Olu

Sugar: Still Looking Lower

Viés de baixa
Olu Atualizado   
OANDA:SUGARUSD   CFDs de açúcar
Comments on the chart
Comentário:
Nice down day today. I am still looking lower
Comentário:
good down move today. The move up after breaking the support area is in 3 waves which points to a retracement move. This move down could be the start of a much stronger one and 13.00 on this could be taken out in a spectacular manner
Comentário:
Price fell again today despite weakness in the DXY. This could be a sign of inherent weakness in this commodity
Comentário:
This price movement is making me reach for Pepto-Bismol. Move already. As price is hanging about the lower end of the price range the idea is still in play. We might need to roll into the May contract to get this move
Comentário:
It took its time but price finally broke down today. Still looking lower
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