That might sum it up for me. 'The great sale' will undoubably come to pass, at some point, but at what level?
17000, 18000? - don't think so.
20000 ? possible , but at that point this market may have psychological support that carries it far above...
I respect your analysis , Z, but you talk about this 'great Bear market' in Coffee that's supposedly underway, but the long-term charts do not suggest this - ie we have clearly established uptrend like and WEEKLY and MONTHLY charts?
Just my take. But you cannot deny the weekly and monthly trend is patently UP...