Coffee on the Inertia Watch List

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Coffee on the Inertia Watch List

Coffee on the Inertia Watch List

Markets with high energy reading are in motion and have typically been in motion for a few days or weeks. When we combine high energy (inertia) with strong existing trends … trading opportunities arise to take full advantage of the trend. Coffee (KC) is on the list so our systems are searching for opportunities to leg into new long position.

What to watch …

Resistance targets for Coffee stand at (138.80 & 141.40) … these levels will be key as the Coffee systems look for a buying opportunity. Links listed below.

 

 

 

By | 2016-12-22T17:57:43+00:00 June 16th, 2016|Categories: Softs, Watch List 6|

About the Author:

David Stendahl is founder and president of Signal Trading Group, an international speaker and the author of four books. He has designed trend, pattern and momentum style trading systems for more than 20 years. He focuses on trading the global futures markets, following a systematic, low leveraged and highly-diversified trading regiment. As a Commodity Trading Advisor (CTA,) he traded 40 individual futures markets across eight different sectors.