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Re: Futr - Sugar Updates



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OkieDame wrote:

> But, Jeff...how do we (uninitiated) interpret this?

OkieDame:

The REASON of the 'enormous' .gif is to give PERSPECTIVE to traders who
use Elliott Wave.  Having said that, the only portion that you should be
concentrated is on the recent downmoves after the break down of the
long-term channel.  The recent formation of sugar is a triangle, as
being pointed out by Mr. Stig Oluausson from a private post.  I tend to
lean towards one more five-wave down to complete wave (3).  Please also
study Mr. Alan Sears' alternate interpretations of this market as well.
Regards.

Have a good one
Jeff Harteam
Hong Kong