Friday, January 24, 2014

Sugar coma… or sugar high???




Ever since hitting my numbers @1518 on front month sugar we have been stuck in a sugar coma… I have a long position at 1607 on the october contract. 
Technically we have met the qualifications for 5 waves down being complete since the run down from the 20 cent price range and the commercials buyers look to have almost gone net positive on buy side. ( which is a plus) A nice 30 point jump to the upside would be nice to end the week.

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