looking at the weekly chart there is a very good chance that we have completed the w5 of three down and could start the wave 4 anytime now. price trgt for sept. coffee is still 113-121 for the wave 5 of three to finish. That being said the 4th wave higher could start anytime now. and not reach the lower target extremes. (wave 4 should be a complex correction) . trgt for the wave 4 is the 180 level. really need the wave 4 to stop this wave 3! when the 4 is in Ill have a better idea where the wave 5 trgts are.
good trading
CK
