Coffee Traders' Forum - A Discussion about Coffee Futures Trading


Coffee Traders Discussion Forum

Coffee Traders' Forum

Re: COT 11/15 - 11/21
In Response To: COT 11/15 - 11/21 *PIC* ()

Thank you Juan. Great report. I agree that trying to get any hint of market direction is tough. We have been indeed boxed in. I was hoping for a dramatic change in the swap dealer category. We had one last week where 8,439 lots were purchased. This week only 884 lots were bought. Nevertheless, institutional buying is taking place. We continue to see a supportive market. You may be right that some selling can push the market to lower levels. I will have a long bias with a tight leash. The market feels like it wants to go higher but the long selling is intense. GT

Messages In This Thread

COT 11/15 - 11/21 *PIC*
Re: COT 11/15 - 11/21