US Coffee - 30/07/2013

ICEUSA:KC1!   Coffee
206 2 0
Divergence on Weekly chart.
Short term can go lower but Middle term will bounce.
RSI is increasing / Price is decreasing.
Getting cheap eh?

I'll be waiting on the Coffee. There is a coffee plant eating bug that is spreading all across South America. Little bit more basing and rising RSI this might be a perfect trade next year.
Stoffel Joshua Polluck
I don't say it is cheap..what is the value of something, can be discussed about. I also didn't open any position yet..also wait.
Didn't heard from this bug yet...I like those bugs ;-).
I don't think we'll have to wait till next year to open a trade...
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