On the Daily chart of Sugar we see that price has made five blue waves to the downside, completing an impulsive structure of a higher degree. That said we think that Sugar may have found a bottom, at least temporary, because rally from the lows needs to be structured by three waves. Currently we see wave (c) in play back to the area of a former wave (iv) - 12.83.
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Happy to see you here by sharing your ideas!
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Thank you. :)
You're welcome.
Thanks for bringing Sugar on the spotlight :) Completely agree with you on the bullish signal.
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No problem. Thanks. :)
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Thanks for the counts on commodities. I am loving them
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You're welcomed.
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