Coffee Getting Roasted ($KC) !.

From 9/24/13

[quote]With that out of the way, I see nothing BULLISH in Coffee chart, it may find floor at 108.68 and/or go to 128-130 first or after hitting 108.68 over the next 4-5 weeks. 128-130 is serious EW structure resistance that will cause resumption of downtrend. As long as this range level holds on DAILY CLOSES, chances are Coffee is retracing towards the base of 2002 rally longer term, but a print sub-80 over the next few years may provide some temporary relief to the drip. So let us say for now Coffee has a target of 80 over next couple years.[/quote]

Long term BEAR – no respite . drip drip drip

No short term projection in this post, just a recap of the 9/24/13 post. If there is interest in Coffee please write to me or Tweet