In this second part of my series on essential reports for traders following the coffee market, we will look at the #COT. This report is a must for every #coffeemarket participant to follow because it provides crucial information for making price #forecasts. In the sections that follow, we will look at the 3 versions of the COT, How to read the COT and I will also share a key metric that I provide on my free report subscriptions (that isn't provided by most other distributor

Last week's #COT contained a curious fact: during the rally up above 200 cents the #specs actually sold rather than bought. This is contrary to what we might expect and it confirms the possibility that the lows in this #coffeemarket will be much higher than previously thought. In the paragraphs that follow, I will provide the framework that I'm using to make this claim and then I will walk you through my logic. Please feel free to fact check me! For those unfamiliar with th