Sugar looking just about done.
Updated
Massive extremes on the PMARP.
being a bit pre-emptive on this short since theres been no confirmation, only slowing momentum on the short timeframes.
Large speculators are the most long sugar since august 2021, so its getting pretty crowded.
Similair fundamentals to this as coffee, only more extreme on the COT side.
being a bit pre-emptive on this short since theres been no confirmation, only slowing momentum on the short timeframes.
Large speculators are the most long sugar since august 2021, so its getting pretty crowded.
Similair fundamentals to this as coffee, only more extreme on the COT side.
Note
Timing so far has been poor. However, Im sticking with this trade for now.Note
Added more yesterday. Getting more confirmation with the past few days price action.
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