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EC SD | From zen's correlation chart, it looks like funds reach peak long ahead of price reaching peak high. Look at 2021 time period where price continued higher by near 2 bucks after funds reached peak position.
It looks like the peak in price occurs when the funds start liquidation of their massive long position. I think this would be a good indicator to watch - if you are trying to make sales at "peak price"... Good luck - it is very hard to hit the top!!! | |
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Reasons to be bullish on corn prices
