Coffee Contract
1 – Major 2P line from 5-23 to 8-31
2 – Market too weak to rise to 2P line and the 7-30 ML 8-31/10-1
3 – The 8-31 ML 10-1/11-13 points down steeply as does the 9-17 Schiff ML 10-31
4 – Probability is for lower prices than at 132 on 10-1
5 – Note the 5P’s up from 10-29 to 11-13 before a price reversal |
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