Coffee Traders' Forum

Re: Heaviest Traded areas today 13250 and 13150
By:JuanV
Date: Thursday, 4 February 2010, 2:38 pm

Thanks Nagual as always. Pretty good bounce off the lows of the day, just above the key 13000 level. Not sure how long that bounce will last as markets from CL to GC along with equities continue to be under heavy pressure. OE approaching next Wednesday, along with FND 2/18. Failed attempt yesterday by KCH to get back through 13600 and with roasters filling downside buying needs, so long as the pressure remains across all markets, KC remains vulnerable to the downside.
DX with another strong performance today as well.
Interestingly, HK -185/-180 and RCH -14 (1310).
Also, very interesting article posted by KK.
gt.