Tuesday, March 8, 2022

Lumber May '22 LSK22

 

Lumber may be forming a double top with a bearish divergence. RSI and %R heading down. Very risky at this level especially for a low volume commodity.

KCK22 Coffee May '22

Looks like May Coffee found support at the 220 level, as it bounce back up nicely with the RSI and the %R confirming the move. Will we see new highs?