Thursday, November 21, 2013

Sugar on Lows of Recent Move

Sugar futures, which have been on a steady decline since trading over 20 on October 14, are trading at the lowest level since that time at 17.50. This area matches the lows from mid-September, from which the rally to 20 emanated. If this support level is breached, there may not be support until the September 18 low (17.30).

Posted-In: Futures Commodities Technicals Intraday Update Markets Trading Ideas

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