The way they're piling in, I'm starting to wonder if these shorts know something we dont. Warehouse stocks down, price turning up, what they do? sell sell sell. Either pairs and wont let go of hedge even at support, or privy to something fundamental.
Added 10m shares to their position since start of year while price has remained flat, suggesting some decent accumulation on the other side?
I'm already probably overweight at about 2.10 ave but will take a few more next week and see how this plays out. Expecting some progress on the trade front and weakening USD will give this a good kick at some point
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