Oct Sugar is testing the .618 support for a possible wave 2 at 16.93 this morning. We would like for this number to hold today… holding on to long positions and the only way I would be adding to it is on a break of 18.50 and then on a break of 18.83 for a wave 3 breakout. Wave 2's the majority of the time move to the .618 level in a zig zag and that is what we are looking at as of now….
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