YTD here is how asset classes are performing coffee has been the worst performer in 2015.Today it just broke down below the potential base it had been forming for the last few months.
However if we look at things on a larger scale coffee has now given all of 2014’s move back however this 120 area was the breakout area from 2014 can it act as support here?
While Starbucks keep making new high, keep your eyes out for a change in coffee if the 120 level is defended it may have in impact on companies with price sensitivity to coffee.
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