Sugar #11 seems to have fallen into a descending wedge pattern

Wait 5 sec.

Sugar #11 seems to have fallen into a descending wedge patternSugar No. 11 FuturesICEUS_DLY:SB1!hoolioAfter falling through support at around 15.3 cents (assumed C/S Brazil ethanol parity?), spot #11 seems have fallen into a descending wedge pattern, whiplashed by developments in the Straits of Hormuz but so far the descending wedge pattern remains unbroken.