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Sugar11 recent price history

By LEONES
Updated
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.
Note
Probability CHANGED TO M
Note
Probability CHANGED TO L
Beyond Technical Analysis
LEONES
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