Sugar: Triangle Pattern Suggests An Immediate Upmove...

30 Eyl 2017

... then a downmove to new lows. Comments on the chart.

2 Eki 2017

Not

The upmovve today more or less confirms the idea. Now I am looking for more upside but the big money according to my idea is the ensuing downside move. This, because we are in wave (e) of a triangle can start from anywhere from here.

5 Eki 2017

Not

plan is playing out as expected. I am now on the lookout for a reversal that would carry price to new lows. A break out of the triangle structure to the upside would negate the idea

7 Eki 2017

Not

With last Friday's move the expected wave (e) might be done. If it is then all we have to look forward to is lower prices from here to new lows

10 Eki 2017

Not

price moved up today but the idea is still in play for a move to new lows. As long as .1450 is not broken on this chart I am still looking lower