date:Nov 08, 2012
(6/18/10 and 6/29/10) - 10 percent and 23 percent lower than current prices. Conversely, should bulls be able to orchestrate a close above $19.68, it would set up a run to the next resistance area at $20.50.
A breach of that level could signify a key turning point in the trend as it would equate to a higher low and higher high. Beyond $20.50, no resistance comes into play until $21.77. Time will tell. The above analysis can also be applied to corresponding ETFs Teucrium Sugar (NYSE: CANE ) and