Breakfast Report

Posted: June 25, 2021, 3:35 p.m.

Technical Spotlight - Weekly Cocoa (September)

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Technicals: The trend following system is Short

Buy Trigger: 2426*

Sell Trigger: 2380* June 17

Settle: 2344

OTE Unrealized Profit/Loss: $370.00

 

Bias: Bearish / Neutral

Resistance: 2530** , 2550*** , 2605**

Support: 2403** , 2351** , 2317*** (Pocket support)

 

ADX: 26.09

(ADX 10-week = Measures the strength of the current trend)

 

Initial Margin $2,090

Maintenance Margin $1,900

First Notice Date: August 18

Last Trade Date: September 15

 

Technical Spotlight - Weekly Coffee (September)

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Technicals: The trend following system is Flat

Buy Trigger: 165.73*

Sell Trigger: 145.79*

Settle: 153.40

OTE Unrealized Profit/Loss: $00.00

 

Bias: Neutral

Resistance: Targeting 2016 highs

Support: 143.70** , 140.00**

 

ADX: 54.14

(ADX 10-week = Measures the strength of the current trend)

 

Initial Margin $4,455

Maintenance Margin $4,050

First Notice Date: August 23

Last Trade Date: September 20

 

Technical Spotlight - Weekly Sugar (October)

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Technicals: The trend following system is Short

Buy Trigger: 17.77*

Sell Trigger: 16.71* June 17

Settle: 17.24

OTE Unrealized profit/Loss: $-593.60

 

Bias: Bearish / Neutral

Resistance: 17.22** , 17.67**

Support: 1654 - 16.46** , 16.15**

 

ADX: 32.34

(ADX 10-week = Measures the strength of the current trend)

 

Initial Margin $1,047

Maintenance Margin $952

First Notice Date: October 1

Last Trade Date: September 30

 

Technical Spotlight - Weekly Cotton (December)

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Technicals: The trend following system is Flat

Buy Trigger: 87.47*

Sell Trigger: 84.40*

Settle: 86.73

OTE Unrealized Profit/Loss: $00.00

 

Bias: Neutral

Resistance: 84.16** , 85.63**

Support: 81.53 - 81.36** , 80.03*

 

ADX: 36.43

(ADX 10-week = Measures the strength of the current trend)

 

Initial Margin $2,915

Maintenance Margin $2,650

First Notice Date: November 23

Last Trade Date: December 9

Fibers Softs

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