Support and Resistance Trading Forum

Re: October Sugar
By:Erich
Date: 8/24/2011, 11:12 pm
In Response To: Re: October Sugar (Linda)

Technically nothing. With a countertrend you're expecting a larger move versus a "normal" pullback in price. We got the retest of support at 3000 Wednesday, now comes the big test. If prices move lower we'll be sellers, if it looks like support is coming back in we might be (cautious) buyers.

Erich

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