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mjhillpp
Oct 13, 2015 5:02 PM

SB Sugar turning neutral in light of bearish engulfing 

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Turning neutral and watching closely. I think good entry for e retracement IMHO

- RSI & Stochastik with bearish indications and market is very overbought.
- bearish engulfing and hanging man (confirmed with bearish engulfing)
- spreads have been weak the last three days already indicating a trend change

I am neutral with a bearish bias, but need more confirmation IMHO
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