Threading the needle on coffee: Closed out the long swing trade on Feb 24th at resistance & revered to a short for a pullback trade. /KC (coffee futures) & JO (coffee ETN) recently hit the pullback target for an 8% profit & now offer an objective time to reverse back to long for the next leg up. Previous (Feb 24th) & updated 120-minute charts of /KC & daily charts of JO below.
KC 60m Feb 24th
JO daily Feb 24th
KC 120m March 16th
JO daily March 16th