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Tuesday, 22 May 2018

Sugar: 22 May 2018, Tuesday, 12.30am Singapore Time

22 May 2018, Tuesday, 12.30am Singapore Time
(Click on Technical Chart above to Expand)

Attached above is the technicals for Sugar. The selling is getting dry and sugar is currently at very long term major support (double black trend lines). Sugar has finally arrived at the major support zone of back-testing where risk of longing is low and reward of longing is high, i.e. reward-risk ratio is substantial and rewarding. I am bullish on commodities.

Long term investors may like to look into Sugar ETFs for buying/investing.

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