JO Coffee ETF chart

JO (Coffee ETF) daily- Jan 7th

After making an impulsive breakout above the primary downtrend line yesterday, JO (DJ-UBS Coffee Total Return Index ETF) has pulled back today and is currently backtesting the trendline from above, thereby offering another objective entry or add-on to the trade.  The live, annotated chart of JO can be view by clicking here.