Coffee Traders' Forum - A Discussion about Coffee Futures Trading

Coffee Traders Discussion Forum

Coffee Traders' Forum

OI/Market *PIC*

The pattern continues as systems buy from longs. Sep liquidation consists of spreads as well. EFS were posted but no way of knowing if new business or liquidation. I would guess new based on the relatively small change in the total OI. A steady market continues to prevail as it tried several times to remain below 141.00 without success. For now however Nagual's 141.50 resistance remains in place. Bonds had a nice spike higher but the dollar remains higher. Metals are holding for now.