June 9, 2025
Commodity Futures Weekly Newsletter- For the week of June 9th, 2025
Coffee futures could be setting up for next leg down. Resistance remains firm.
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A publication by the Research Team at Capital Trading Group: 800-238-2610
Softs
Coffee Futures
Coffee Futures setting up for next leg down.
Coffee Futures continued lower this week to 336.50, then bounced higher closing at 357.45. As before, until we see a Daily close above Resistance at 418.90, a second A,B,C decline to come continues to remain the forecast. With Wave A downward complete, Wave B upward is in motion.
418.90 remains firm Resistance, lower Resistance to 401.30
The Wave X high of 418.90 remains unchallenged as Resistance for further declines. As it holds, a potential “double” zig zag is the view for more even more downside pressure. With RSI at 46.12, bearish momentum has stayed below the midpoint again this week. Continue to favor the next A,B,C decline to below 323.90 in motion. Only a Daily close above 418.90 would change the outlook. We can lower Resistance from 418.90 at the Wave X high, down to 401.30. This would be a 78.6% Fibonacci retracement, .786, of the decline of Wave A in Wave B’s upward correction.
Conclusion
Continue to favor more downside from below 418.90 to reach beneath 323.90. While prices remain below lowered resistance at 401.30, prices falling below this week’s low of 336.50 would indicate the next leg down was underway.
For complete strategies in Futures and Option pricing to potentially capitalize on this analysis, call 800- 238-2610 to speak to a registered broker with Capital Trading Group or request more information on how to get started via email sent to info@capitaltradinggroup.com.
Thank you!
Trading advice given in this communication, if any, is based on information taken from trades and statistical services and other sources that we believe are reliable. The author does not guarantee that such information is accurate or complete and it should not be
relied upon as such. Trading advice reflects the author’s good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice the author provides will result in profitable trades. There is risk of loss in all futures and
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