US Coffee - Near/Short Term Trend - Levels & Trading Strategy - 06 April 2015

US Coffee In Bottoming process??

The Calculations are based on 52 week Cycle 

Best Buy & support @ 166 (Current Res) Actual Resistance & Best Short Level @ 188.50, A break above 211 upside target capped @ 248 - 262 - 286, However below 143.50 its 122 violation of 120 will make way for 92

Now @ 141.18

Strategy

In the NearTerm, I recommend  risk appetite traders to take sell positions b/w 143.50 - 145.30 for target 130 - 123.5 with strict stops @ 146

Later Buy Coffee @  122 add more if get 120 for Short Term target of 166 - 188