My latest bearish signal for sugar was on 12 March 2016.Since then price of sugar dropped by 0.66%.In the last 2 weeks we got a total number of new long contracts opened for this commodity(18,804) vs total number of old short contracts closed for it(32,643) and a Pearson correlation coefficient of -0.94 which means a strong bullish signal for this commodity.Therefore I expect price of sugar to rise in the next days/weeks.Check my strategy and trackrecord2016 file on my free websites:
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