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AntMwah
Jun 29, 2017 7:15 AM

Not quite bottomed Short

Coffee FuturesNYMEX

Description

I don't think we've yet seen the bottom here. The major support line tags the current price action sub $1.2, and the bollingers don't quite look right to signal the bottom. So although I will be going long here very soon and will be looking for a very big upward move, I will watch/stay short for now u til I see clear evidence of the floor emerge.
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