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Saturday, 17 November 2012

Coffee - ready for reversal

Coffee looks pretty bullish to me now (daily and weekly chart)!

Further softs:
Sugar: looks pretty bullish too
Cotton: more bullish
Orange juice: not there yet, expecting at least USD 80
Cocoa: more bearish
Lumber: bearish



3 comments:

  1. I just hope we are wrong :-)
    http://harmonicstube.blogspot.com/2012/12/coffee-butterfly-bullish-pattern.html


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  2. I hope we're right!! :) ... and i'm pretty sure the reversal is close ;)

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  3. yes, agree, we should be close ... if such pattern fails it fails BIGGGG
    http://harmonicstube.blogspot.com/2012/12/coffee-d1-harmonic-butterfly-bullish.html

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