Time for SUGAR (commodity) international prices to cool down?

Weekly chart, SUGAR commodity has broken down support line # 2, and is heading towards #1 at around 17.12
Below that, the next target price will be 10.67

Another scenario is to rebound from Support # 1 towards 21 then 23
MACD indicator went negative, while RSI is getting into the buy area

Zlecenie aktywne:

I was just asked about my update regarding the current direction --
The last candlestick is not complete - we need a clear closing above the support # 2 line (one or 2 weeks) to confirm the rebound and change of direction.

Zlecenie aktywne:

Trading at the current price level is not recommend; until we have a direction confirmation. Good luck :)