Coffee trending down

Coffee trending down

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.