08/18/2014 – Sugar

Oct. sugar:

1. In yesterday’s (Monday, Aug. 18) Williams edge live meeting, Oct. sugar, (then trading $15.72) was forecast to decline to $15.57/$56 (or lower).

2. In today’s (Tuesday, Aug. 19) session Oct. sugar completed the $15.57/$56 downside target (today’s session low, $15.52, so far).

3. Any self-directed trades taken upon yesterday’s update exited the majority of their position at/near the $15.57/$56 downside target. A daily close above $15.57 is the stronger position, short-term. Will message any further entry or indication in Oct. sugar.

David Williams