If the market finds support in the 9.32 to 9.19 area then we can safely say a new strong uptrend is underway and a long position should be established.
The Commercial Traders data certainly tells us that Sugar should move higher.
Wednesday, July 25, 2007
Sugar - At A Telling Point
This pullback in sugar is going to tell us much about the intermediate to long term trend.
If the market finds support in the 9.32 to 9.19 area then we can safely say a new strong uptrend is underway and a long position should be established.
The Commercial Traders data certainly tells us that Sugar should move higher.
If the market finds support in the 9.32 to 9.19 area then we can safely say a new strong uptrend is underway and a long position should be established.
The Commercial Traders data certainly tells us that Sugar should move higher.
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