Today’s featured market is the October Sugar. After failing at the long term down trend (A), the market has corrected down to the Trend Average (B). The Momentum Indicator is turning negative. If the Sugar closes below the Trend Average, look for a retracement objective down to the intermediate up trend near 20.25 (C). Sell the October Sugar at the close if the close is less than 21.35.
Art Liming
