23rd Jan - Sugar Bears Lose Momentum
23 January 2015
WEEKLY CHART –
CONTINUATION:
The falling support line has been
effective so far, and the latest slip
back held above this…
DAILY CHART – Mar-15:
Following violation of the falling
resistance line the recovery has
now seen initial violation of the
bear channel top, indicating loss
of downward momentum. Price
now needs to push through the
16.27 38.2% retracement in order
to confirm a better recovery phase
is under way.
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18th January - The collapse in Oil