Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
fact that you point out make current situation on KC interesting.
Also it seems that KC is moving differently than other softs recently.
There are some short term risks for KC price on these levels, considering we have no weather issues right now or in foreseeable future.
What do you think was behind that spike today and the correction down later today?
Cocoa seems to be in bearish trend again, but coffee looks still bullish.. what is technical chart telling you?
I am generally bullish on coffee but I am a little bit concerned about short term overbought situation.