The JO (coffee ETN) swing trade has just hit the bottom of the 2nd price target zone for a gain of ~20%. Consider booking partial or full profits and/or raising stops if holding out for additional gains (T3 is just below the 67.62 resistance level). Previous (March 16th) and updated daily charts below.
JO daily March 16th
JO daily April 18th
For those using /KC (coffee futures), a sell signal would come on a solid break and/or 120-minute close below this uptrend line with JO trading at the bottom of the daily T2 zone now. 120-minute chart below.
KC 120m April 18th
On an admin note, the demolition of my pool & patio that was supposed to start two weeks ago finally started today. With my office adjacent to the pool deck & the house shaking, I won’t be spending much time at my desk today but will make sure to post anything that stands out.