Coffee - Ready for a strong cup of coffee

Coffee - Ready for a strong cup of coffee

Coffee - Ready for a strong cup of coffee 

Coffee is about to get a lot strong. An Inverse S/H/S bottom has been building over the last 12 months and a break above the neckline resistance near 136.40 will complete the formation for a strong rally higher towards at least 157.95 and possibly much higher. 

If my long term count is correct, then coffee should rally all way back to the October 2014 high at 225.45 and likely even slightly above here for a move closer to 233.80 to end wave [B] and set the stage for a impulsive decline in wave [C] to below 111.05. 

Thomas
2014-05-28
phenomenal new service EWS, I have followed you for 18 months and the exceptional analysis continues unabated! I look forward to the daily updates focusing on the most interesting and potentially lucr...
Duane
2018-03-03
Hey EWS,

I just wanted to thank you for posting your charts. They are of great help to me. Your charts are a great teaching aid for learning Elliott Wave.

Duane
Darryl
2014-09-14
Love the good work, most accurate I’ve found in my research. Darryl