SIGNAL TERMINATION – COFFEE SHORT – STOP LOSS
CA analysts today prematurely end the short analysis for Arabica coffee with minimal loss. They seem to have taken the floor for the growth fundamentals we mentioned at the end of last week. We will continue to monitor the market and wait for a suitable purchase opportunity.
ORIGINAL TEXT: Coffee short. The coffee market is currently characterized by a lack of strength from bull traders, which has resulted in a gradual weakening of this commodity. Reaching 120 cents a pound is not unrealistic.