Coffee’s fierce rally, now in its third month, may have met its match last week in the form of a Hidden Pivot at 198.80.  The actual high at 198.65 came within a hair of the resistance. If the futures should push above the high, however, we could expect the buying to continue all the way up to 197.40.  That target is derived from locating a new point ‘A’ where ‘C’ is. _____ UPDATE (2:21 p.m. EDT):  Today’s moderate rally hasn’t changed the big picture, although it now seems possible the futures will do a death rattle up to 202.95.  You can short there with a tight stop if it happens before Wednesday’s close, but if the order survives you’ll be on your own. (The order expired with the futures having rebounded no higher than 197.60.)