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

KC 60m Feb 24th

JO daily Feb 24th

JO daily Feb 24th

KC 120m March 16th

KC 120m March 16th

JO daily March 16th

JO daily March 16th