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In the 1 month time horizon, coffee has a bearish forecast with a signal of 69.21 and a predictability of 0.46. The tech giant has a slightly stronger signal of 229.25 in the 3 month forecast and a more confident predictability of 0.49. In fact, coffee is the most bearish forecast of the 51 commodities tracked and has daily predictions for. This indicates that there will be a severe price correction for this commodity and now is the time to sell the corresponding ETF, michael kors bedford duty free the iPath DJ UBS Coffee Subindex Total Return SM Index ETN.
Business michael michael kors handbag bedford ostrich tote brown disclosure: I Know First Research is the analytic branch of I Know First, a financial startup company that specializes in quantitatively predicting the stock market. Joshua Martin, one of our interns, wrote this article. We did not receive compensation for this article (other than from michael kors extra large bedford bowling satchel photos Seeking Alpha), and we have no business relationship with any company whose stock is mentioned in michael kors fulton medium shoulder bag black factory this article.
Source: Commodities Forecast: Coffee Reaching Tipping Point
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in michael kors jet set metallic this article. (More.)?Coimbatore's train passengers carry on with their travel plans
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