Arabica Coffee (KC) slid almost 3.5% plus yesterday for the 1st red daily candle in 7 days. The 2 week plus rebound off just above the 2023 low has stalled at downchannel resistance (on the weekly chart), but will likely resume by early November…
Tag: RC_F
Coffee Daily Oct 25, 2023
Arabica Coffee (KC) surged another 1% plus yesterday, gaining for a 6th straight day and extending the 2 week plus rebound off just above the 2023 low. KC has broken above the September, August and July highs, halting the slide from the 2023 high in April and neutralizing the bearishness of the lower October low versus the September low…
Coffee Daily Oct 24, 2023
Arabica Coffee (KC) edged higher yesterday, gaining for a 5th straight day and extending the 2 week plus rebound off just above the 2023 low. KC has broken above the September, August and July highs, halting the slide from the 2023 high in April and neutralizing the bearishness of the lower October low versus the September low…
Coffee Daily Oct 23, 2023
Arabica Coffee (KC) edged more than 0.5% higher Friday, extending the rebound off just above the 2023 low. KC has broken above the September, August and July highs, halting the slide from the 2023 high in April and neutralizing the bearishness of the lower October low versus the September low…
Coffee Daily Oct 20, 2023
Arabica Coffee (KC) soared more than 3.5% yesterday, extending the rebound off just above the 2023 low. KC is now testing the September high and has halted the slide from the 2023 high in April…
Coffee Daily Oct 19, 2023
Arabica Coffee (KC) edged more than 0.5% higher yesterday with its daily Gravestone, extending the rebound off just above the 2023 low. With Monday/Tuesday’s launch from just above the psychologically key 1.5 whole figure level, KC has made progress in halting the slide from the 2023 high in April…
Coffee Daily Oct 18, 2023
Arabica Coffee (KC) surged nearly 2% yesterday, extending the rebound off just above the 2023 low. With yesterday’s launch from just above the psychologically key 1.5 whole figure level, KC has made progress in halting the slide from the 2023 high in April…
Coffee Daily Oct 17, 2023
Arabica Coffee (KC) edged lower with a daily Hammer yesterday, digesting the rebound off just above the 2023 low. With yesterday’s Hammer unwilling to dip back to the psychologically key 1.5 whole figure level, KC has made progress in halting the slide from the 2023 high in April…
Coffee Daily Oct 16, 2023
Arabica Coffee (KC) surged more than 3.5% Friday, gaining momentum on the rebound off just above the 2023 low. With the weekly close above the psychologically key 1.5 whole figure level, KC has made progress in halting the slide from the 2023 high in April…
Coffee Daily Oct 13, 2023
Arabica Coffee (KC) bounced more than 1% yesterday, gaining momentum on the rebound off just above the 2023 low. Odds are elevated for a weekly close above the psychologically key 1.5 whole figure level as KC increasingly shows signs of halting the slide from the 2023 high in April…