by SITM | May 22, 2024 | Andrew Baraniak, Commodities, General Newsletter, No_index
Coffee Break The main constituents of the soft commodities sector are Sugar, Cocoa, Coffee and Cotton. From the charts it’s apparent that strong moves in one of these markets often coincide with strong moves in at least one of the others. This year so far Cocoa has...
by SITM | Apr 24, 2024 | General Newsletter, Gus Hingeley, No_index
A Currency and WOW! A follow up on Bitcoin (BTC) from last month’s article, BTC has put in a failed weekly swing up and now at present has put in an expanding weekly swing down. This is very characteristic of a market that is getting set to do more to the downside....
by SITM | Apr 24, 2024 | Andrew Baraniak, General Newsletter, No_index
Cocoa Part 3 The run of the Cocoa bull continues and as at the time of writing, the Cocoa futures market sits at a high of $11,722 USD per metric tonne. This is more than quintuple the value of the last major low in September of 2022. This is shown below in the...
by SITM | Apr 24, 2024 | Aaron Lynch, General Newsletter, No_index
Short, Sharp, Profitable This month has really flown for me as we close in on Anzac Day in Australia, a time of year where we reflect on service in our nation’s history. For me it always has acted as a prompt to review the year to date. Maybe its like a term 1 report...
