peterbokma

COFFEE- SEL strategy

Short
ICEUS:KC1!   Coffee C Futures
It is taking some time, but still feel that we should go further south.
we have regression channel support around $ 220. The S/H/S top patter seems clear, and the DMI is slowly turning to sell mode.

Strategy SELL $ 227-230 with stop-loss tight at $ 235. profit expectation is $ 187.

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