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Friday, March 29, 2024

You Aboard These Breakouts In Coffee & Sugar?

Courtesy of Chris Kimble.

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Two weeks ago the Power of the Pattern shared that bullish opportunities were forming in two hard-hit commodity ETF’s. Above is an update of what these patterns look like 10-days after the original posts.

On 10/2 we shared this post; “Are Coffee Prices Primed For A Reversal Highs?” See post HERE

On 10/1 we shared this post; “Sour times about to end for Sugar after 50% decline?” See Post HERE

Below looks at the performance of Sugar, Coffee and the S&P 500 since the Commodity Posts were shared

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Over the past 10-days, Coffee and Sugar have made more than the S&P 500 has made this year.

If you are interested in bullish pattern opportunities in sectors and commodities, our Sectors/Commodities Sentiment Extremes report will be of interest to you!

To become a member of Kimble Charting Solutions, click here.

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