Sept Coffee/Watch for a Breakdown! *PIC*

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Sept Coffee is fighting for its life trying to hold above 260 support. The big ducks are saying it's not going to hold. The RSI 21 crossed below the 50 line support in early May and has remained below. The Modified MACD is just breaking below the 0 line support for the 1st time since last June/10. And the 20ema has crossed below the 50ema also for the 1st time since June/10. And the seasonal trends in all time frames show from early June to the end of July to be the most bearish time of the year for Coffee. So it looks like crash and burn time boys and girls. Enjoy...... Watch for a break below 260 for a trigger.

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Sept Coffee/Watch for a Breakdown! *PIC*

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