Orange Juice futures rally, issue another buy signal

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Orange Juice futures rallied today as the U.S. dollar...
Trading commodity futures and options 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.

Orange Juice futures rallied today (5/24) as the U.S. dollar index declined. This move higher gives me a fresh buy signal for July O.J. futures on the daily chart marking the third buy signal since the trend changed to the upside. After giving a counter trend buy signal on the weekly chart at the end of April the trend has changed to the upside on the weekly chart. Orange juice is also showing a buy signal so far this month on the monthly chart. Call me for trade set-ups at (312) 277-0112 FREE subscription to the daily Larry Baer's Charts and Set-ups Newsletter: http://www.zaner.com/3.0/lbaer2.asp Larry Baer's Options & Futures Trading Strategies weblog: http://larrybaer.com SEE CHART Call me for details and trade set-ups at (312) 277-0112 or toll free at 888-281-4161 or email: Lbaer@Zaner.com To review what I consider a “buy signal” watch Larry Baer's Traditional Trending Strategy video: http://www.youtube.com/watch?v=iro7sFQRG5k

Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.
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