Coffee Traders' Forum - A Discussion about Coffee Futures Trading


Coffee Traders Discussion Forum

Coffee Traders' Forum

COT Comment *PIC*

Greetings CTF,

This week we see following changes:

- hedgers (in red) cut 1,500 longs and added 9,300 shorts. Net - 10,800 to the long side;
- non-hedgers (in orange) added 700 longs and cut 10,900 shorts. Net - 11,700 to the short side;
- managed money (in yellow) added 6,500 longs and cut 11,500 shorts. Net - 18,000 to the long side.
3 funds joined bulls and 9 funds left bears.

Net position indexes (in green) show big advance of managed money. This can be seen as a reversal move. However, one may want to see a continuation move over next week with the same magnitude.

OI index (in blue) rose a bit.

Market participation indexes (in purple) were not as active as net position indexes.

Market shows some intention to move up. However, one week action is not enough to make reliable conclusions.

GL&GT.