Posted 2/23/2024 16:16 (#10636964 - in reply to #10636738) Subject: RE: Farmers are the fund buying and selling
Do you have any clue as to what buying 325,000 contracts would do to the market?!?!?! You can’t just push the button and do that all at once. They’ve made their money, hit their objectives, now all they have to do is cash in on it (buying back their shorts).
Here’s a hint for you, study the daily volume a bit and try to wrap your head around the magnitude of 325,000 contracts?