The market week worked between 155.80 and 167.60 on the stock exchange in New York, I could come down to 155.40 where he found strong support in the moving average of 34 that will see the blue line of the graph below.
The flag is designed as high posted since the market made a big hike in a few days forming the flagpole was only expected to draw the flag.
For the Bear had a few days of joy when the recoil force of the market but a buyer appeared turning the situation around and showing strength and which supported the thesis that there is a bull market.
Brazil's harvest in some regions already is finishing the work of the forest area where mining and the Holy Spirit which had occurred a few days and we will know the size of the damage done by the greatest amount of sunshine earlier this ano.No mines south of the harvest progresses too fast as cerrado and Sao Paulo to bad quality by climatic factors also will be big one that will give further support to this market.
The increasing consumption low stocks and big money betting on a resumption of the commodity form a high explosive formula. With differences of one month to another and there can barely leads us to believe that the funds will take their buying position for a long time forcing those sold to having to lay on and a painful wait to leave their positions.
The framework for low inventories will not be changed even Brazil after a year of full season giving us the right to dream with numbers higher, because the next year's crop will not be as big as this year.
For producers of coffee must seize and sell coffee to market prices for the very short time ago this market would be a dream, and selling at these prices in the physical will give producers the right to capitalize a little playing the second round of sales a time later on what forced the market to keep prices so selling enough to capitalize leaving the rest to see where this market is going.
The next week we may have the test of 170.00 where I believe we must do more resistance there will be new top.
The trade is still alive a week after we bought a great heat to 160.00 and we will hold 50% target of 170.00 and 50% will wait to see whats going. Is it possible to go against the market trend sold if not break the 170.00 and back to test 155.40.
The volatility is very high and has continued so for a long time then operators take great care not to take violin

Good week and Good trade!!
Wagner Pimentel
www.cafezinhocomamigos.blogspot.com