Sugar!!If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.
Contract highlights
Bullish Suger futureI´ve made an analysis on Suger future.
- We have a premium in the contracts where the current contract is more expensive than the next contract.
- We have a seasonal tendencie for bullishness during december
- The tecnicals follows the seasonal tendencie chart so long and if we close above the week
Sugar prices headed higher!Technicals align for sugar prices going higher. After the rally, price entered a consolidation.the next break out to the upside is going to much higer territory
Is Sugar Sweet Enough? ICEUS:SB1! Price is making lower highs and lower lows. Blood incoming??
For any risk adverse traders there is a short trade entering as close as possible to $23 and targeting $20's. Price action is showing weakness short term and remember....
RETRACES ARE COMPLETELY NORMAL!! Just benefit from th
Sugar HUGE GAINS - Macro bullish flip ✅ +19% partial profit taken at market price. Beautiful bullish reversal.
Ideally if we break above $23 we should be long and strong macro. So far, the weekly chart looks extremely bullish.
SUGAR SB1! (ICE) Long D1Buy @ 19.97
S/L @ 17.44
T/P1 @ 25.02
T/P2 @ -------
R.R.R. @ 1/2
Pure Price Action Trading based on Breakout Key Level.
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Sugar Potential Long as we realize we have divergence on fund managers in red
commercials are at their highest and price went up heavily before when they were at this level
retailers in green super bearish
we see and impulsive move on daily chart and a gap created
waiting for this gap to be filled and entry on lower
Fundamentally Setup Markets For This WeekI have identified the following markets are "set-up" for moves of some significance.
This video goes into the fundamental reasons for these trade ideas.
NOTE: I am not looking to go long/short these markets immediately. I will wait for a change in trend on the Daily to get involved with these mark
Sugar heading for multi-year lowsIs easy to see that the $20 zone is key for sugar, the price broke below it in April and it has not been able to come back above
The price has dropped more than 36% since it peaked in November of 2023 and this week just made a new 52-week low
The next key level is at $17.50, the daily chart alrea
SBV2024 - Sugar No 11 Futures Long position
Buy limit at 17.88 - 18.38, stoploss 17.70. take profit 19.88
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Sugar No. 11 Futures is 16.62 USX / LBR — it has fallen −0.24% in the past 24 hours. Watch Sugar No. 11 Futures price in more detail on the chart.
The volume of Sugar No. 11 Futures is 66.00. Track more important stats on the Sugar No. 11 Futures chart.
The nearest expiration date for Sugar No. 11 Futures is Sep 30, 2027.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Sugar No. 11 Futures before Sep 30, 2027.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Sugar No. 11 Futures this number is 2.24 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Sugar No. 11 Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Sugar No. 11 Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Sugar No. 11 Futures technicals for a more comprehensive analysis.