Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
Excellent report Tango. Thank you for taking the lead this week.
I have been away from the market for a few days. From what I see from the sidelines is a steady / methodical
market. We enter 2018 with a nice win streak. A rally of nearly 6 cents,with a series of higher lows and higher highs.
Let’s hope we see a continuation into the new year. Many things to look forward to, both internally and external (macro).
Also, we have the rebalance to take hold of the market, and as we have been accustomed to seeing, I would think we see a good deal
of action via TAS. I know Tango has pointed out the volume we have see of late through TAS is likely some book squaring/ rebalancing to some degree. Now, we look forward to the more advertised Bloomberg and index rebalancing. If someone would like to update the forum of the latest numbers , I think it could be worthwhile.
Wishing everyone a happy, healthy and prosperous 2018!!!!