Sugar Sinks to Sweet Trade Levels.
Sugar sinks to near term lows. As I mentioned yesterday, I expected to see Sugar get slammed this week. Today we closed at the lowest level since we entered the short trade on 12/04. I think Sugar will continue to drop until the end of the week, at which time I will be getting out. The profits are good right now, so I recommend locking in some sweetness with a stop around the 14.00 level. Good luck and happy trading!These are generally short term trades (1-6 weeks) using the most liquid front