July Coffee’s run-up yesterday evinced the kind of power that is persuasive even on the one-minute chart. The rally could have called it quits below the 138.65, but it summoned that crucial extra ounce of gumption to take on the last impediment in its path. Now, assuming the end-of-day pullback low at 137.40 holds, we should expect a resurgence over the near term to as high as 140.75. Odds of that occurring would shorten if buyers easily surmount that 139.10 midpoint associated with the 140.75 Hidden Pivot.