Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Coffee as featureless as is, there are quite a few on this board looking at cotton these days. Here we see the market pulling back exactly from the upper red dot in slight overbought condition. Sell point ? most definitely to me but with a tight stop above the highs. I would buy back scale down on multiple positions from 74.35 down to 73.15. A close below that would implicate other vulnerability.