Saturday 6 February 2016

Coffee

In the last 2 weeks we got a total number of 8,020 new short contracts opened for coffee and a net number of 4,276 old long contracts closed for this commodity.This means shorts are opening more and more contracts and longs closing more and more contracts for this commodity and as result I expect its price to drop soon.Also check my strategy to identify bullish and bearish turning points in commodities on my free website:http://futuresandoptions.wix.com/cotswingcharts

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