Commodity Kid :
Analyzing Wave counts in the futures markets.
Monday, March 24, 2014
Coffee… correcting in a w2
Coffee retracing perfectly… (see 3/15 post)
Coffee is getting very close to my first target around 162.50-163.00 and I will be taking profits on my short position. The correction appears to be setting up for a bottom and I will be looking to move back to the long side. Watching for now.
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