Sugar11 recent price history shows a price decline started in Oct2016 for a period of approx 9 months followed by a 9 months consolidation and possible price bottoming action in the 15.50-13.00 USD price range. Commercial traders have extremely long net positions and Funds might be interested to buy at these levels. Look for buoying opportunities. Probability H. Final confirmation of the change of the trend will be the a close above 15.50.
Comment:
Probability CHANGED TO M
Comment:
Probability CHANGED TO L