srcontrol11

srcontrol11

Micro trend has finished and looking for a couple days to the short side. Low risk high probability.

srcontrol11

Break above Friday"s high for a "short" long trade to the upside. This is a momentum play. Tight stops; one day play for Monday.

srcontrol11

Double bottom formation Low risk

srcontrol11

Elliot wave to ABC correction/possible trend reversal. I like a long position at the "B" leg support level.

srcontrol11

Countertrend trade off of price action to the downside. Two days of sweating almost getting filled but today was the day. Locked in to break even and looking for price to retest support. Long term is still long with a buy setup at the test of support.

srcontrol11

Sugar has been in the tank on reports of exponential supply coming out of Brazil. Major moves to the downside will need to take a breath and a nice support level for profit taking is coming into play soon. I do believe that the market will continue lower but good countertrend trade setup is on.

srcontrol11

Here is a nice cypher pattern for a short at the D point. Look to take profits at the .382 retracement

srcontrol11

The current price has risen to the .786 Fib level of the current move down. If it holds we can see a massive move down through structure lows down to the 12.30 level. I really like the short here. Early entry would be anywhere within the previous price bar. Conservative entry would be a break below the 13.93 level of structure low.