US Softs
September Cocoa
“YOURS” Base support broken, looking like a strong downtrend.
December Cotton
Nice bounce to retest the resistance and provide a more sensible bear trendline. Immediate support at 57 then 54. Looks weak.
September Coffee
Price action being squeezed, looking for a break out in either direction.
September Orange Juice
Shallow downtrend, sitting on support at 87., looking for a break above 90.
October #11 Sugar
Big wedge squeezing the price action, tending to the upside but no clear direction. 6.5 for bear, 7.5 for bull.
September Cocoa
![ccu3215.gif](/proxy.php?image=http%3A%2F%2Fwww.theblindsquirrel.com%2Fcbot%2Fccu3215.gif&hash=88568f00ad43c88aa7b3059e69dd7f2c)
“YOURS” Base support broken, looking like a strong downtrend.
December Cotton
![ctz3215.gif](/proxy.php?image=http%3A%2F%2Fwww.theblindsquirrel.com%2Fcbot%2Fctz3215.gif&hash=eb26104e9fd400cdddbd9034f712bc49)
Nice bounce to retest the resistance and provide a more sensible bear trendline. Immediate support at 57 then 54. Looks weak.
September Coffee
![kcu3215.gif](/proxy.php?image=http%3A%2F%2Fwww.theblindsquirrel.com%2Fcbot%2Fkcu3215.gif&hash=1657f7ecf290869f5fe05ea9768f7f05)
Price action being squeezed, looking for a break out in either direction.
September Orange Juice
![oju3215.gif](/proxy.php?image=http%3A%2F%2Fwww.theblindsquirrel.com%2Fcbot%2Foju3215.gif&hash=1da40585d7b559b74f1ae39f157d0e8f)
Shallow downtrend, sitting on support at 87., looking for a break above 90.
October #11 Sugar
![sbv3215.gif](/proxy.php?image=http%3A%2F%2Fwww.theblindsquirrel.com%2Fcbot%2Fsbv3215.gif&hash=7ff0ab979f9261be6e4126663e4e8e9e)
Big wedge squeezing the price action, tending to the upside but no clear direction. 6.5 for bear, 7.5 for bull.