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Monday, January 30, 2012

Market Alert! – Time to exit short March Coffee.

Market Alert! – Time to exit short March Coffee.

TMV Swing Trade report – Short from 216.70 – Coffee traded through the 217.00 support, but appears to have found new support at 215.00. I was only looking for a short-term price swing in Coffee and I think it may have already given it to us. It time to exit the short position and post a small gain.

March Coffee - 30-minute chart - click to enlarge

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