Orange juice sept contract has traded down to a possible wave 2 level on a flush out of yesterday and today. I will be watching here as we are deep enough for this move to be a wave 2 flat nearly completed with this move down. target comes in at 150.90 and 146.36....
sugar - has tested the .382 level in a wave 4 and its possible we may see a push towards the 1814 basis july in a 5th wave of wave 1. a break above 18.28 and 18.57 sets up the wave 3 to my first target of 22.05.
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