Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Excellent morning comments Tango.
Not much to add. For me, intra-day, I am in a wait and see mindset. As the market continues to trade in the trading range (with brief spikes), we again find ourselves in the box. I would like to get a cue from the market as I think from here we could go either way. Would like to see some upwards retracing of yesterdays action.
12975, 13040, 13100 are the 38.1, 50 and 61.8% respectively.
Downside, the 12775 level is key support in agreement with Nagual.