day trade ideas – bund & sugar – 13/08/13
Sugar has completed the bullish inverse head & shoulders pattern which could see prices drive higher in the next 2-3 months. We broke above the neck line & 100 day moving average at 17.00/02 to ultimately target 18.00/18.25. If we can hold above 17.15 we should now target 17.48/52. We should look overbought in the short…