1. Coffee is a new market for Williams edge which we are evaluating for possible trading. Therefore, the following is not intended to be traded.
2. Today’s (Thursday, May 1) July coffee closed the session at $204.15. Barring a powerful, immediate advance, July coffee should decline further and test/attempt $196.60 (or lower) into tomorrow, Friday, May 2 (+/-1 day). Will update as the market continues to confirm.