
Raw sugar (SB) bounced almost 3% yesterday, closing back above the psychologically key 25 whole figure level and October low after briefly breaking below it. The monthly Hammer suddenly forming suggests now low odds for the December candle to lengthen and retest by January sometime, the 23.6% Fib retrace of the bull market since May 2020 (as seen easier on a monthly chart on tradingview.com) near 23…