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Monday, August 31, 2015
Coffee Weekly Trading Levels - 31 Aug 2015
Best Buy & support @ 119, Resistance & best short level @ 120.40 (Current supp), A break above 121.80 upside target capped @ 124.50 - 125.75, However a crack below 117.60 downside capped @ 115.05 - 113.70
Now @ 124.18
Monthly Trend has taken support and bullish momentum exists with bearish streaks as of weekly & daily
WTI - CrudeOil Weekly Trend & Trading Levels - 31 Aug 2015
Best Buy & support @ 41, Resistance & best sell level 42.78, a break above 44.62 upside target capped @ 49.05 - 50.90 however below 39.2 downside capped @ 34.65 - 32.72
Now @ 44.40
Trend - Weekly Bullish Momentum still exists
Friday, August 14, 2015
Coffee Strategy
Traders with long positions @ 122 can close partial positions @ 137.80 and wait for a dip till 133 to buy back long pos for target 148 - 154
Now @ 137.80
Coffee Positional trading update
Best Buy & support 128, Actual resistance & best short level 132.95, a break above 137.8 upside target capped @ 149.10 - 154, though a crack below 123.05 downside capped @ 111.80
Now @ 137.82
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