Posted by pugsma on January 17, 2018
1:10 pm EST: On the 4-hr chart, JO could be forming a short-term double bottom at 14.77 with target of 18.55 on a break above 16.66. This in turn could be setting a large Inverse Head and Shoulders (ISH) bottom with an intermediate-term target near 24.19 on break above 18.81.
JO 4-hr chart:
JO weekly chart:
Posted in JO, Premium | Tagged: JO Technical Analysis | Comments Off on January 17th, 2018: JO (Coffee) Chart Update
Posted by pugsma on January 8, 2018
1:05 pm EST: Soft commodities like Grains (JJG) and Coffee (JO) are setting up for a potential cycle degree bottom from a bullish falling wedge pattern on the weekly charts. This could be a potentially good set-up for a multi-year bull run.
JJG Weekly Chart:
JO Weekly Chart:
Posted in JJG, JO, Premium | Tagged: JJG Technical Analysis, JO Technical Analysis | Comments Off on January 8th, 2018: JJG (Grains) and JO (Coffee) Week Chart Update
Posted by pugsma on December 21, 2017
1:40 pm EST: Soft commodities like US Grains (JJG ETF) and Coffee (JO ETF) have been in a sustained down-trend for nearly 6 years. Both ETF’s on a weekly chart show a potential bullish falling wedge pattern with a building positive divergence on the MACD. The typical bullish falling wedge 78% Fibonacci retracement upside targets are at 46.17 (JJG) and 36.51 (JO). This represents a potential 91% return in JJG and a 149% return in JO over the next 1 to 2 years.
JJG Weekly Chart:
JO Weekly Chart:
Posted in Add-On Service, JJG, JO | Tagged: JJG Technical Analysis, JO Technical Analysis | Comments Off on December 21st, 2017: JJG and JO Weekly Charts Update
Posted by pugsma on June 1, 2017
JO Weekly Chart:
Posted in Add-On Service, JO | Tagged: JO Technical Analysis | Comments Off on June 1st, 2017: JO (Coffee) Weekly Chart
Posted by pugsma on February 14, 2017
JO Weekly Chart:
Posted in Add-On Service, JO | Tagged: JO Technical Analysis | Comments Off on February 14th, 2017: JO (Coffee) Weekly Chart Update
Posted by pugsma on December 14, 2016
11:30 am EST: The JO weekly price chart is showing a potential Inverse Head and Shoulders (IHS) bottom with head at 17.00, neckline at 26.21, and a target of 26.21 + (26.21-17.00) = 35.42. Also there is 50-week SMA and weekly pivot support at 20.37. Finally the 20.48 level is a 62% Fibonacci retracement from the recent high of 26.21.
JO Weekly:
Posted in JO | Tagged: JO Technical Analysis | Comments Off on December 14th, 2016: JO (Coffee) Weekly Chart
Posted by pugsma on July 15, 2016
CORN Weekly:
WEAT Weekly:
JJG Weekly:
JO Weekly:
Posted in CORN, JJG, JO, WEAT | Comments Off on July 15th, 2016: CORN, WEAT, JJG and JO Chart Update
Posted by pugsma on June 8, 2016
Looks like the US Grains have broken out and are nearing the my IT targets set back in late 2015.
CORN Weekly:
WEAT Weakly:
JJG Weekly:
JO Weekly:
Posted in CORN, JJG, JO, WEAT | Comments Off on June 8th, 2016: US Grain (CORN, WEAT, JJG) Chart Update
Posted by pugsma on February 1, 2016
CORN Weekly:
WEAT Weekly:
JJG Weekly:
JO Weekly:
Posted in CORN, JJG, JO, WEAT | Comments Off on February 1st, 2016: CORN, WEAT, JJG and JO Chart Update
Posted by pugsma on January 1, 2016
6:30 pm EST: The updated weekly chart for US Grains (CORN, WEAT, JJG) and Coffee (JO) are below.
CORN Weekly (12-31-15 EOD):
WEAT Weekly (12-31-15 EOD):
JJG Weekly (12-31-15 EOD):
JO Weekly (12-31-15 EOD):
Posted in CORN, JJG, JO, WEAT | Comments Off on January 1st, 2016: CORN, WEAT, JJG, and JO Charts
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