Sugar Monthly wedgeMarch 2019 Sugar DAILY

SBH9 March 2019 Sugar, weekly

  Empt

  Totally agree with buy strategy.

  Bot Sept calls on Thursday.  Probably get a chance to buy sugar mon/tues near 1060.

  Could be a great setup for a 5-7 week rally, as daily weekly low came as 'scheduled' last week.

  Please repost "your" (great) chart wed after close.

Sugar price charts, front month currently October:

3 month sugar-strong downtrend small bounce

1 year Sugar below-major downtrend! Recently broke down from bear flag formation!

5 year Sugar below-close to 5 year lows!               

10 year Sugar below-lower than price 10 years ago!

  Good morning, MarketForum

  If one were to apply the Three Day Rule (markets will test its high/low three days from such event), one may want to look at Sugar today, Tuesday.  1075 is halfway back--1089 is 32%.