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January 17th, 2018: JO (Coffee) Chart Update

Posted by pugsma on January 17, 2018

1:10 pm EST:  On the 4-hr chart, JO could be forming a short-term double bottom at 14.77 with target of 18.55 on a break above 16.66.   This in turn could be setting a large Inverse Head and Shoulders (ISH) bottom with an intermediate-term target near 24.19 on break above 18.81.

JO 4-hr chart:

JO Technical Analysis

JO weekly chart:

JO Technical Analysis

 

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