sugar - MarketForum

sugar

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Started by bcb - Jan. 7, 2021, 1:49 p.m.

Better chartist than myself...March sugar is that a cup and handle formation? Do we look to fill the gap and look for support to go long??

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Re: sugar

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By metmike - Jan. 7, 2021, 4:54 p.m.

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Thanks bcb,

Downside reversal today on the daily.

Daily 1 month chart below shows the gap mentioned by bcb.

Re: Re: sugar

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By metmike - Jan. 7, 2021, 5:44 p.m.

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1 year chart below. Tough resistance.

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By metmike - Jan. 7, 2021, 5:44 p.m.

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10 Year chart of sugar below shows the resistance.

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By bcb - Jan. 14, 2021, 2:51 p.m.

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Sugar did fill that gap and up up and away the last 2 days. I'm thinking of taking profit at 1709 if we can get there.

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