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Honestly,
I don't understand what the chart represents or what the post says.
"...and that 5/7 WOULD put in a daily swing bottom. "...so I am NOT expecting 5/7 to put in a daily swing bottom." ??
The calls can be difficult to judge for me, as the dates for all the bars shown are not presented.
All I can fathom is that yes, prices did eventually rise here, but actually 5/7 does not appear to be the low point. Missing from the post and chart are other bearish calls after this call. You had no daily turn calls after 5/7? If so, then this would be a little misleading vis a vi the risk/reward potential.
Rick to get a more accurate view, can we see all the calls for coffee this year?
Vincent