Raw sugar (SB) bounced more than 2% yesterday off upchannel support (on the daily chart), closing once again just shy of the 2023 high. The near complete weekly Hammer suggests an unwillingness for the consolidation that began last week with its weekly Doji to further deepen…
Raw sugar (SB) formed a red daily Doji yesterday, remaining vulnerable to deepening in the consolidation that began last week with its weekly Doji just below the 2023 high. SB’s bull market from April 2020 is pausing, although the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) has been strong overall as seen by the current green monthly candle’s upper shadow having edged above the upper range of the April candle…
Raw sugar (SB) slid more than 1% yesterday, deepening in the consolidation that began last week with its weekly Doji just below the 2023 high. SB’s bull market from April 2020 is pausing, although the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) has been strong overall as seen by the current green monthly candle’s upper shadow having edged above the upper range of the April candle…
Raw sugar (SB) slid nearly 2.5% yesterday after struggling last week with its weekly Doji just below the 2023 high. SB’s bull market from April 2020 is pausing, although the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) remains strong overall as seen by the current green monthly candle’s upper shadow having edged above the upper range of the April candle…
Raw sugar (SB) formed a daily Doji Friday and a weekly Doji just below the 2023 high. SB’s bull market from April 2020 is pausing, although the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) remains strong overall as seen by the current green monthly candle’s upper shadow having edged above the upper range of the April candle…
Raw sugar (SB) edged higher yesterday, but remains vulnerable to further consolidation going into next week after the rejection of the current weekly Gravestone/Doji near Friday’s fresh 2023 intraday high. SB’s bull market from April 2020 is pausing, although the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) remains strong overall as seen by the current green monthly candle’s upper shadow having edged above the upper range of the April candle…
Raw sugar (SB) reversed more than 2% yesterday, with the current weekly Gravestone/Doji having been rejected near Friday’s fresh 2023 intraday high. SB’s bull market from April 2020 is pausing, although the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) remains strong overall as seen by the current green monthly candle’s upper shadow having edged above the upper range of the April candle…
Raw sugar (SB) gained another 1% plus yesterday, closing just shy of Friday’s fresh 2023 intraday high. SB’s bull market from April 2020 to April 2023 has begun extending in the past few weeks, with the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) strong as seen by the current green monthly candle’s long body edging above the upper range of the April candle…
Raw sugar (SB) formed a green daily Hammer yesterday, closing just shy of Friday’s fresh 2023 intraday high. SB’s bull market from April 2020 to April 2023 has begun extending in the past few weeks, with the bounce from just below the 38.2% Fib retrace of the November to April bull market extension and near the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) strong as seen by the current green monthly candle’s long body edging above the upper range of the April candle…
Raw sugar (SB) formed a daily Gravestone Friday, reversing from a fresh 2023 intraday high. SB’s bull market from April 2020 to April 2023 has begun extending in the past few weeks, but is poised for at least a few days of consolidation to start the week…
