Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
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.