Sugar will have an awful hard time to go any higher here, climbing into multi-year major resistance. A sustained decline should take Sugar substantially lower into year's end.
Ample grain and bio-fuel stocks are also a prelude to an over-supply imbalance. (Not to mention substantially lower crude oil prices on the horizon.) This is a low-risk spot to initiate a long term SHORT.
Ample grain and bio-fuel stocks are also a prelude to an over-supply imbalance. (Not to mention substantially lower crude oil prices on the horizon.) This is a low-risk spot to initiate a long term SHORT.
