MARKET

Coffee Market Chart for the Last Week (2024-09-09 to 2024-09-15)


The market was bouncing and banging last week like we were running around in the park! Towards the end of August the price was wagging its tail, but on August 27th it made a big jump, jumping from 255.80 to 256.80.
But then I guess I got a bit tired and during the first week of September I slowly went into nap mode and started to calm down.

But the week of September 9-15, it bounced back with energy, as if I was chasing my favorite ball! It started off at 235.90 and shot up to 258.25 by the end of the week, regaining its old energy with a sure step.
Especially on September 13th, it started at 249.65 and jumped all the way up to 259.55, wagging its tail in joy! There were a lot of signs this week, and it feels like the coffee market is coming back to life.
I imagine investors are excited, just like they're dreaming of getting rich quick at the park.

But the market, like dogs chasing a ball, is unpredictable and needs to be watched closely.
In any case, it's important to have fun this week, but also to be vigilant in watching the market!