Today a selection of the Soft Commodities that we update three weekly in our GMTT Research Report:
Coffee (MAR)
Coffee tested again our target of 127.00
We still have a next target of 134.00
However, since there is a projected high we exit the trade this morning with a 9% profit.
A close below 122.75 gives a sell signal.
Sugar (MAR)
Sugar is on a buy signal from 14.90 and the high so far was 16.75.
A close below 15.90 cancels the buy signal.
Cocoa (MAR)
Cocoa is close to electing our signal to go long above 2565.
The suggested sell stop is 2415.
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Coffee Jan 15 2021
