I Remain Bearish Sugar Prices

19 Aug in Blog, Cocoa futures, coffee futures trading, commodity consulting, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Sugar Futures--- Sugar futures in the October contract finished down 14 points this Wednesday afternoon in New York at 10.59 a pound as I’ve been recommending a short position from around the 11.50 level and if you took that trade continue to place your stop loss above the 10 day high which currently stands at 11.00 as the chart structure is outstanding at the current time which means the risk/reward is highly in your favor in my opinion.

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