COT - Sugar 11 - Long

Updated
Comments: this play can be rushed, because the levels of both cot indexes we monitor are still low. We want anyway to enter because:

- the speed of the drop was very fast (price % change / time of the change in weeks)
- net position change speed was very fast (net position % change / time of the change in weeks)
- for the very good r/r at this price level

Cot 3y: 51.8

Cot 6m: 51.8

Rsi: bullish divergence

Price: multiyear support

Entry: 10.43
Trade active
Cot report increased net long
Trade closed: target reached
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