SB Sugar turning neutral in light of bearish engulfing
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Turning neutral and watching closely. I think good entry for e retracement IMHO
- RSI & Stochastik with bearish indications and market is very overbought. - bearish engulfing and hanging man (confirmed with bearish engulfing) - spreads have been weak the last three days already indicating a trend change
I am neutral with a bearish bias, but need more confirmation IMHO