The Single Best Commodity Play of 2013?
Big money is going long on coffee with expectations that prices will rebound next year.
Weekly, Hourly, and Seasonal Chart of JO, the Coffee Exchange-Traded Fund
The top weekly chart shows my price targets for 2013 while the lower hourly chart shows strong on balance volume, which means that big money is slowly building a long position in coffee. The small white chart is the seasonal chart of coffee futures, showing prices historically rise from January to March; then there is a correction followed by another rally into May.
Coffee prices are still in a downtrend, but it looks as though the end is near. If played properly, it could provide up to 100% return on your capital in 2013.
Coffee Futures Monthly Long-Term Chart
This chart gives you a bird's eye view on where coffee prices are trading in the big picture scheme of things.
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