Coffee closed lower on Friday ending a two-day short covering bounce off Tuesday's low. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI are neutral to bearish signalling that sideways to lower prices are possible near-term. Closes below the 20-day moving average crossing are needed to confirm that a short-term top has been posted. If it extends this year's rally, monthly resistance crossing is the next upside target.