date:Dec 14, 2012
g-term moving averages and the slope of the moving averages are negative. As of now, there are no impending signs of a trend change, Mr. Gabriel explained.
The 200-day moving average currently lies at 21.52. The sugar contract is trading well below that major moving average, which trend following traders generally interpret as a negative sign.
The nine-day relative strength index, or RSI, a widely watched momentum tool is trending lower, currently at 33%.
On the upside, Mr. Gabriel did pinpoi