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Sugar not so sweet!
A good strong break of a longer time frame trendline and the 200 day SMA also came in close to that break. A nice retracement back to a key level and then closed lower.
I am short at this level. Looks like it's starting the next leg down. 12.50 area may offer some support but it looks great so far.
I am short at this level. Looks like it's starting the next leg down. 12.50 area may offer some support but it looks great so far.
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