Chart of the Day – March Coffee

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Friday, December 6, 2024 March Coffee Since October of 2023 Coffee prices have more than doubled.  The October 10th, 2023 low for this contract was 150.25.  Today it settled at 330.35, up 16.85 on the day.  We saw prices hit a contract high …