @ 1177 stops @ 1172 target 1188

Now @ 1178

Coffee Trading Levels for the day - 24 Apr 2015

Best Buy & support @ 143 (Current resis) Actual resistance & best short level 143.80, A break above 144.60 upside capped @ 147.10 - 148.10, However, a crack below 142.2 downside target @ 139.50 - 138.50

Now @ 141.5

USD/CHF - US Dollar Swiss Franc

Buy $USDCHF @ or below 0.9545 for Momentum target 9601 - 9645

Now @ 0.9540

Stops below 0.9512, Violation of 9498 Reversal target capped @ 9458 - 9412

$CL_F #crudeoil heading towards fresh low below 55.72??


Thursday, April 23, 2015

Nymex WTI Crude Oil Has confirmed 1 hour bearish trend - Target in focus plotted on the chart


Nymex CrudeOil below 56.95 Pace set for target 55.02 - 54.60


US Home sales data negative for oil and positive for gold


$GBPAUD Target in focus 1.9376 below that 1.9278 - 1.9248


GOLD - XAUUSD Update: 23 Apr 2015

XAUUSD - GOLD Daily Bearish Pattern is almost expiring followed by 2 bullish daily pattern emerging

Buy Gold @ 1186 for target 1197 - 1212 - 1214 - 1216

Stops below 1178

Now @ 1189.48

#GBPAUD all set for a drop!! #Bearish 1 - 4 hours #Fx #Forex


Buy NZDUSD @ 7563 for momentum target 7610 - 7630 stops below 7530, now @ 7564


EURUSD Momentum Call - 23 Apr 2015

Buy EURUSD b/w 1.0672 - 1.0682 stops below 1.0645 Target 1.0722 - 1.0750

Now @ 1.0680

GBPAUD Momentum Call

Sell the pair @ 9398 - 9420  Target 9328 - 9306

Now @ 9390

$GBPAUD Near Term - Multi bagger call Activated @ 1.94


Wednesday, April 22, 2015

EURUSD Fresh Call after low 1.0707

Sell $EURUSD @ 1.0742 - 1.0764 target 1.0672

Now @ 1.0724

Gold - XAUUSD Alert - If 1187.80 is violated then gold will head towards downside target before 1193 - 1197


GOLD - XAUUSD has not yet completed its daily & 4 hour bearish course!!

Gold Still remains a sell @ 1193 average if get 1197.40 target 1173.80

Now @ 1190.45

US COFFEE Mid day alert

Coffee 30 Mins fresh Bearish Pattern "Pennant" Emerging 

Target in focus 145.15 - 144, below 142.85 watch for target 139.80 - 138.50, A break above 146.6 upside capped @ 149.25 - 150.50

Now @ 145.75

Gold Has confirmed its 240 mins & daily bearish trend - Target in focus 1194.05 below 1193 its 1188


WTI Crude Oil 240 Mins Bearish Pattern emerging!!

Oil  Momentum Support @ 56 - 56.24 

Above 56.66  Sell Crude Oil @ 56.90 - 57.20 average level @ 57.48 target 55.4055.20

Now @ 56.52

Stops @ 57.90

EURUSD is a momentum sell @ 1.0763 target 1.0726


Coffee Traders Update - 22 Apr 2015

US Coffee daily bullish pattern which had emerged has approached the resistance @ 144, However, 240 Mins emerging bearish pattern Triangle if successful, then prices will be slammed till 137.80

Above 144.70 Its 147.60, yet the bearish target 129.15 & 122 is still active until the monthly trend changes its course completely.

Now @ 143.80


Crude Momentum Buy call expired @ 56.40


US Wheat Futures - May 15 - CBOT / CME - 22 Apr 2015

Wheat Weekly Best Buy level & support @ 501, Resistance @ 508.15, A break above 515.30 Upside target capped @ 531.60 - 538.80.  However, a crack below 493.80  downside capped @ 477.30 - 470

Now @ 500.50 

Daily Trend - Firm Bullish 

Strategy

Wheat has made numerous 15 to 30 mins bearish patterns, which needs to be completed before the emerging daily or 1440 mins bullish pattern "Ascending Triangle"  kicks off

Buy Wheat @ 501 average if get 495 for target 508 - 515




Silver - XAGUSD Positional Call - 22 Apr 2015

Sell Silver - XAGUSD when get 16.74 for target 16 - 15.30, stops above 16.96

Now @ 16.08

Weekly Trend - Firm Bearish 

EURUSD Buy call b/w 1.0705 - 1.0726 targets are revised from 1.0826 to 1.0768, We shall update in real time regarding extension target 1.0826


EURUSD - Trading Call for the day - 22 Apr 2015

Buy $EURUSD @ 1.0726, Average level @ 1.0705 Target 1.0826, stops @ 1.0672

Now @ 1.0733

Tuesday, April 21, 2015

Nymex Crude Oil - WTI - Intraday - Positional Trading Levels - 21 Apr 2015

Best Buy & supp @ 57, Resistance & best short level 57.80, a break above 58.70 upside capped @ 59.45 - 59.98. However, a crack below 56.20 downside target @ 55.65 - 55.12

Now @ 57.10

EURUSD - Fresh Update after high 1.0780

EURUSD Still remains a buy b/w 1.0705 - 1.0734 for target 1.0826 - 1.0858 above 1.0768

Now  @ 1.0756

Gold is in 4 hours bullish pattern!!

Gold has made  4 hours bullish pattern followed by an hour of bullish momentum on technicals 

Best Buy 1198.65 above 1201.30 target capped @ 1205.60 - 1207.80 extension 1212

Now @ 1200.90

EURUSD Momentum Call - Buy @ 1.0692 target 1.0746, Now @ 1.0693


US Coffee Update - 21 Apr 2015

Coffee has made a 30 mins Ascending Triangle Bullish Pattern - Target in focus 142.65 - 143.50, However traders should utilise this opportunity to sell as the bullish pattern is followed by 240 mins Firm Bearish Pattern 

Best Sell Level - 141.65 - 142.60 average level 143.50 Target 137.70 - 134.60 - 133.30

Now @ 142.08

Sell WTI - Crude Oil!!

Sell WTI Crude Oil @ 58 - 58.20 stops above 58.80 Target 54.88 - 54.38

Now @ 57.70

EURUSD -Intraday - Positional Call -

Buy $EURUSD Pair @ 1.0672 - 1.0658 for momentum target 1.0772 & positional target 1.0876

Momentum Traders Ignore CHFJPY Call


CHFJPY Below 124.68, a sharp drop till 124 - 123.90 is in focus!! Now @ 124.72


Monday, April 20, 2015

Buy $AUDUSD @ 0.7712 for momentum target 7750 - 7778, Stops as per your risk appetite, Now @ 0.7713


Sell CHFJPY pair @ 124.74 for momentum target 124.05 - 123.90, stops above 125.02, Now @ 124.54


EURUSD - 30 Mins Descending Triangle a bearish pattern emerging!!

Best sell @ 1.0803 target 1.0725 stops @ 1.0826

Now @ 1.0801

Gold - XAUUSD Daily Trend - Bullish!!

Best Buy & support @ 1201, Resistance  @ 1203.70 (current supp), a break above 1206.40 upside target @ 1212 - 1214.48, below 1198 downside @ 1192.80 - 1190.30

Now @ 1204.40

Buy on dips 

$EURUSD Index Likely to continue its bullish momentum for the day!!

Best Buy  & support @ 1.0724 target 1.0858 - 1.0876 extension @ 1.0924

New Zealand Consumer Price Index (CPI) QoQ



Actual
-0.3%
Forecast
-0.2%
Previous
  -0.2%

$NZDUSD Likely to continue its bullish momentum the week ahead!!

Best Buy & support @ 7544, Resistance @ 7620 (current support), A break above 7696 upside target capped @ 7866 - 7942. However, a crack below 7468 downside capped @ 7296 - 7220

Now @ 7695

Weekly & Monthly Trend - Firm Bullish

All the major indicators are inching north and has more room left for upside 


AUDUSD Index Weekly & trading levels - 20 Apr 2015

Best Buy & support @ 0.766, Resistance @ 773 (current support), A break above 780 upside target capped @ 795 - 802, however a crack below 758 downside capped @ 744 - 738 

Trend - Bullish Momentum in play 


Crude Oil - WTI - Daily - Weekly Trend, Levels & Trading Strategy - 19 Apr 2015

Crude Oil Weekly Trading Levels 



Best Buy & support @ 54, Actual resistance @ 55.15 (current support),  Break above 56.30 upside target capped @ 59.70 - 60.80, However a Crack below 52.80 downside capped @ 49.20 - 47.80

Now @ 55.99

Strategy: Buy on dips b/w 54 - 53.70 with stops @ 52.80 for target 57.60 - 58.20 - 59.70

Daily Trend & Trading Levels 


Best Buy & sup @ 56, Resistance & best sell level 56.30 a break above 56.60 upside capped @ 57.48 - 57.60. However, a Crack below 55.7 downside capped @ 54.70 - 54.20

Strategy: Traders can sell early week b/w 56.30 - 56.60 with strict stops @ 57.10 for target 55.15 - 54.70 - 54.20, above 57.10 price target  floats till 58 - 58.20 clearing 57.60

Sunday, April 19, 2015

Coffee Daily - weekly - Monthly Trend & Trading Levels - 19 Apr 2015

Coffee Daily Bullish Trend expired?


Daily Trading Levels 

Best Buy & support @ 139, Resistance @ 139.90, A break above 140.80 upside target @ 142.65 - 143.50, However a crack below 138.10 downside capped @ 136.30 - 135.45

Strategy: Sell Coffee @ 139.90 - 140.80 for target 136

(136 is also our weekly support & best buy level)

Weekly Trend 


Weekly Trading Levels

Best Buy & support @ 136 , Actual resistance & best sell level @ 137.70, A break above 139.40 upside target capped @ 144.80 - 147, however a crack below 134.30 downside capped @ 128.40 - 126.20

Now @ 139.28

(The above levels activates once prices touch "136")

Strategy: As mentioned in the chart monthly trend plays a major role in deciding the overall trend, however, tomorrow EOD charts sheds more light on weekly direction..

Traders should keep a hawk eye on 136 levels, If the prices take support b/w 136 - 135.40 and manages to clear 139.40 prices are likely to shoot up till 144.80 before the monthly technical inevitable target 126.20 

Monthly Technical Chart 


Friday, April 17, 2015

Buy $EURJPY @ 128 - 128.14 above 128.28 target 128.65 - 128.80


$AUDUSD Fresh Levels after high 7825 - Apr 17 2015

AUDUSD Pair Fresh support & best buy @ 7655, Resistance @ 7720 (current support), A break above 7785 upside capped @ 7930 - 7995. However, a crack below 7595 downside capped @ 7444 - 7380

Now @ 7800

These are Near Term Levels ( 1- 4 weeks) 

GOLD - XAUUSD - Intraday / Positional Call - 17 Apr 2015

Best Buy & Support @ 1196 Resistance @ 1201, A break above 1206 upside capped @ 1212.50 - 1216.60 - 1221.5, however a crack below 1190 downside capped @ 1180 - 1178

Now @ 1198 

Trend - Bullish 

Strategy - Buy Gold @ 1196, Average if get 1192 for target 1206 - 1212 as daily technical suggests room for upside.. Though Target extensions are 1216 - 1222 it's safe to exit @ 1212 as target 1182 - 1180 is still in focus as of monthly trend.. Above 1222 it's a different saga.


Thursday, April 16, 2015

Crude run up is almost over @ 57.40 now heading towards 56.18 below that free fall - upside resis & best sell @ 57.60


Crude Oil - Alert

Keep a hawk eye on 56.72 - 56.80 respecting the resistance makes oil vulnerable for 53.76

MCX Traders who have momentum long pos in oil - book profits now


WTI - Crude Oil Update: 16 Apr 2015

Oil is now trading @ 55.40 Watch for 54.80, Risk appetite traders can buy oil b/w 54.86 - 54.56  average @ 54.16 for target 57.20 - 57.60 

Stop loss or break down level 53.70 


Traders who have bought EURUSD @ 1.0636, Book Partial profits @ 1.0692 and rebuy on dip if get 1.0596


Sell GBPJPY @ 177 - 177.10 stops @ 177.30 target 176.28


Crude Oil 56.40 sell call target revised from 55.40 to 55.80


EXIT Gold 1205 Short Positions @ 1204.60


EURUSD Fresh call after high 1.0747 - 16 Apr 2015

Buy EURUSD @ 1.0638 average if get 1.0596 with stops @ 1.0570 target 1.0780 - 1.0815 - 1.0858

Now @ 1.0672

Our ultimate target of positional call 1.0858 is still active

Gold - Momentum & Positional call - 16 Apr 2015

Sell $GOLD $XAUUSD @ 1205 with stops @ 1207 for target  1196

Later, Buy Gold @ 1195 for target 1212 with stops below 1188

Now @ 1202.8

Crude Oil - Momentum Call - 16 Apr 2015

Sell WTI Oil @ 56.40 for momentum target 55.40. Stops above 56.76

Now @ 56.36

Traders should keep in mind our target 57.60 of 48 buy call is still active 

Wednesday, April 15, 2015

Tuesday, April 14, 2015

Crude Oil - above 53.60 if sustains watch for 57.60


USD/TRY - US Dollar Turkish Lira

Sell @ 2.6670 target 2.6450 stops @ 2.6760

Gold - Oil Fresh Trading Levels

GOLD 

Best Buy & support @ 1190 resistance @ 1194.60 above 1199.20 upside target capped @ 1212.5, a crack below 1185 downside capped @ 1178 - 1172

Now @ 1195.40

Crude 

Best Buy & support @ 52 Resistance @ 52.44 (current supp), a break above 52.88 upside capped @ 53.16 - 53.40 however a crack below 51.88 downside capped @ 51.48 - 51.24

Monday, April 13, 2015

WTI - CrudeOil Momentum Call - 13 Apr 2015

Sell Oil @ 52.35, stops @ 52.85 target 51.38 - 51.15 

Now @ 52.28

XAGUSD - GOLD Intra Day - Positional Call - 13 Apr 2015

Buy GOLD - XAUUSD @ 1198 Stops @ 1196 target 1212

Now @ 1198.55

XAUUSD - GOLD - Momentum Update

Gold has made Inverse head & shoulder pattern for 30 mins which ends at 3.00 pm IST, After that a 240 mins bearish pattern "Triangle" Likely to get activated

EURUSD Positional call: 13 Apr 2015

Buy the Pair @ 1.0558 - 1.0545 for positional target 1.0858 

Now @ 1.0559

Stops @ 1.0488

FTSE 100 Futures - Jun 15 - Trading Strategy - 13 Apr 2015

Sell FTSE Fut b/w 7029 - 7036 for momentum target 7010 - 7001, below 6998 watch for intraday - positional target 6930, stops @ 7042, above that reversal target @ 7080 - 7160

Now @ 7022.5

Sunday, April 12, 2015

$GBPJPY Positional Call: 12 Apr 2015

Sell $GBPJPY Pair b/w 177 - 177.88 below 176.22 downside capped @ 174.20 - 173.33, Stops @ 178.78


Now @ 176.03 



Our momentum Buy call target active @ 176.80 

Weekly Trend - Firm Bearish 


$GBPAUD Near term Call - 12 Apr 2015

Best Sell level 1.93 - 1.94 target 1.87 - 1.86

Now @ 1.90

Stops @ 1.95

Buy Tata Coffee b/w 94 - 95.06 above 96.12 target capped @ 97.75 - 98.56


SAIL Bullish momentum still evident on weekly charts. Best Buy & supp b/w 72 - 73.15 above 74.30 upside target capped @ 78.36 - 79.98


Trend Trader's Pick of the Week Stock: RCOM

Actual Best Buy & support  65 - 66.76, current support 68.40, above 71.80 upside target capped @ 76.25 - 80.20

Now @ 71.50

Strategy: Buy @ 66.76 for target 76.25 - 80.20. However, Risk Appetite traders can buy @ 68.40 and add more if get downside for same target as technicals are indicating firm #Bullish  momentum in play.






US Coffee Near Term Call - 12 Apr 2015

Buy Coffee below 126 or @ 122 for Near Term Target 155 - 166 - 188, strict stops @ 112

Now @ 135

Coffee All Set for Final league down??

Weekly strong resistance & best short level 1.42 downside target capped @ 1.29 - 1.26

Now @ 1.35




Monthly Trend - Most of the major indicators as highlighted in the below chart are in bottoming process however couple of major indicators also suggests there is still room for downside and traders can consider this would be a final league on downside. Below 126 it's 122


Timing is everything


Often the most difficult step is ‪#‎Trading‬ is market timing.For short-term traders, minor price moves can have a dramatic impact on trading performance. Therefore, the precise timing of entry and exit points is an indispensable aspect of any market commitment.

Thursday, April 9, 2015

EURUSD Momentum Call - 09 Apr 2015

Buy $EURUSD @ 1.0738 - 1.0728 with stops @ 1.0712 for target 1.0776 abv tht 1.0848, however violation of stops, Reversal target capped @ 1.0612

Now @ 1.0739

Wednesday, April 8, 2015

Buy Nymex - Comex Gold - XAUUSD!!

Buy $GOLD - $XAUUSD @ 1206 - 1204 strict stops @ 1194 target 1234 - 1236

Now @ 1205.6

MCX CrudeOil Traders - Multibagger Positional Call - 8 Apr 2015

Buy MCX Oil @ 3292 average if get 3266 for positional target 3392, above 3424 watch for ultimate target 3692, Stops below 3220

Now @ 3302

#MCX #CRUDEOIL 3365 Sell call for target 3265 has been expired @ days low 3286, close positions @ 3296


Crude Oil Fresh Levels & Strategy after achieving target 54!!

Best Buy & support @ 50 Resistance @ 51.42, a break above 52.84 upside target capped @ 56.80 - 57.60 - 58, however a crack below 48.40 downside capped @ 44.34 - 42.68 - 40.40

Now @ 52.77

Strategy: Buy on dips below 52.84 for positional upside target 56.80 - 57.60

Monday, April 6, 2015

Buy MCX Copper @ 373 Positional Target 378 - 382 - 395, Stop Loss - 368

Now @ 373.20

If stops triggered - Reversal target capped @ 364.45 - 360.10



MCX Crude - Oil Intra day - positional call - 06 APR 2015

Buy crude oil b/w 3116 - 3126 for target 3226 stops @ 3082

Now @ 3132

MCX GOLD - SILVER - Short Term Trading Levels update - 06 Apr 2015

GOLD (Jun Exp)

Best Buy & support @ 26744, Actual Resistance & best short level @ 27426. A break above 28108 upside target capped @ 29634 - 30316, However, a crack below 26062 downside capped @ 24536 - 23855

Now @ 26900

As gold has filled 26080 previous week - one can assume "26062" Pivot target has been filled & now we shall take support @ 26745 and move towards target 27426

SILVER (May Exp)

Best Buy & Support @ 37082, Actual Res & best short level @ 38670. A break above 40258 upside target capped @ 43815 - 45404, However, a crack below 35495 downside target capped @ 31938 - 30350

Now @ 38107

US Coffee - Near/Short Term Trend - Levels & Trading Strategy - 06 April 2015

US Coffee In Bottoming process??



The Calculations are based on 52 week Cycle 

Best Buy & support @ 166 (Current Res) Actual Resistance & Best Short Level @ 188.50, A break above 211 upside target capped @ 248 - 262 - 286, However below 143.50 its 122 violation of 120 will make way for 92

Now @ 141.18

Strategy

In the NearTerm, I recommend  risk appetite traders to take sell positions b/w 143.50 - 145.30 for target 130 - 123.5 with strict stops @ 146

Later Buy Coffee @  122 add more if get 120 for Short Term target of 166 - 188 


US Coffee - Daily / Weekly Trend & Trading Levels - 06 Apr 2015

Coffee Daily & weekly trend indicating upside momentum, However, 144 still acts as resistance as monthly trend is still in its initial bottoming process & breakout pivot is capped @ 145.3

Daily Trend - Bullish 


Best Buy & support @ 138 upside target capped @ 143.6 - 144 

Weekly Trend - Neutral 

As all indicators are facing resistance as highlighted in the weekly chart


Hence, a breakout above 146 is unlikely - if clears the resistance then reversal target capped @ 166 until resistance is respected target 130 is always an option. Below 129.15 it's 126 - 124 - 122

Now @ 141.18

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