Coffee was mostly a little higher in quiet trading. Interest has left the market in many ways, as many feel prices are too low to sell short again, but there are few who see any reasons to buy for the longer term.
More buying in major stock indexes Tuesday gave the short-term trend a more positive flavor.
This is a market of relationships. The more we understand those relationships, the better we are prepared for the unknown.
Strong fundamentals move markets higher, but follow-through is an open question at this point.