Short
Sugar not so sweet!
A good strong break of a longer time frame trendline and the 200 day SMA also came in close to that break. A nice retracement back to a key level and then closed lower.
I am short at this level. Looks like it's starting the next leg down. 12.50 area may offer some support but it looks great so far.
I am short at this level. Looks like it's starting the next leg down. 12.50 area may offer some support but it looks great so far.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.