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Monday, May 4, 2015

US Coffee Spot Daily & Monthly Trend - Firm Bearish!! 04 May 2015


Support & Best Buy for the week 137 (Current Resistance), Actual Resistance & best short level 139.8, a break above 142.6 Upside capped @ 148.2 - 150.80, However a Crack Below 134.20 downside capped @ 128.80 - 126.20

Now @ 134.4

Weekly Trend - Mild bearish 

The Monthly Charts which we are closely watching from some time has finally indicating initial signs of reversal  - The Slow Stochstics Has finally entered a bottoming phase



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