Sugar… wave 2 in progress intraday?

5 min chart of march sugar looks like 5 waves up completed and we are zig zagging into a w2. 17.55-17.60 first target for wave c to conclude.  A close back near the highs today would set up a w3

Nov beans… new low n reversal?

Is a new low and reversal in the cards today?  I will be adding to positions in nov under 1040. Happy trading. This could be a big one! 

Dec crude oil update. E wave in progress

Above is the weekly chart of crude oil and it looks like the ewave of the triangle is finishing. Targets come in 88 as we are setting up this market for a big run up in my opinion. (Watching this market as of now). 

Sugar… to hold or not to hold! .786

After the continuation grind lower and again down another 6 this morning oct sugar is struggling to even have an up day. Currently we are still looking at a possible deep wave 2. The 1450 on the current oct contract is the .786 level and a common target for wave 2's to travel to. We must not by any means push below the 14.70 area. A perfect situation would be a bounce in a 5 waves starting today. ( The mrch contract .786 is 17.28) and we are currently trading just above that number.  

Wave 2's often are steep zig zags and this last leg down C wave is almost identical in length to the A wave.