Monthly Archives: December 2013

Coffee Finds Support

Coffee C futures (symbol: KC) find support at $1.0095/lb on 08Nov13. Reference our previous post of 18Oct13 recommending a trading range of $1.00-1.50/lb (http://murphycofutures.com/coffee-prices-exhausted/). Coffee prices have challenged and broken the minor downtrend line dating back to 4Q12.  Volatility continues

Posted in Ag/Softs, Coffee C, Uncategorized Tagged with: , , ,

US Natural Gas …… Early Stages of a Bull Market

Henry Hub Natural Gas (symbol: NG) is trading above the $4 level going into the 2013-14 winter season. We’ve witnessed natural gas futures trade a historic high of $15.65/MMBtu in Dec05, down to $1.902/MMBtu in Apr12. The Apr12 low likely

Posted in Energy, Natural Gas, Uncategorized

Silver … Where’s the Bottom?

Silver futures (symbol: SI) have experienced a large, yet choppy, sell off from its $49.82 high of Apr11. The movement down to $18.185 in Jun13 represents a 76% retracement, a common retracement target. The Jun13 retracement also tested, and failed

Posted in Metals, Silver, Uncategorized