After failing right under the expected resistance (see our last OJ analysis) around 145, FCOJ could not find enough juice to squeeze above the resistance. A sudden fallout got the future on the 130 support zone. So, what now ? ....

At last ! Orange Juice hit bottom on 120 and bounced, finally confirming our last analysis ! Juice breaks out 135 and should now aim more interesting levels... Don't peel your position now, some extra portions are to be served soon !

Coffee has lost more than 20% since the beginning of 2007 and hit a bottom on $1.04 level. It bounced back to $1.18 but the trend remains the same : bearish. Coffee will probably need Mr Clooney's help to catch a new trend up... What else ?

Orange Juice is on a south downtrend and quotes seem to lead the OJ Future directly back to Florida. Watch the 140 cts and 146 cts levels for any reversal. The bear target for now might well be the 120 cts level...

The Sequoia Trading Club website might turn towards Commodities Technical analysis in English as French Stocks trading and analysis has moved to my new site, lavoiedutrade.com.
For today, I turn to Sugar #11 again and post a "WATCH for buying analysis".

Pour qui a vu le bon vieux film "LE SUCRE" avec Jean Carmet, Gérard Depardieu et Michel Piccoli, la réplique de R. Barkhaoui "Je prends, je prends, je prends" évoque la spéculation sucrière de 1973.
2006 est l'année où le secteur des matières premières est revenu sur la scène internationale. Après une forte hausse de l'or, la fameuse relique barbare chère à Keynes, et du pétrole de 30 à 75$ le baril !) sur fonds de tensions internationales (grèves vénézuéliennes, ouragans, Irak, Iran...) tout le secteur des matières premières, tant énergétiques que métalliques ou agricoles s'est enflammé. Bulle spéculative ?