Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Regarding the COT, I think it will look bearish because the Tuesday cutoff date coincides with the highs in volume. No selloff taken into account unless you do the daily math of days following, but that is reserved for the more saavy traders. The report itself however will be unlikely bullish. Sellers picked the first day after the cutoff to begin selling. We can anticipate more of these tricks as the COT is now more watched than ever and things were becoming more predictable. The market hates being predictable.