Sugar Near 2 Week Low On Sharp Sell Off

28 Sep in bear put spreads, Blog, bull call spreads, call options, Cocoa futures, coffee futures trading, commodity trading, commodity trading rules, futures broker, lumber futures, managed futures, managed futures accounts Cotton futures, Michael Seery, milk futures, options broker, orange juice futures, put options, Seery, Seery simulated trading, sugar futures

Sugar Futures-- Sugar futures in the October contract collapsed this Friday afternoon finishing down 66 points to trade at 16.85 after hitting a 4 1/2 month high in yesterday’s trade as it looked to continue its bullish momentum, however coffee and sugar got hammered to the downside today as profit taking sent sugar prices right near the 10 day low of 16.74 settling at 16.86 and I’ve been recommending placing stops at 16.74 so if you’re

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