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STIADAYSOFPAST

COFFEE ARABICA (BKC)

Long
Dow Jones Commodity Index Coffee (DJ:DJCIKC)  
STIADAYSOFPAST Updated   
DJ:DJCIKC   Dow Jones Commodity Index Coffee
Coffee arabica
10
0
coffee arabica
• Entry at completion of Batt pattern @127.27
• Double bottom formation at batt completion price further supports bullish signal.
• Fundamentals support long term bullish position due to draught concerns, similar to 2016:

www.bloomberg.com/ne...017-commodity-winner
Comment:
Comment:
- Same as last week
- Expecting prices to complete Bat pattern. Entry price @ 127.21
- The CD leg is a pennant
snapshot
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