rounded corner
rounded corner
top border


Bookmark and Share


EMOTION is your enemy more than any market will ever be.

IS COFFEE UNDER 104.00 A GOOD THING? This week in my newsletter I suggested it could test 104.00. It not only tested it but is now below that level. About time. Why?

For the last three weeks it had been holding around 105.00 but couldnt get anything going in terms of a serious rally. And maybe theres a reason.

Since late 2019 coffee has seemed to like going under 104.00 before bottoming and getting serious about a rally. When it was trying to hold at 105.00 recently, the best it could do was an 8.00 point rally. But not so when it reaches down to 103.00 to 102.00.

In both Feb. and Mar. of this year it did just that and then both times it handed up rallies equally 22.00 and 26.00 points respectively. And then in Oct. 2019 it did even better. It sold off to 100.00 (ouch) but then had a rally of 46.00 points.

Im not saying we will get a repeat but I am saying it has been a pattern recently so if the selling continues down to 103.00 to 102.00 (as it appears to be) it may not be such a bad thing after all. And maybe that is where coffee will get serious about a bottom and hand us another good rally.

For follow up and more detail on all the markets, sign up for my free newsletter and receive it via email. To sign up go to: Or contact me directly by email or phone (see below).

Judy Crawford

Senior Broker

Zaner Group


Trading commodity futures and options involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. Opinions are subject to change at any time and are a solicitation or recommendation to buy or sell futures contracts or options on futures contracts. The information contained in this message has been obtained from sources believed to be reliable but is not guaranteed as to its accuracy or completeness. All known news and events have already been factored into the price of the underlying commodities discussed.

Recent articles from this author

About the author

Trading is not easy. The two major comments I hear from traders is the lack of basic information from their broker to help them trade and that their broker does not spend enough time with them. In my thirty years of working with traders, I have seen all the common patterns that lead to trading failure. So my goal is to help my clients understand what they are doing, give them the information they need and the time they require. Even experienced traders need this. My strongest asset to you is my willingness to help and my experience.

If you do not have time to follow the markets, I do that for you too. My free Market Update gives trading suggestions as well as the technical reasons why. Emailed for timely receipt, you know what is going on while I do the work for you. By becoming my client, you will soon enjoy the convenience and continuity of service that every trader deserves. Join me today!

Toll Free Number:  888-301-8120; 312-277-0133.

BACKGROUND ... Thirty years experience as a commodity broker has given me an insight into the needs of traders that only comes with experience. Originally from Minnesota, I started my career as a stockbroker in New York but moved to Chicago, the center for the commodity industry. I have found that no matter where a client lives in the world, all traders have the same needs.

Published by Barchart
Home  •  Charts & Quotes  •  Commentary  •  Authors  •  Education  •  Broker Search  •  Trading Tools  •  Help  •  Contact  •  Advertise With Us  •  Commodities
Markets: Currencies  •   Energies  •   Financials  •   Grains  •   Indices  •   Meats  •   Metals  •   Softs

The information contained on is believed to be accurate but is not guaranteed. Market data is furnished on an exchange delayed basis by Data transmission or omissions shall not be made the basis for any claim, demand or cause for action. No information on the site, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options contracts. is not a broker, nor does it have an affiliation with any broker.

Copyright ©2005-2020, a product. All rights reserved.

About Us  •   Sitemap  •   Terms of Use  •   Privacy Policy