CFDs on Sugar
Short
Updated

Sugar Update: Still looking lower

72
Comments on the chart
Note
Price moved lower today helping the idea. Price is getting oversold somewhat now
Note
Price is still falling but I am allowing for some retracement from here and then some more downside
Note
Price fell hard again today coming to rest 37 points lower at an area that could be a goood turnaround area (look left).. I was looking for some retracement and we got it for only one day before a big fall. The candle today is a bearish engulfing one and therefore there could be more follow-through tomorrow when market opens
Note
Price fell again today
Note
The retracement idea is playing out right now

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