In the Tuesday, August 2 Daily Futures Junctures video update, editor Jeffrey Kennedy focuses on three commodities whose price action has caught his attention: sugar, cocoa and cotton.

Jeffrey highlights for subscribers where each commodity market is likely headed and WHY -- from an Elliott wave perspective, with supporting technical evidence.

Among the three featured markets, he has been paying extra close attention to sugar futures.

Why sugar? 

Sugar's dramatic sell-off in the past few days points to the idea that it could be a very exciting market for years to come. Jeffrey gives you the gist of why:

Reason 1: "Sugar's recent sell-off penetrated a critical trendline."

Reason 2: "Evidence is mounting that we can make a case for a completed wave pattern." 

(Fully labeled chart available in the Tuesday, Aug. 2 video update)

"While the recent sell-off is suggesting a completed wave count...price action has yet to confirm our wave count. There are still a few hurdles that Sugar must overcome to confirm our outlook..."

In Tuesday's (August 2; online now) Daily Futures Junctures video forecast, Jeffrey shows you exactly what short-term hurdles sugar must overcome to conclude that a top is in place.

See -- and hear -- the sugar forecast and other top commodity opportunities on a daily basis with a risk-free subscription to Daily Futures Junctures.

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