01/30/2015 – Coffee

March coffee:

1. In yesterday’s (Thurs. Jan. 29) Williams edge live meeting it was noted that there was a strong indication that March coffee would decline from the then current price of approx. $167 down to $162.50/$61.

2. Although the above indication was not issued as a trade, March coffee followed through with the forecast sharp decline and completed the $162/$61 downside target (session low, $158.70). Will message any further entry or indication in March coffee.

David Williams