Sugar has been rolling higher ever since my bottom call,and has hit my trgt price of 1825-1850.
Still own half a sugar position and will be waiting for a retrace of the prior move higher down to the 1774 area as I believe we are going much much higher longer term. New positions will be taken in mrch contract and further out.
Corn- was a bit early as you are aware on my corn call as we are still in
a "c" wave that could reach as low as 378. Still holding longs from the 470 -490 area.
Crude -dec contract has retraced enough to complete a 4th wave lower with
The 5th wave higher to come. A push below 97.50 would invalidate the current count.
Trgts are 112-115 and possibly higher to 124. Current positions long from 101.50 and 100.00
Good trading and as always " I have no clue where these markets are going"
CK.
If any would like counts on other mrkts feel free
To drop me a note.