mjhillpp

SB Sugar turning neutral in light of bearish engulfing

ICEUSA:SB1!   None
Turning neutral and watching closely. I think good entry for e retracement IMHO

- RSI & Stochastik with bearish indications and market is very overbought.
- bearish engulfing and hanging man (confirmed with bearish engulfing)
- spreads have been weak the last three days already indicating a trend change

I am neutral with a bearish bias, but need more confirmation IMHO
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.