Are Orange Juice Prices Headed Higher ?

29 Sep in Blog, Cocoa futures, coffee futures trading, commodity trading, cotton futures, lumber futures, Michael Seery, orange juice futures, Seery, sugar futures

Orange Juice Futures--- Orange juice futures in the November contract for the week were down around 1000 points right near fresh four week lows after climbing to contract highs at 130 just a couple weeks ago prices have fallen out of bed and now retesting the bottom side of the chart with major support around the 105 area which in my opinion I think it will hold, however with hurricane season not affecting any of the growing areas in Florida you could be looking at a solid orange juice harvest this year. In my opinion I believe orange juices can remain in choppy for the next couple of months and I still recommend traders have no position in this market because of the fact that you want to focus on markets that are trending and orange juice has been very choppy and choppy markets are very difficult to make any money. Keep an eye on the orange juice market but at this point in time I have no recommendation. Orange juice futures can become extremely volatile even from the drop from 130 all the way down the 115 is almost $2,300 on one contract so remember to always use stop losses because there is always risk involved in any trade that you place. If you are looking for a futures broker feel free to contact Michael Seery at 800-615-7649 and he will be more than happy to help you with your trading.

There is a substantial risk of loss in futures, futures option and forex trading. Furthermore, Seery Futures is not responsible for the accuracy of the information contained on linked sites.

Home  | Privacy Notice | Risk Disclosure | Contact Us

Trading Futures and Options on Futures transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Past performance is not necessarily indicative of future results.

Trading results obtained by a client while trading a demo account may not be indicative of the results obtained
when trading a live account due to the fact that trades are not sent to a regulated exchange but they are sent
to a simulated off-exchange server.

© 2017. Seery Futures. All Rights Reserved.