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TFC Commodity Trading Forum

sugar update

since i last posted sugar bounced nicely off the 1625 ( my earlier trgt for the completion of the3rd of the c-wave and a full corrective wave 4 would be around the 18.25-50 area basis oct contract. I will be looking for the 5th wave lower to finish up this C corrective wave. there is a good possibility that this final wave down could truncate.

still holding longs from 1680 per the oct contract

good trading
CK