Sunday, August 29, 2021

KCZ21 Coffee Dec '21

 

After a brief correction from recent highs the December contract for Coffee broke through short term resistance of 190.00 on Friday on good volume.

As shown by the moving averages and the upward sloping trend line coffee is in bull mode. The DI's and the RSI are confirming the move.

Will we get back up to the recent highs?

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