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Thanks for throwing out that gif. After working over the charts I think sugar
looks bullish. While there is a just completed strong downtrend, sugar just
moved back into a barely violated trend channel from 5/91. A 10% move up does
not appear out of reach even if the down trend were to resume.
Earl Adamy
-----Original Message-----
From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
To: Alan Sears <asears@xxxxxxxx>; RealTraders Discussion Group
<realtraders@xxxxxxxxxxxxxx>
Date: Tuesday, March 31, 1998 12:08 PM
Subject: Re: Futures EW Analysis
>Hi agian,
> I whipped up a little picture of my EW analysis for everybody showing what
>I am talking about in my last post. I have a better idea for the target
>now, at the 78% retracement area(shown) it would be about 7.65. My previous
>eyeball estamination of about 5 was a bit low.
>
>Best Regards,
>
>Brent
>
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