Sugar Might Be About To Lose More Of Its Sweetness

Comments on the chart

Note

Price fell today so the idea is still in play. will be looking to sell on monday afteer market opens

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Price has broken out of the channel for real. This is bearish. I believe if we hold on tight to this trade price will go to new lows. I will try to leave my short from 13.93 fr as long as possible

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closed the short yesterday at 13.13 on a tightened stop. I am still bearish but I am looking for a retracement from here. I could be wrong though and that would mean I turned the tap off too early

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Price retraced 21 points today. I was expecting a retracement so closed my short on friday. Looking to short from higher for price to go to new lows

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Price fell some more today. The downside appears to be entrenched...

Olu

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Olu