The JO (coffee ETN) Active Long Swing Trade + Long-term Trade Idea has just hit the first price target, T1 at 32.77, for a gain of 5.7%. Consider booking partial or full profits and/or raising stops if holding out for T2 (current final target) or the potential 3rd target, which may be made official if the charts of JO & /KC (coffee futures) continue to firm up. Previous & updated daily charts below. Click first chart below to expand, then click on right arrow to advance to the next expanded chart. Multiple charts in a gallery format, as below, will not appear on email notifications.

Unlike equities, we don’t have to worry about scrubbing any of the agricultural commodities for their next earning report as we head into the peak of earnings season. /KC (coffee futures) continues to trade extremely well to the technicals with the breakout above the smaller bullish wedge that formed following the breakout above the larger/primary falling wedge pattern providing an objective & timely entry or add-on to an existing position & good for a 10% gain from that most recent buy signal so far. /KC has now rallied into the bottom of the 1.0684-1.0793 R zone where the odds for a reaction are likely before the next leg higher. Previous & updated 60-minute charts below (/KC was also highlighted as setting up in the smaller, more recent wedge with the next buy signal to come on a break above it in recent videos).