Sugar Beaten Down Commodity Ready for Turn (CANE)Sugar , the commodity has been in a prolonged downtrend for some time now.
The Sugar ETN CANE offers one the opportunity to go LONG Sugar,
at extremely discounted and washed out price.
As a completely contrarian play.....
CANE LOW on 8/2/18 at 6.75, looks to me to be a WASHOUT LOW. USE that as a STOP,
Begin to accumulate. Long Trade. Upside Target; To Be Determined.
THE_UNWIND
