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FinancialSphere
Jun 6, 2023 5:10 AM

Potential Selling Scenario for COFFEE Short

Coffee C FuturesICEUS

Description

Expecting bearishness for coffee the next weeks because of the seasonality, and market structure of the coffee futures chart
Comments
rahdigga
The impact of the coming El Nino weather pattern has people worried about supply. Technicals also have it making higher highs and lower lows. Supply issues could send it back to 200 possibly. Thoughts on Funditmentals?
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