Coffee spot price weekly chart

A major downtrend for coffee would be an understatement
Major downtrend for the price of coffee over the last three years.

Coffee 3 Year Weekly Chart

The 200-day simple moving average is a good approximation of the major downtrend for coffee. Reference my recent chart analysis for copper for another commodity that has seen better times.

The relatively low spot price for coffee is definitely not reflected in the price of your daily caffeine fix at Tim Hortons.

Updated News Articles

Brazil Drought Jolts Coffee ETNs — February 3, 2014


Note: Click on HOME for updated postings. This technical analysis is for educational purposes so you can learn to trade online using candlestick charts and other technical indicators including volume, moving averages and oscillators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stock or index.

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