Coffee at "grounds" level, a buy, 95 cents/pound December

6 ก.ย. 2019

Coffee price has declined the deep Fib retrace level and nested in the arms of the centerline of linear regression channel. Also a Schiff fork tine appropriately supports price here now. Downright dreadful wails of surplus, overproduction and crop abundance combined with currency fiasco provide a contrarian context for reversal propulsion surprise. To quote "Popeye the Sailorman", 'Thats all I can stands, I cant stands no more!'

6 ก.ย. 2019

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Game on! December coffee futures touched exactly 95 cents this morning and is so far the low of the day. Currently $ 0.95.50