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Coffee Reverses At The Bottom Of Its Trading Range

Coffee Reverses At The Bottom Of Its Trading Range

October 9, 2017

On Thursday, October 5 the price of ICE coffee futures fell to a marginal new low and rallied to close above the previous session’s high putting in a bullish key reversal trading pattern on the daily chart. In my latest piece for Seeking Alpha, I explain why the rejection of the lows in the coffee futures market could set the stage for a rally back to the upper end of its trading range and suggest a market vehicle for those who do not wish to trade in the futures arena.

Article: Coffee Reverses At The Bottom Of Its Trading Range

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