sugar future trade idea – cullen outlook – formation finder
This is a sample of Brian’s email newsletter, The Cullen Outlook.
This is from the Formation Finder portion from June 21st.
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FORMATION FINDER:
Good Morning—
October SUGAR:
(SB-MV7)
Looking back at the last few rallies in the Sugar market, all of them should have been sold.
The 2 days of this week was hard a “rally” but it feels as if this market breaks below 13.50 it has another leg lower….do you see that too?
I look for this market to continue stair stepping lower and riding this trendline through 13.00
Risk would be just above yesterday’s high?
TRADE IT WHEN YOU SEE IT!!!
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