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Re: Arabica and Robusta COT Report
Hi Player. Funds have been known to either stop adding at a certain level and start covering. If we are able to capture this moment it would be a good time to go long. More typically, funds will buy a breakout and start to cover when prices reach a certain level. Each week the number of short funds increase but at a decreasing rate. Personally, I see the funds as being on the defensive as less Brazilian coffee will hit the market and as we progress into winter.