Arabica Coffee (KC) slid a massive 4% plus yesterday, breaking below the July low and is now likely to test the 2023 low by month end. Odds are suddenly elevated for a weekly close below the psychologically key 1.50 whole figure level, particularly with the red monthly candle extending below the 61.8% Fib retrace of the Jun 2020 to Feb 2022 bull market (as seen easier on a monthly chart on tradingview.com)…
Arabica Coffee (KC) slid more than 1% Friday, breaking a 3 week uptrend off the July low as part of the major bottoming effort as can be seen easier on a monthly chart on tradingview.com. KC is suddenly back to near its July low, with moderate odds for a lower August low versus the July low…
Arabica Coffee (KC) edged more than 0.5% lower yesterday, arguably breaking intraday an uptrend off the July low as part of the major bottoming effort as can be seen easier on a monthly chart on tradingview.com. Despite the near complete red weekly Gravestone, last week’s green weekly candle spent some time above much of the price action of the prior 5 weekly candles, suggesting progress by KC in halting its slide from the 2023 high in April…
Arabica Coffee (KC) edged lower yesterday, arguably breaking an uptrend off the July low as part of the major bottoming effort as can be seen easier on a monthly chart on tradingview.com. With last week’s green weekly candle having spent some time above much of the price action of the prior 5 weekly candles, KC has made progress in trying to halt its slide from the 2023 high in April…
Arabica Coffee (KC) slid more than 1.5% yesterday, retesting an uptrend off the July low as part of the major bottoming effort as can be seen easier on a monthly chart on tradingview.com. With last week’s green weekly candle having spent some time above much of the price action of the prior 5 weekly candles, KC has made progress in trying to halt its slide from the 2023 high in April…
Arabica Coffee (KC) bounced more than 1.5% yesterday, continuing an uptrend off the July low as part of the major bottoming effort as can be seen easier on a monthly chart on tradingview.com. With last week’s green weekly candle having spent some time above much of the price action of the prior 5 weekly candles, KC has made progress in trying to halt its slide from the 2023 high in April…
Arabica Coffee (KC) slid more than 2% Friday, closing at a fresh August low as part of the consolidation from the July high. Nevertheless, with last week’s green weekly candle having spent some time above much of the price action of the prior 5 weekly candles, KC has made progress in trying to halt its slide from the 2023 high in April…
Arabica Coffee (KC) slid more than 1% yesterday, hesitating near the July high. Nevertheless, with the current green weekly candle on pace to close above much of the price action of the prior 5 weekly candles, KC has made progress in trying to halt its slide from the 2023 high in April…
Arabica Coffee (KC) surged nearly 1.5% yesterday, pushing intraday just above the July high. With the current green weekly candle trying to exceed the price action of the prior 5 weekly candles, KC is making progress in trying to halt its slide from the 2023 high in April…
Arabica Coffee (KC) formed a daily Doji yesterday, pushing intraday just above the July high. With the current green weekly candle trying to exceed the price action of the prior 3 weekly candles, KC once again appears like it is trying to halt its slide from the 2023 high in April…
