Coffee About To Heat Up And Breakout?

Coffee About To Heat Up And Breakout?

Is Coffee about to perk up and rally? An important breakout test in a downtrend is near! This chart looks at Coffee on a weekly basis over the past 40-years. Four different times over the past few decades Coffee created multi-year falling channels. When Coffee...
Coffee About To Heat Up And Breakout?

Coffee About To Heat Up And Breakout?

Coffee has been anything but hot over the past 3-years, as it has declined nearly 50%. Is cold Coffee about to heat up? Possible in the short-term! This chart looks at Coffee futures over the past 16-years. The 50% decline is coffee has it testing its 2005 lows and...
Are Coffee Prices Primed For A Reversal Higher?

Are Coffee Prices Primed For A Reversal Higher?

Aside from the energy space, commodities have had trouble getting going. In particular, Coffee prices have taken it on the chin. But something good may be brewing in coffee land. Coffee is in a long-term downtrend but it’s short-term “trading” picture may be...
Soft Commodities Are Getting Bulls Attention!

Soft Commodities Are Getting Bulls Attention!

On Monday, we highlighted an important price pattern in the chart of the Thomson Reuters Equal-Weighted Commodities Index. Today, we’ll stick within that theme and look at two soft commodities trading setups:  Coffee and Sugar (futures). In both cases, we have charts...