The_Unwind
Long

Sugar Beaten Down Commodity Ready for Turn (CANE)

AMEX:CANE   TEUCRIUM COMMODITY TRUST SUGAR FUND
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Sugar , the commodity has been in a prolonged downtrend for some time now.

The Sugar ETN CANE offers one the opportunity to go LONG Sugar ,
at extremely discounted and washed out price.

As a completely contrarian play.....

CANE LOW on 8/2/18 at 6.75, looks to me to be a WASHOUT LOW. USE that as a STOP,
Begin to accumulate. Long Trade. Upside Target; To Be Determined.

THE_UNWIND
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