Thursday, January 10, 2013

Coffee analysis

$COFFEE - Chart Link - I had a request via a pm from a member to analyze coffee, here you go: the first chart shows a that coffee is getting close to a long term uptrend line from 2001. Some divergence in place via the RSI, MACD needs help - again this is a monthly chart, so it's gonna take a while to play out

$COFFEE - Chart Link - weekly chart, see the downtrend line and divergence

$COFFEE - Chart Link - daily chart

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