Excellent analysis. As we can see by the last 3 trading days, KC is a victim of the roll, unable to put together a trading range of more than 1.50 cents in any of those days since the "official" start of the index roll. I would expect the market to probably produce some light stops in either direction outside of the 9890 (top) -9605 (bottom) range. More than likely , algo driven reactions will prevent too much further momentum beyond the initial stops.
Hard to disagree with anything presented by Tango in his COT summary. I would expect the market to remain confined to some of the fork parameters as outlined by Nagual, at least until we get through FND. Some talk of flowering, though the market for now remains indifferent.
Interesting article below about Nestle, Starbucks and our apparent trade enemy, CHINA.
Good trading to all.