Market Data Trader

I’m not going into a lot of detail on this tonight.  But, I can say that the chart is telling me that coffee is looking technically overbought by a number of different statistical measures…. indicated in the bottom of this proprietary chart.  Additionally, I look to see that the longer term trend has no shifted to an up trend.  So, perhaps wait out a pullback and take a shot at a long.  As always, trade with your own discretion.