tag:blogger.com,1999:blog-5559625162105672139.post5531709422689245623..comments2023-10-15T07:35:20.455-07:00Comments on The Crude Oil Trader: 2013 Forecast – Tis The Season To Drink & Own CoffeeUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5559625162105672139.post-73090106584683081072013-02-21T16:22:48.121-08:002013-02-21T16:22:48.121-08:00Are we getting a bottom in coffee here.....today&#...Are we getting a bottom in coffee here.....today's action.<br /><br />March coffee closed higher on Thursday as it consolidates some of the decline off January's high. The high range close set the stage for a steady to higher opening on Friday. Stochastics and the RSI are turning neutral to bullish hinting that a low might be in or is near. Closes above the 20 day moving average crossing at 14.31 would confirm that a short term low has been posted. If March extends the decline off January's high, weekly support crossing at 13.20 is the next downside target.Ray @ The Crude Oil Traderhttp://crudeoiltrader.blogspot.comnoreply@blogger.com