Sugar Prices Break 20

16 Jun in Blog, Cocoa futures, coffee futures trading, commodity consultation, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery, sugar futures

Sugar Futures--- Sugar futures in the July contract continue to move sharply higher on a weekly basis up another 30 points this Thursday in New York trading at 20.06 a pound as I’ve been recommending a bullish position over the last 2 months from around the 16 level and if you took that trade continue to place your stop loss at the 10 day low which in tomorrow’s trade will be 18.26 as the chart structure still remains poor.

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