11/23/2014 – Coffee

Issued: 11/23/2014

March coffee:

1. On Fri., Nov. 21 March coffee declined, tested and reversed off an important support area between $188/$87 (Friday’s session low, $187.50). This was mentioned in Friday’s Williams edge live meeting, as well.

2. Under normal conditions, continued hourly and especially daily closes above $188/$87 indicate a test/attempt at $198/$99 into next week (week of Nov. 24).

3. Any hourly or especially daily close above $193.00 will also be further indication for the above-noted advance. Will message any new long entry based upon the above as the market continues to confirm.

David Williams

Issued: 11/24/2014

March coffee:

1. Our Sun. (Nov. 23) March coffee update forecast an advance from approximately $191.50 to $198/$99 into early this week (week of Nov. 24).

2. Although no official trade entry occurred, March coffee advanced and completed the majority of the forecast move from $191.50 to $198/$99 in today’s (Mon., Nov. 24) session (today’s session high, $197.80, so far).

3. Williams edge is relatively new to coffee futures however we anticipate more direct trading opportunities as we become more familiar with the coffee futures market movement.

David Williams