It's been a very strong couple of days on Sugar. The immediate downward trend has fallen but the more major one from the top of the head and shoulders still exists and we will find It early next week if that falls or if the long positioning has been premature.
The gap on the chart from $12.50 down to $12 still bothers me as these normally do get filled and we are still close enough for it to be in this price cycle.
The gap on the chart from $12.50 down to $12 still bothers me as these normally do get filled and we are still close enough for it to be in this price cycle.