Has pulled back to support at the 17.66 level. This one moves around like a bucking bronco. I am only game to trade one contract.
The Indians released a sh*t load of sugar to market yesterday, hence the fall last night. I think that this is a momentary fall, and should be re testing the highs soon enough.
The funds control the market, and it is a matter of pre empting their moves.
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- anyone long on sugar.