The behavior of algos is very much depended on fundamentals, indirectly. What I mean is that if fundamentals were bullish, for example, the momentum would be upward and so algos would be buyers instead of sellers. I again say that I donít dispute damage has been done to the coffee plants by hot and dry weather. The numbers are however uncertain. I think that once we see production numbers released we will have a better picture.
The purpose in my post was simply to deflate the tension that exists between bulls and bears. To me itís very professional to express views and ideas but unprofessional to argue about them. Good trading.