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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Tuesday 27 December 2011

Coffee

The decline in coffee looks like a bullish wedge pattern.End of January may be a time to watch for low.


On the Gann fans chart coffee is firmly entrenched in a declining 1x1 channel and in weak position below the rising 1x8 angle.So I would anticipate weakness into the end of the month then watch to see if we can reverse

 



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