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Commodity Suger idea (08/09/2022)

Short
Sugar No. 11 Futures (ICEUS:SB1!)  
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ICEUS:SB1!   Sugar No. 11 Futures
Elliott Wave Sugar Coffee cocoa
1
2
elliottwaves sugar coffee cocoa
SUGER

We expect a drop in the sugar commodity, since prices are below the resistance point of 18.70, and we expect prices to target 17.61, and we also expect more decline in wave ((iii)) target prices of 16.69 in the coming period

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