Raw sugar (SB) edged higher Friday, closing last week just above Wednesday’s fresh 2024 low and the lowest level since January 2023. SB is likely to see further short covering early week as it tries to bounce off descending wedge support (on the weekly chart)…
Raw sugar (SB) edged higher Friday, closing last week just above Wednesday’s fresh 2024 low and the lowest level since January 2023. SB is likely to see further short covering early week as it tries to bounce off descending wedge support (on the weekly chart)…
Raw sugar (SB) edged higher with a daily Doji yesterday for its 1st green daily candle in 10 days. Despite yesterday’s bounce off Wednesday’s fresh 2024 low and the lowest level since January 2023, SB has decisively broken the upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com with odds elevated for a test of the 50% Fib retrace of the April 2020 to March 2023 bull market top by month end…
Raw sugar (SB) slid another 1% plus yesterday for its 9th straight red daily candle. With yesterday’s fresh 2024 low at the lowest level since January 2023, SB has decisively broken the upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com…
Raw sugar (SB) slid nearly 1.5% yesterday and has now completed 8 straight red daily candles. With SB at a fresh 2024 low below the December low, SB has decisively broken the upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com…
Raw sugar (SB) slid more than 1.5% yesterday and has now completed 7 straight red daily candles. With SB at a fresh 2024 low near the December low, SB has decisively broken the upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com…
Raw sugar (SB) slid more than 6 straight days Friday, closing around the 2024 low after briefly breaking below it intraday. SB has broken the upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com, with odds elevated for a fresh 2024 daily closing low this week…
Raw sugar (SB) slid more than 2.5% lower yesterday, closing just shy of the March low. With SB back below prior downchannel resistance (on the weekly chart), and arguably breaking the upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com, odds are elevated for SB to form a fresh 2024 low in April…
Raw sugar (SB) edged lower yesterday after getting rejected at prior upchannel support (on the 4hr chart). With SB back to prior downchannel resistance (on the weekly chart), odds are elevated for a breaking by next week sometime of the 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 lower yesterday with a red daily Doji, closing below upchannel support (on the 4hr chart). With SB back to prior downchannel resistance (on the weekly chart), odds are elevated for a breaking by next week sometime of the upchannel support connecting the lows of 2020 and 2023 as can be seen on a monthly continuous chart on tradingview.com…
