The linear regression
channel from the beginning of the year has finally been punctured on a closing basis. Additionally, today's reversal pullback serves to test the breakout area at the upper boundary. Classic expectation is for immediate resumption of breakout direction up. Parabolic SAR
dots and Klinger
oscillator both agree at this stage. Am of the opinion that coffee
could surprise with a crisply higher open Monday morning. Showing potential channel breakout and fork in context.