Coffee's overall trend, revealed by trends of price, leverage, and time, defined and are discussed in The Matrix for subscribers.
Coffee ETN Daily
Subscribers or anyone reading this blog knows that I have said for many weeks/months that coffee was and would likely be one of the best intermediate-term "plays" in the Matrix. That wasn't my opinion but rather the Evolution of the Trade speaking directly to us. The EOT shows us the primary trend flip 8 months ago. Every Reset has been Early cycle. Few assets have been showing this setup consistently. If coffee's DI & DI2 had been higher, the overall setup would have been optimal, a rare combination that every trader seeks out.
Coffee's success has been a function of the primary trend and composite trend's mean cycle x̅. Coffee's x̅ is no longer Early, but it has been for a long time. Subscribers either have learned or will soon learn a critical observation from the Matrix, the transition from Early to Late is usually highly profitable. I learned this long ago.
If you have questions, let me know. Please ignore all the gurus coming out with their bullish forecasts after price jumps the creek. This type of Ex Post analysis tell us they don't know how to read the invisible hand. They should be unfollowed, but many are considered Rock Stars of Desocialized Media.
Follow me on Twitter or Facebook for further discussion.
Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.