ICE: KC COFFEE C Futures Price Long Term Forecast, SELL(Short) - Commodity Trading Today

Coffee prices are likely to decline over the long term.
It has not risen from a very important support line. It tells us that the coffee market is very weak.

If the estimate that coffee prices will fall is correct, the first support line will likely be around 85.05, and the second support line will be around 60.25

COFFEE C Futures Price Forecast and Trading (ICE:KC):
 Long Term SELL(Short) 

Eentry Price  above 108.3 
1st Target Price  85.05  (+23.25pt,  +21.47%) 
2nd Target Price  60.25  (+48.05pt,  +44.37%)
Stoploss Price  112.85  (-4.55pt,  -4.2%)

[Coffee price monthly chart, ICE: KC]
COFFEE C Futures Price Long Term Forecast (ICE:KC) - SELL(Short)
Reference Only. If you are looking for a reference for real trading, this may be the right place. I hope you do not copy, but hope you get your own better strategy by referring to the above and make a good trading.