The sugar 11 was drop out from the consolidate phase yesterday and closed below the 21 support level. The bearish engulfing showing the strong selling pressure and the next support level 20 seem vulnerable even though the recent uptrend still intact. We would rather choose to wait for the further confirmation of either short or long signal. The RSI show the sugar price is now moving into the downtrend territory and all we have to do is awaiting for the further confirmation break down from the 20 support area.
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