Coffee's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
Are you encouraged by the pull back in coffee here (with respect to potential to go to the higher targets)? I noticed it has gone 'late' stage - is that referring to daily weekly or monthly? does that "late" get potentially reset to "early" on a reset?
No, but I say that about everything. I have learned to play all assets by the Evolution of the Trade, so my emotions don't matter. The only decision on the table is profit-taking or hold as the composite cycle mean approaches 1 (Late Cycle). After that, we wait in the core long position until the computer tells us another Reset has been generated.
Coffee still has a relatively young primary trend.
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