Coffee appears to be trending down again, toward previous support at the 122.50 mark.
According to my new system, I will sell if it hits a 20 day low, and will buy back in on a 20 day high.
So we'll keep an eye out and see if coffee breaks down further.
Still long term bullish on coffee, but using our entry system we should be able to capture most of the upswings, while protecting ourselves on the downside.
Most Popular Articles This Month
The race is on to acquire gold bullion while the governments of the world unite to print money as fast as they can . But unfortunately all ...
Last May we covered a Financial Sense Newshour interview with Kirk Sorensen, founder of Flibe Energy - he made the case for little-known ele...
The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents. IF we returned to a gold standard, ...