Raw sugar (SB) slid more than 1% yesterday, closing around the breakout above downchannel resistance (on the 4hr chart). SB is once again somewhat vulnerable to resuming the healthy profittaking from the July high just above the psychologically key 25 whole figure level…
Raw sugar (SB) gained more than 1.5% Friday, reversing most of the prior week’s losses and halting the healthy profittaking from the July high just above the psychologically key 25 whole figure level. SB’s 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) is once again seeing upward momentum, with the August candle now green….
Raw sugar (SB) gained more than 1% yesterday, and is trying to complete a green weekly Doji and halt the healthy profittaking from the July high just above the psychologically key 25 whole figure level. Nevertheless, SB’s 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 reversed more than half its gains, with the August candle still red…
Raw sugar (SB) rebounded more than 1% yesterday, trying to form a green weekly Doji and halt the healthy profittaking from the July high just above the psychologically key 25 whole figure level. Nevertheless, SB’s 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 reversed more than half its gains, with the red August candle threatening to unravel the July gains…
Raw sugar (SB) slid more than 1% yesterday and remains vulnerable to further healthy profittaking going into mid August continuing the reversal from the July high just above the psychologically key 25 whole figure level. SB’s 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 reversed more than half its gains, with the red August candle threatening to unravel the July gains.
Raw sugar (SB) formed a green daily Doji yesterday but remains vulnerable to further healthy profittaking going into mid August continuing the reversal from the July high just above the psychologically key 25 whole figure level. SB’s 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 reversed more than half its gains, with the red August candle threatening to unravel the July gains…
Raw sugar (SB) slid more than 1% Friday and is increasingly vulnerable to further healthy profittaking going into mid August continuing the reversal from the July high just above the psychologically key 25 whole figure level. SB’s 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 reversed more than half its gains, with the red August candle elongating…
Raw sugar (SB) slid more than 0.5% yesterday and once again, appears somewhat vulnerable to further healthy profittaking going into mid August continuing the reversal from the July high just above the psychologically key 25 whole figure level. SB’s 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 reversed roughly half its gains, with the August candle now red…
Raw sugar (SB) gave back more than 0.5% yesterday and once again, appears somewhat vulnerable to further healthy profittaking going into mid August continuing the reversal from the July high just above the psychologically key 25 whole figure level. SB’s 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 reversed nearly half its gains and no longer bullishly extends above the June monthly candle body upper range…
Raw sugar (SB) bounced another more than 1% yesterday but remains somewhat vulnerable to further healthy profittaking going into mid August continuing the reversal from the July high just above the psychologically key 25 whole figure level. SB’s 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 reversed nearly half its gains and no longer bullishly extends above the June monthly candle body upper range…
