Sugar No. 11 Futures
Short

Sugar did it!

93
Did a rising correction. Reached the lower line of the rising channel. It is a backtest. Sugar is in the zone of a healthy correction between 0.5 - 0.38 Fibonacci zone. Did a correction type pattern.

I expect to see a downward pressure at least to 10 or more, much more. We will see.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.