April 26, 2017
Sugar has moved lower for twelve straight weeks as of April 25 and the sweet commodity is trading at the bottom of the 16-17 cent trading range on the July ICE futures contract. In my latest article for Seeking Alpha, I explain why the odds favor a breakdown to the 14 cent level next and how sugar has been trading in a pattern since October which if repeated means the next new low could be coming very soon.
Article: Sugar Probing Lower
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