Coffee Traders' Forum - A Discussion about Coffee Futures Trading

Coffee Traders Discussion Forum

Coffee Traders' Forum

Daily cycle

The present daily cycle is a high one within August 2nd-8th. Until now the high is the one made today so far of 14375 which is very near of the weekly resistance of 14390 and the 20 month ma of 14420.
Once this cycle is confirmed, the next daily cycle is within August 11th-17th.
FND for september contract is August 23rd.