Sugar Prices Up 7th Day

13 Nov in Blog, coffee futures, commodity trading, cotton futures, futures trading, Mike Seery, orange juice futures, seeryfutures, sugar futures

Sugar Futures--- Sugar futures in the March contract are trading higher for the 7th consecutive session up another 8 points at 15.04 a pound continuing its bullish momentum as I was recommending the original trade from around the 14.57 level and then recommending to add on last Friday around 14.90 and if you took those trades continue to place the stop loss under the 10 day low standing at 14.15 as the chart structure will also improve 2 days from now.

In my opinion I think sugar prices are looking to retest the September 15th high of 15.20 & if that is broken I think we can head up to the August 1st high of 15.82 as a longer-term bottom is in place as I think the bullish trend will continue in the short-term.

Sugar is trading above their 20 and 100 day moving average as the trend is higher as the volatility still remains very low despite the fact that we rallied 7 straight days, however prices have only moved up about 75 points as I think the volatility will start to increase down the road.

At the present time this is my only soft commodity recommendation as I'm very close to entering into a bullish coffee trade which could possibly be activated today so stay long & continue to place the proper stop loss as I still think there's room to run to the upside in sugar






If you are looking to contact Michael Seery (CTA—COMMODITY TRADING ADVISOR) at 1-630-408-3325 I will be more than happy to help you with your trading or visit

Skype Address: mseery TWITTER---@seeryfutures



If you’re looking to open a Trading Account click on this link


There is a substantial risk of loss in futures and futures options. Furthermore, Seery Futures is not responsible for the accuracy of the information contained on linked sites. Trading futures and options is Not appropriate for every investor.

Home  | Privacy Notice | Risk Disclosure | Contact Us

Trading Futures and Options on Futures transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Past performance is not necessarily indicative of future results.

Trading results obtained by a client while trading a demo account may not be indicative of the results obtained
when trading a live account due to the fact that trades are not sent to a regulated exchange but they are sent
to a simulated off-exchange server.

© 2017. Seery Futures. All Rights Reserved.