bullish
The Return of La Niña // CTA Positioning Update
SUMMARY
- CTA Positioning Update The latest CTA picture by UBS shows that managed money is currently maxed long coffee and oil and max short corn, soybeans cotton and lean hogs.
- The contrarian ideas would speculate on the exact opposite of this positioning. On the other hand, the data currently suggests only slight changes in the current positioning.
- On the other hand, the data currently suggests only slight changes in the current positioning.
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