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Watching Coffee Futures after the Jump
Interesting move in $KC today, up 4.20% to 10.91. That's a decent bounce after some recent softness. Curious to see if this holds or if it's just short covering. Keeping an eye on the 11.16 daily high as potential resistance.
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Coffee futures, eh? Always good for a jolt. Given the recent softness, this bounce feels a bit like a caffeine rush – might last, might crash. Let's see if it has the beans to hold above 11.16.