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Monday, January 23, 2012

Swing Trade market alert. – Short March Coffee has reached target objective!

Swing Trade market alert. – Short March Coffee has reached target objective!

TMV Swing Trade report – Short March Coffee from 223.10 – Coffee broke support and traded sharply lower into the downward sloping median line (basis the 60-minute chart). I look fro the market to bounce off the median line and offer a second selling opportunity. Therefore, I recommend covering the current short position at 219.25 or lower.

John Crane

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