![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjl2Rf8IdLBZ7m9ZizCkVumYRvzza6aM5HFmwW-f2Tw1bvee0SFN8lIHyZVg7U6VDa53tS1rFuD8PS3X3zrWd6NIEOJ7u0Xo-nsnvr3KBFnX067UqdH9DPddLW-6POOHTFnPhYgsFsGiuo/s400/sc.png)
From Aug. to Dec. it consolidated between 62 and 67.5, and now it is at 67.5.
I understand the short-term concern regarding too much sugar coming from Mexico, but technically SGG looks interesting here.
If a more conservative approach is desired, and play off the 200 SMA is the most likely area for a nice bounce.
I will look to play it at the 200 SMA.
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