Sugar Sell
As I was taking another look at Sugar, I realized that a bull flag (my previous analysis) is now out of the question and a symmetrical triangle has now broken down. The initial measured move target was hit about a week after the breakdown occurred and price has just pulled back to a horizontal resistance area just below the triangle. This area has now been rejected twice by two shooting starish candles and I'm now short. My target is just above the larger expanding triangle where the previous leg up stemmed from.
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