Olu
Long

Sugar: Looking For Support And An Upmove

ICEUSA:SBV2016   Sugar #11
45 0 6
Comments on the chart
Comment: plan is still in play...
Comment: More upside action today as expected...
Comment: it looks like wave 5 is now in progress. Eventually price should climb above 21.22
Comment: More upside action was seen today. Bullish idea still in play
Comment: (3) is now being tested. According to my EW count it is only a matter off time before it is gone
Comment: Price is battling with the 21.22 wave 3 top. Price was slammed down today. No real technical damage right now so the idea is still on
Comment: idea is still on despite the downmove on friday
Comment: sideways price action again this week. Not feeling this right now. Come breakout come
Comment: same old same old sideways price action today.
Comment: Nice upmove yesterday. A breakout will take us towards 22.00. After that according to my EW projections there will be a huge downside
Comment: unexpected move today. However no technical parameters were broken so the upside breakout is still the target
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