Coffee price keeps the negativity – AnalysisCoffee price provided more negative closings by consolidating below 178.00 resistance, to start reacting to the major indicators by declining towards 159.40, expecting to continue forming negative crawl and attempt to touch 154.00, while breaking this obstacle will extend trades towards 147.10 to face the historical support that appears on the chart, assuring the importance of monitoring its behavior to manage to detect the next main trend.
Coffeesignal
Coffee (KC); Let's get ready to break out those SHORTs ...... Again. Wait for it, tough! Let the U$D bottom vs. the Real, first, this being a pure currency play on the USD/BRL. (Fundamentals don't matter here; The market is balanced, nothing is happening - despite the occasional make-belief news flashes to the contrary.)
Made an awful lot of money on the way up here ;-) and now, it's time to cash in on the upcoming sell-off.
COFFEE FUTURES (KC1!) DailyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
COFFEE FUTURES (KC1!) WeeklyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
COFFEE FUTURES (KC1!) MonthlyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.