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Sugar - TRAP

Sugar - TRAP

Sugar #11 ICEUSA:SB1!

Extremely tempting to buy here. Too Perfect. I think it is a trap. I would surely not short here. Let's just say that my instinct tells me it could do a large excess to complete the move down since 2011. BRL is not contradicting and shows it could have a last shakeout. A mini bounce could occur before another dive. Conclusion: buy a bit here.. square at 13.30 and wait... the great buy may be in July