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TFC Commodity Trading Forum

Sugar trade update. (Dirt)

Hey sorry for not updating on the sugar trade. All ya have to do is shoot me a message.…. My bullish count of sugar is still
In effect as the new low in the oct doesn't alter anything!!!! The weekly chart shows what appears to be
As I stated before a ABC correction from the high of 36.08 to 20.40 for an A wave. 20.40 to 31.85 for the B wave and finally from 31.85 to present @ 16.14 for the C wave. ( I believe the low was 16.02) This right now is a perfect zig zag where A=C. I am still long as of right now from
16.80 oct . Now , I really would enjoy a bounce to 18.25-18.50 to get out of this wave 3 of the c-wave down in which we have just the 5th wave down to complete the formation.Which I believe is not that far off. First we need the bounce! (P.s. I am no guru and have no idea where price will end up. I follow my tech trading numbers.
Unfortunately I have to take losses just as everyone does. Trade within you means!!!!

Good trading
CK.