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.
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Timing so far has been poor. However, Im sticking with this trade for now.
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Added more yesterday. Getting more confirmation with the past few days price action.