Caffeine Rush! | Coffee Futures - Short Idea for JO
Updated
Taking a page from Lumber futures back in May, coffee is the latest commodity to party like it's tech circa '99. I don't trade the "softs," but I did find a coffee ETN symbol: JO and may look to fade the caffeine rush when the extreme sell condition cools off. Hot coffee! DOn't get burned. :)
Note
No entry or signal yet for JO. Coffee Futures (KC) are staying bid and making new daily highs.
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