Beans have been looking weak lately, and all this current and near future trade war fundamentals and uncertainty aren't going to help at all. Volatility is likely to go up this week across a lot of markets, and the ag commodities will certainly be part of that, with emotional fears from the last market crashing during the last Trump term. Beans especially didn't...
Here is my current view of LC. Like many others, I never thought it would get this high in the first place. But following and adapting with this runaway longwinded bull, the funds are very long and as they unwind (it already looks to have started), it's gonna be a sharp downward move. There's good support and technical retracement down around the 190 region, but...