Extreme pessimism in this market...could very well do a 360 and rally...Whichever way wait for confirmation.
Note
Big day for coffee on Friday ! Jumped the most in a year...Looking back over 30 years other times coffee has rebounded from a 52 week low led to modest gains throughout the month.
I will be positioning myself somewhere around here and hold for a month...or so.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.