Sugar Vulnerable
Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.
There’s not too much to look at again tonight.
On the short side, March sugar
(
SBH2 |
Quote |
Chart |
News |
PowerRating) looks like it has the potential to
continue its rollover.Â
Looking Ahead
It appears that the energies are waking up, rallying sharply from low levels.
We could see setups here soon on the first pullback.
Best of luck with
your trading on Wednesday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
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