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TheCommoTrader

Is it a good time to sell some Sugar

Short
Sugar No. 11 Futures (ICEUS:SB1!)  
TheCommoTrader  
ICEUS:SB1!   Sugar No. 11 Futures
Trend Analysis Supply and Demand Chart Patterns investplus commodity commodityfutures Sugar sellinmay
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trendanalysis supplyanddemand chartpattern investplus commodity commodityfutures sugar sellinmay
The buying spree at 17/05 NY open didn't make the market move very much. Instead, it creates volatility in the Sugar market. Therefore, I believe the Bulls are just not there to defend the market and a breakout should occur soon.

Trailing Stops should be used when the price hits 16.62.
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