We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of the October Sugar (NYBOT_SB.V13.E).
I hope you are having a GREAT week !
This week we will take a look at October Sugar futures.
When trading futures with the MarketClub system we use the weekly Trade Triangles to tell trend and the daily Trade Triangles for timing.
Sugar has put in a daily (not shown on this chart) and weekly green MarketClub Trade Triangle, which means the MarketClub system is long Sugar right now. Continue reading "Chart to Watch - October Sugar"