Coffee's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
Coffee ETN $JO Daily
Coffee remains one or the most dynamic market in the Matrix. It's too late to chase, because the Evolution of the Trade permits action only after Flips and RESETs. Periodically, I cheat when I buy or sell ahead of FLIP or RESET with an extremely favorable energy build, but even that can be dangerous. Trading discipline protects us from self. Self is emotional and stupid.
The latest video Coffee Review laid out the game plan for $JO quiet well. It’s still in play. Not many have watched it. I can only assume coffee is a boring market, or subs missed the opportunity. Either outcome defines it as a relatively quiet market still. That will change if it jumps the creek above a major reversal zone. I will talk about it when it happens, but I can't guarantee it will be preceded by a new entry point.
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