In the last week we had a huge number of new long contracts opened for coffee(9,318 contracts) while only new 1,157 short contracts were opened for this commodity.This means that 8 times more new long contracts were opened than new short contracts.This is very bullish and coffee price is expected to rise soon.Check my softsandgrains2015 charts on my free websites:http://cotreportfreeswingcharts.my-free.website and http://futuresandoptions.wix.com/cotswingcharts and http://afaria32.wix.com/cotcharts and http://cotswingcharts.wix.com/freecotcharts
No comments:
Post a Comment