Tag Archives | coffee futures

Caffeine does a Portfolio Good

Coffee price are now off their May 2011 highs by 55% and just 26% above the lowest price we’ve seen in the past five years. Futures are trading just a dime or so above a key pivot point, at $125.00 (lower red line).  Here’s how to add coffee to your portfolio. After consolidating in a […]

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A cup of Morning Joe

Coffee has been one of the worst performing commodities YTD – good news for bears, bad for bulls! May futures are lower by 16%, challenging the lowest level traded since the summer of 2010. We all know that past performance is NOT indicative of future results, but coffee appreciated 125% in one year’s time after […]

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Coffee Bulls Have Upside Technical Momentum

March coffee futures are in a six-week-old uptrend on the daily bar chart and hit a fresh nine-week high of 136.00 cents on Wednesday. Coffee bulls do have upside near-term technical momentum and are looking for more on the upside in the near term. See, too, that the shorter-term moving averages I follow (9- and […]

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Coffee Futures Month End Adjustments

Coffee prices remained confined to a 150 point range on what amounted to an inside day Thursday. Traders processed the meaning of the previous two days, Tuesday reversal and Wednesday sharp gain. I expect funds to be supportive if not encouraged to add to their long positions on Friday… And yes, there is a part […]

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NYBOT Coffee Bulls Gain More Technical Momentum

September coffee futures on the New York Board of Trade on Monday hit a fresh 5.5-month high. The bulls have gained solid near-term technical momentum recently, having push prices above some strong technical resistance levels and working prices up from the July low. Prices are in a steepening uptrend from the early-July low. Bulls are […]

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Coffee Futures

Coffee Bulls Working on an Uptrend

July coffee futures at the New York Board of Trade this week hit a fresh three-month high of 118.40 cents. Prices have since moved into a “pause” mode, and this is not a bearish signal. Remember that markets tend to fluctuate between periods of higher volatility and periods of lower volatility. Coffee bulls have gained […]

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Jurgens Bauer’s Coffee Comments

As much as I am impressed by this market, I cannot help but wonder why London’s strength in Robusta didn’t contribute to a retest of the 118 level in NY’s July Arabica. Obviously they are two separate markets and two different commodities, but the two should be more than just cousins. When one leads the […]

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Coffee Futures

Coffee Trade Recommendation

Coffee has just bounced off of strong support this past week and now looks poised to resume the rally we saw in the 2nd half of 2006. On the weekly charts we have seen a number of indicators issue buy signals including ADX as shown on the chart below. You can also see that we […]

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Coffee Futures

Coffee Futures Trade Recommendation

Coffee has been pushing towards new highs for many weeks now. Technically coffee has recently broken out of a multi year consolidation which should open the door to a significant rally as we go forward. Brazil is reporting a sharp fall in production for the 2007-2008 crop and commodity funds continue to increase their long […]

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