Doc,
Thanks for asking your question, it is a very intelligent one to ask. And your trading with the trend is also intelligent.
Obviously it is impossible to answer for someone else so I will not.
Some people(I do not) trade against the trend so as price drops they are buying; have to have very deep pockets.
Some people trade seasonally. IF that's the case you may want to learn what the seasonal is for sugar and then back check it and see if accurate enough to truly risk it.
I do know people have been wondering if sugar is stopped dropping since this past summer and even earlier in the year. Since you are intelligent and read a chart you know the answer to that.
I also know that SOMETIMES(not always) people think it's a "good" buy in sugar as the Oct contact comes to a close and that's a seasonal thing.
Keep being intelligent and prosperous trades to you!
KJB22
P.S. Would love to hear your views and experience of sugar.