Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Fund short covering should fuel the gap filling at $1.34 in the December NY KC contract. Beyond that, important to note that a “W” type trading pattern would be normal for the next six weeks. Would ignore the large 18-19 Brazilian production talk coming out of international conferences. Attendees always talk their position. Cannot rule out a N. Korean shock and the fallout.