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TFC Commodity Trading Forum

Dec Coffee/Still Holding Support *PIC*

Dec Coffee is still holding at the Aug lows support and at the upper side of the downtrendline despite the sharp selloff today. Seasonal trends are bullish for Coffee from October right into Dec. The RSI 21 just bounced off the very oversold level of 30. Not the prettiest chart out there but KC is still hanging in there....so far.