Coffee closed unchanged due to market holiday and the low-range close sets the stage for a steady to lower opening on Tuesday. Stochastics and the RSI are overbought, diverging and are neutral to bearish hinting that a short-term top might be in or is near. Closes below 20-day moving average crossing would confirm that a short-term top has been posted. If it extends this month's rally, the 87% retracement level of the 2008-2009-decline crossing is the next upside target.
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