Coffee Prices Down 6th Day In A Row

04 Oct in Blog, coffee futures, commodity trading, cotton futures, futures trading, Mike Seery, orange juice futures, seeryfutures, sugar futures

Coffee Futures--- Coffee futures in the December contract are trading lower for the 6th consecutive trading session down about 30 points at 125.15 a pound as I'm currently sitting on the sidelines, but I do think prices could retest the June 22nd low of 119.10 in the coming days ahead as I will be interested in a possible bullish position as I've talked about in many previous blogs I will not go short as I think prices are limited to the downside.<

Full text available to Mike's Coffee Shop Members only.

 

Register Now to get access today!

Home  | Privacy Notice | Risk Disclosure | Contact Us

Trading Futures and Options on Futures transactions 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. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Past performance is not necessarily indicative of future results.

Trading results obtained by a client while trading a demo account may not be indicative of the results obtained
when trading a live account due to the fact that trades are not sent to a regulated exchange but they are sent
to a simulated off-exchange server.

© 2017. Seery Futures. All Rights Reserved.