Today's interesting charts
Comment of the Day

January 19 2013

Commentary by Eoin Treacy

Today's interesting charts

Eoin Treacy's view Cotton – has returned to test the psychological 80¢ area. A sustained move above that level would suggest a return to demand dominance beyond the short term.

Sugar – has held a progression of lower rally highs since the 2011 peak near 35¢ and posted a new closing low yesterday. A clear upward dynamic will be required to question potential for additional lower to lateral ranging.

Arabic Coffee – pushed back above the 150¢ area to break the three–month progression of lower rally highs. A sustained move below that level would now be required to question potential for some additional upside.

Back to top