Better chartist than myself...March sugar is that a cup and handle formation? Do we look to fill the gap and look for support to go long??
Thanks bcb,
Downside reversal today on the daily.
Daily 1 month chart below shows the gap mentioned by bcb.
1 year chart below. Tough resistance.
10 Year chart of sugar below shows the resistance.
Sugar did fill that gap and up up and away the last 2 days. I'm thinking of taking profit at 1709 if we can get there.