Trades,

Its late and my eyes are tired. However, I may be seeing a blood diamond in Sept coffee. I say blood diamond as I remember a number of years ago that there was a freeze in Columbia or one of the other major growers of coffee, which is very rare, and the coffee market opened up something like $25,000 up on the open! I think anyone that was short was bleeding. After that I only attempted to sell coffee with a put option as it scared me eventhough I did not even have a position in coffee.

However, I agree with you if the support line gives way I think it has more room to the downside.