sugar anyone?

What's become clear to sugar traders--but not to this thread's postors--is that Brazilian sugar exporters have been caught speculating: in other words, this unique price spike is a classic short squeeze. Beware buying sugar here, as funds hadn't bought much sugar in size above 12.00.
 
Quote from duard:

Sugar's gone parabolic and could be a fun ride down soon. I was gonna get in today but it looks like it's got one more push higher. We'll see.
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When it starts throwing fits (i.e. 1/23 outside reversal, etc...) you're getting close but picking the peak is an act of futility.

Just know where the trend system guys put their stops, figure 3-4 atr's under the contract high and try to front run them. The floor is going to have a field day when it eventually does snowball.
 
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