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
Sugar (sb) macro BULLISHHHWe broke bullish market structure on higher time frame. Price is making higher highs and we are currently at the best risk rewards area. Previous low of $17.20 must remain untapped for bullish continuation. If we do break $17 then most than likely we’ll be expecting a retrace towards the $14 price r
Buy Sugar market on open. Stop at: 18.41, tgt at 20.36Looking for a short term reversal to the upside on Sugar. Buy Sugar market on open. Stop at: 18.41, tgt at 20.36
Sugar Futures Falling WedgeI think that the indicator I have developed is working really well in sugar futures. From this point of view and due to the fact that sugar futures have a wedge, I think that there is an initial upside potential of 7% and then if the wedge is broken, I think that sugar futures can go up to $23.
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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.
Analyze a symbol's price movements over past years with our seasonal tools, helping you spot repeating annual trends and better gauge potential market patterns.
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Frequently Asked Questions
The current price of Sugar No. 11 Futures is 22.39 USX / LBR — it has risen 0.67% 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 36.94 K. Track more important stats on the Sugar No. 11 Futures chart.
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 359.77 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 buy, 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.