Tag : sugar

Looking To Sell More Sugar
Looking To Sell More Sugar

Sugar Futures—Sugar futures in the July contract is currently trading at 12.04 after settling last Friday in New York at 12.65 a pound continuing its bearish momentum as I’ve been recommending a short position from the 12.25 level & if you took that trade continue to place the stop loss above the 2 week high which stands at 13.05 as…

Sell The Sugar Market
Sell The Sugar Market

  Sugar Futures–-Sugar futures in the July contract is currently trading at 12.25 as I’m now recommending a bearish position while placing the stop loss above the April 22nd high of 13.05 as the risk is 80 points or $900 per contract plus slippage and commission as the soft commodity sector remains bearish. At the present time I’m also recommending…

Are Sugar Prices Expensive ?
Are Sugar Prices Expensive ?

Sugar Futures—Sugar futures in the July contract settled sharply lower finishing down 2.53% or 32 points at 12.33 a pound looking to break out of an 8 week tight channel formation. If you take a look at the daily chart the 13.00 level was touched on multiple occasions only to fail as now they are testing the bottom end of…

Sugar Chart Looks Interesting
Sugar Chart Looks Interesting

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