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Coffee Futures—Coffee futures in the May contract is slightly lower this Wednesday afternoon in New York down 35 points at 125.25 a pound breaking a 5 day winning streak as prices are still hovering right at a 2 1/2 month high. Coffee prices are trading above their 20 & 100 day moving average as the 100 level held once again…
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Coffee Futures—Coffee futures in the May contract is currently trading higher by 185 points at 109.25 as I had been recommending a bullish position from around the 112.00 level as it is time to exit and take the small loss as there is sheer panic in the commodity markets as I don’t want to be bullish any sector at this…
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