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MoneyballAustin
May 18, 2022 2:40 PM

COFFEE KC Supply And Demand Analysis 

Coffee C FuturesICEUS

Description

See picture for analysis

Evidence for Longs
Pros:
1) bullish with inflation
2) food shortages
3) potential storms going into summer which might kill coffee beans.
4) Trend = Uptrend so any longs will be trending.

Cons:
1) Price below + reacting off of the 200MA
2) hard to scalp on lower timeframes + commissions/ swaps can be high.
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