US COFFEE CFD close lower on Thursday and the lowrange close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are diverging but are turning bearish again signalling that additional weakness is possible nearterm. If it extends the decline off October's high, June's 2010low crossing is the next downside target. Closes above the 20day moving average crossing are needed to confirm that a shortterm low has been posted.
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