Sure coffee will drop massively if unable to break 215Sure coffee will drop massively if unable to break 215 this time
COFFEE - Wide Awake Hi all,
I am here again to give you something valuable:)
Observed the coffee future chart which is trading in the multi year resistance zone. This is the fourth time now that it is into that zone and owing to increase in the prices of other commodities it may break the resistance this time.
Sto
BEARISH ON US COFFEEBearish clues:
- Coffee price have bounced off bearish channel resistance
- The hourly uptrend line has been broke
- Candlestick shows indecision at the top and the strength of the sellers
Objective:
Coffee could decrease to the 148.000 US level, which corresponds to a strong support zone, an
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KTN2024
Coffee Futures (Jul 2024)KTU2024
Coffee Futures (Sep 2024)KTZ2024
Coffee Futures (Dec 2024)KTH2025
Coffee Futures (Mar 2025)KTK2025
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Coffee Futures (Jul 2025)KTU2025
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Coffee Futures (Dec 2025)KTH2026
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Coffee Futures (May 2026)KT1!
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Frequently Asked Questions
The nearest expiration date for Coffee Futures (May 2024) is Apr 19, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Coffee Futures (May 2024) before Apr 19, 2024.