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Robusta COT Report
Posted by Tango
on January 3, 2020, 4:56 pm
It was a light 3 day holiday trading week. Funds sold new as they have continued to do throughout the entire move higher in RC. Large traders bought while commercials were on vacation as low EFP postings and activity seems limited to spreads.
The activity in RC and the behavior in a KC indicate a lack of faith in the market. In KC rallies have been short lived and result in corrections. Next week we should have a normal volume market that may change the dynamics a bit.