CatchThatKnife's  Instablog

Send Message
Swing Trading Commodity Spreads
My blog:
Catch That Knife
  • Is It Time To Short Coffee? 0 comments
    Sep 5, 2013 3:48 AM

    I've had my eye on a couple of coffee spreads over the last few weeks looking for a sight pullback.

    In that time we've seen continued weakness in the real, a Brazilian rate rise, Central Bank intervention and frost fears.

    However none of those factors have been able to get coffee (or the spreads) to really bounce.

    (click to enlarge)

    That makes me think that there is just a lot of weakness given the large amount of supply and potential supply.

    I'm looking to get short this spread and let it drift over the next few months.

Back To CatchThatKnife's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.