Breakfast Report - Cocoa Sugar Coffee OJ - Flyover Tuesday

Softs Technical Report

“Actionable Trading Ideas that help you stay ahead of the markets"

Cocoa (July)***NEW POSITION***

Technicals: The trend trading system triggered a buy on the July and September contracts. The buy on July was at 2462 with a sell trigger down at 2304

Note: Generally for the best signals you want to see the market open higher in the session following the signal.

Settle: 2462

OTE Unrealized Profit/Loss: $0.00

Last Trade: Short closed out on April 6th $4080 gain

Bias: Bullish/Neutral

Previous Session Bias: Bullish/Neutral

Resistance: ***2479 (200 EXPMA) **** 2519 (Low from March 9th)

(EXPMA = Exponential Moving Average)

Pivot: 2296**** Parabolic stop and reversal

Support: 2310 (Low from April 27th)***, 2215 (Low from April 15)

*Watch the 2425 breakout point (occurred May 11th)

ADX: 15.93

(ADX 14-day =Measures the strength of the current trend)

200 EXPMA: 2479

ATR = Average true range = 57

Technical Spotlight

Sugar (July)

Technicals: A buy trigger was hit at 10.78 taking the system long. The sell stop is a close below 9.54

Last trade: Short closed out on 5/1 for $3852.80 gain

Settle:10.12

OTE Unrealized Profit/Loss: $-739.20

Bias: Bullish/Neutral

Previous Session Bias:Neutral

Resistance:10.75(40 EXPMA)*** , 11.01****(High from May 1st)

(EXPMA = Exponential Moving Average)

Pivot: 9.71**** Parabolic stop and reversal

Support: 9.21*** (Long term support) ****8.75 (long term support)

ADX: 18.84

(ADX 14-day = Measures the strength of the current trend)

200 EXPMA: 12.48

ATR = Average true range = 0.39

Technical Spotlight

Coffee (July)

Technicals: The Trend Trading system is on the sidelines Sell triggers at 103.16 and buy triggers at *116.79 Settle:110.75 OTE Unrealized Profit/Loss: $0.00 Bias: Neutral Previous Session Bias: Neutral

Resistance: 115.10 (200 EXPMA)***, 122.60 (April 9th high)**** (EXPMA = Exponential Moving Average) Pivot: 104.17*** Parabolic stop and reversal Support: 103.99 (April 27th low)**** 103.05 ( March 17th low)

ADX: 24.58 (ADX 14-day = Measures the strength of the current trend) 200 EXPMA: 115.10 ATR = Average true range = 3.82

If your going to play this market, it is somewhat choppy and (for example) the Average True Range has been as high as 6.85. This means that on the average day the market should move 6.85 X $375 = $2568.75 so be careful. Technical Spotlight

Orange Juice (July)

Technicals: The Trend Trading system established a Long on March 20th at 105.60 and the sell stop is at 112.14

Settle:115.55

OTE Unrealized Profit/Loss: $1492.50

Bias: Bullish/Neutral

Previous Session Bias: Bullish/Neutral

Resistance: 121.05 (Recent Swing High) **** DOUBLE TOP ON THE CHARTS- TRAIL STOPS!

(EXPMA = Exponential Moving Average)

Pivot:114.02**** Parabolic stop and reversal

Support: 110.99*** (200 EXPMA) ****104.60 (Critical support level)

ADX: 40.48

(ADX 14-day = Measures the strength of the current trend)

200 EXPMA: 110.99

ATR = Average true range = 3.19

Technical Spotlight

Good luck and good trading, Phillip Streible Chief Market Strategist 312-858-7303 Phil@Bluelinefutures.com Follow us on Twitter:@BlueLineFutures Follow us on Facebook: Blue Line Futures Facebook page Subscribe to our YouTube channel: Blue Line Futures YouTube channel

If you have any questions about markets, trading, or opening an account please let us know! You can email us at info@BlueLineFutures.com or call 312-278-0500 BlueLineFutures.com Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.