Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Anybody got a strong opinion here? The negative divergence on the 90 minute and the daily chart is very strong. Can't be ignored. It is the most reliable tool in the technical arsenal. Lots of bulls on the CTF. Hard to ignore those intermediary inventories, Nam's next crop, Brazil's 17-18 crop and all the peripheral producers with higher production. A few weeks some were talking about how the trade would try to talk the market up.