Tag: Sugar

Raw sugar (SB) bounced more than 0.5% 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 half its gains and no longer bullishly extends above the June monthly candle body upper range…

Raw sugar (SB) slid more than 2% Friday and remains vulnerable to further healthy profittaking going into August continuing the reversal from last Monday’s fresh July intraday 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 half its gains and no longer bullishly extends above the June monthly candle body upper range…

Raw sugar (SB) edged higher yesterday but remains vulnerable to further healthy profittaking going into early next week continuing the reversal from Monday’s fresh July intraday high just above the psychologically key 25 whole figure level. SB’s strong 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) no longer bullishly extends above the June monthly candle body upper range…

Raw sugar (SB) slid more than 1% yesterday and appears vulnerable to further healthy profittaking in the next day or so on the reversal from Monday’s fresh July intraday high just above the psychologically key 25 whole figure level. SB’s strong 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) no longer bullishly extends above the June monthly candle body upper range…

Raw sugar (SB) slid almost 1% yesterday and appears vulnerable to further healthy profittaking in the next day or so on the reversal from Monday’s fresh July intraday high just above the psychologically key 25 whole figure level. SB’s strong 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) no longer bullishly extends above the June monthly candle body upper range…

Raw sugar (SB) edged down with its daily Gravestone yesterday reversing from a fresh July intraday high just above the psychologically key 25 whole figure level. Nevertheless, SB’s strong bounce from just below the 38.2% Fib retrace of the November to April bull market extension dramatically increases odds that the long green monthly candle body rebounding off the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) will extend higher above the upper range of the June monthly candle body…

Raw sugar (SB) surged another near 1.5% Friday, closing at a fresh July high and just above the psychologically key 25 whole figure level. SB’s strong bounce from just below the 38.2% Fib retrace of the November to April bull market extension dramatically increases odds that the long green monthly candle body rebounding off the 23.6% Fib retrace of the April 2020 to April 2023 bull market (as seen easier on a monthly chart on tradingview.com) will extend higher above the upper range of the June monthly candle body…

Raw sugar (SB) surged another near 2% yesterday closing at a fresh July high above the Jun 6 low. SB no longer appears likely by month end to slide back below the 38.2% Fib retrace of the November to April bull market extension…

Raw sugar (SB) bounced almost 1.5% higher yesterday closing near the July high and Jun 6 low. SB no longer appears likely by month end to slide back below the 38.2% Fib retrace of the November to April bull market extension…

Raw sugar (SB) edged higher with a daily Doji yesterday, trying to halt further healthy profittaking after forming a fresh July high and reclaiming the Jun 6 low. Odds are moderately low for a slide in July back below the 38.2% Fib retrace of the November to April bull market extension….