Watch out with that number. The real last resort support after breaking through to new price discovery’s is previous decades long prior resistance.
Even so they want it down to try to technically signal a top and reversal And if they can’t do that try to signal a not able to reach 3 digits by next year. Even so in the face of supply and demand shortages China would use higher prices there to lower prices here to continue to accumulate from the hand to mouth thinking easy money traders like sugar to flys continuing to accumulate to corner the market while halting their exports. So would that be a fake out and get people to sell.. to them?.
