Coffee closed sharply lower on Friday as it consolidated some of the rally off last week's low. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible near-term. Closes above the reaction high crossing are needed to renew the rally off April's low. If it renews last week's decline, the reaction low crossing is the next downside target.