December coffee (KCZ26) futures present a buying opportunity on more price strength.
See on the daily bar chart for December coffee futures that prices are in an uptrend and have just hit a nine-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture, as the blue MACD line has crossed above the red trigger line and both lines are trending higher. Bulls have the near-term technical advantage.
Coffee Prices Soar as Supplies Tighten
Corn, Soybean Traders Get Price-Bullish Pro Farmer Crop Tour
Cocoa Prices Fall as Supply Concerns Ease
#prices #december #macd
See on the daily bar chart for December coffee futures that prices are in an uptrend and have just hit a nine-week high. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture, as the blue MACD line has crossed above the red trigger line and both lines are trending higher. Bulls have the near-term technical advantage.
Coffee Prices Soar as Supplies Tighten
Corn, Soybean Traders Get Price-Bullish Pro Farmer Crop Tour
Cocoa Prices Fall as Supply Concerns Ease
#prices #december #macd
2 months ago
