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Hi Andrei, I'm not that bullish anymore on Coffee. It ran its course and I exited around 190. A bit too early but I was worried about the extreme bullishness. It also hit the broken channel resistance which makes me think that we may get a very deep correction from here. I will post something tonight.
Hi Bouraq, any thoughts on coffee?
ReplyDeleteHi Andrei,
ReplyDeleteI'm not that bullish anymore on Coffee. It ran its course and I exited around 190. A bit too early but I was worried about the extreme bullishness. It also hit the broken channel resistance which makes me think that we may get a very deep correction from here. I will post something tonight.
Hi Bouraq
ReplyDeleteI'd guess this is the 5 trying to get to the missed upper bb's. I forgot that 4's can take several days to unfold.
Yes Rob it's coming quite strong but it needs to break over 1875 to convince me that it will make one more all time high.
ReplyDelete