Christoph Eibl
Christoph Eibl
based collapsing justified levels market prices risk seen top
Prices at these levels can't be justified based on fundamentals only. While we haven't seen the top of the market yet, the risk of prices collapsing is very high.
bringing buyers funds market physical pushed rebound small
The hedge funds have pushed this market up, and now they are bringing it down again. Then we may see a small rebound as physical buyers come back into the market.
looks market sharp signs strong top
Fundamentally, the market looks strong and there are no signs of a sharp sell-off in the offing. We can't see a top to the market.
ethanol market moving prices sugar
Sugar prices are energy-driven; there's nothing else moving the market at the moment. It's all about the ethanol story.
typical
There is some classic, typical profit-taking going on.
bubble entering linked longer moved prices
We're entering bubble territory. Prices have moved away from reality, and are no longer linked to fundamentals.