Raw sugar (SB) bounced more than 0.5% yesterday, trying to reclaim downchannel resistance (on the weekly chart). SB is once again refusing to extend the slide since late January, although a higher March low versus the December low remains probable…
Raw sugar (SB) reversed more than 2% lower yesterday after getting rejected at downchannel resistance (on the weekly chart). SB is once again vulnerable to extending the slide since late January, although a higher March low versus the December low remains probable…
Raw sugar (SB) consolidated yesterday with a daily Doji, closing the week at downchannel resistance (on the weekly chart). SB increasingly appears likely to spend the next few weeks trying to neutralize the slide since late January, with a higher March low versus the December low probable…
Raw sugar (SB) rebounded more than 1.5% Friday, closing the week at downchannel resistance (on the weekly chart). SB increasingly appears likely to spend the next few weeks trying to neutralize the slide since late January, with a higher March low versus the December low probable…
Raw sugar (SB) edged more than 0.5% lower yesterday, but remains moderately likely to spend the next few weeks trying to neutralize the slide since late January. Any weekly close above downchannel resistance (on the weekly chart) will likely result in a higher March low versus the December low…
Raw sugar (SB) formed a daily Hammer yesterday, but remains moderately likely to spend the next few weeks trying to neutralize the slide since late January. Any weekly close above downchannel resistance (on the weekly chart) will likely result in a higher March low versus the December low…
Raw sugar (SB) edged lower yesterday with a daily Doji, but remains moderately likely to spend the next few weeks in trying to neutralize the slide since late January. Any break above downchannel resistance (on the weekly chart) will likely result in a higher March low versus the December low…
Raw sugar (SB) rebounded more than 3.5% yesterday, beginning to neutralize the slide since late January. Any break above downchannel resistance (on the weekly chart) will likely result in a higher March low versus the December low…
Raw sugar (SB) edged more than 0.5% lower Friday (on the May contract), and is vulnerable to testing the December low sometime by late March despite last week’s green weekly Doji. Odds are moderately high for a decisive break sometime in the next week or so below upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com…
Raw sugar (SB) edged more than 0.5% lower yesterday (on the May contract), and is vulnerable to testing the December low sometime in March despite the green weekly Doji/Hammer trying to complete. Odds are moderately high for a decisive break sometime in the next week or so below upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com…
