Sugar is a good example of the strongly trending asset type mentioned above. It has been trending lower since early October of 2016. Not ever correcting in the technical sense. It did move in a range from June 2017 to January 2018 only to continue its steady decline. This is the type of trade one enters in such turbulent times. It is strong, persistent and reliable. We set out profit exit points today at between 11.91 and 11.58 with stop losses between 12.51 and 12.88. This trade is good for the near to long term.
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Analisi Giornaliera - 05/04/2018