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Tuesday, May 02, 2006

Orange Crush!

Orange crush! The commodity bull market is alive and well in the Orange Juice futures market, as a flurry of speculative buying hit the market. No new fundamental news could be found for today's gain, but technical traders noted that the July contract broke-out to the upside of a symmetrical triangle formation last Friday. This is a bullish signal, which spurred further buying by momentum traders. Read More....