We have updated our privacy policy and terms & conditions. Find out more here.

US Sugar No11 Futures - Oct 14 (SBV4)

Add/Remove from a Portfolio  
16.69 -0.26    (-1.53%)
14:57:45 GMT - Real-time CFD Data. Currency in USD ( Disclaimer )
Type: Commodity
Group: Agriculture
Unit: 1 Pound

  • Prev. Close: 16.95
  • Open: 16.92
  • Day's Range: 16.63 - 16.93
Trade Now
  24Option AVA Plus500 Markets XForex
US Sugar No11 16.69 -0.26 (-1.53%)
Add/Remove from a Portfolio  
Trade Now
  24Option AVA Plus500 Markets XForex

US Sugar No11 Contracts


Add a Comment


Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

US Sugar No11
Are you sure you want to delete this chart?

Latest US Sugar No11 Comments

mark w
mark w Jul 29, 2014 08:11AM GMT
if price turns up from here (16.87), expect it to top 17.43 before resuming downwards movement. Otherwise next target (below 16.87) is 16,76 (fib 50%).

Joakim Ha
Joakim Ha Jul 24, 2014 12:44PM GMT
Thanks Mark !. . Fundamentaly sugar is bearish and industry struggling with low profitability in Brazil and consolidates slowly, incoming rains higher than usually may take crushing down and. price shortly up. Can you provide a technichal view with historichal checks for MA&EMA.. Try to go long as market expect lower prices and has stoploss @ 16.86.. Rgds/Joakim
mark w
mark w Jul 24, 2014 01:29PM GMT
Hi Joakim, am an Elliott Wave technician. EW believes the main impetus for any market is investor sentiment en mass - i.e. human crowd emotions, like shoal of fish, which has its own recognizable patterns of behaviour and not entirely dependent on real world events. All EW technicians do is look for recognizable patterns in price. As such my language is EW, whether historical or current. The language of historical MA/EMA is more your speak than mine so apologies but am unable to assist further. . My EW historical perspective is that negative sentiment reached an extreme at 14.70 and turned positive. It climbed in a predictable pattern of 5 waves and will now countertrend in a pattern of likely 3 waves to fib 61.8% at 16.30 aprox? If I see any deviation from that larger pattern I will publish. The smaller and varied patterns taking place are not important to me as I stand aside and wait for the predicted return to bullishness. After which one can remain invested for a longer period. Short term trades require much observation and analysis and apologies, but I am lazy. Warm regards, Mark
Joakim Ha
Joakim Ha Jul 24, 2014 02:25PM GMT
OK Mark !. . Yes agreed, more laidback to have a longterm view, but still issue remains. when is this market ready for a recovery ?. Looks loke politics also is a major part of the game, oil versus ethanol and assistance to farmers from governemt etc. . Interesting to follow :) bur certanly requires patience !. //J
mark w
mark w Jul 24, 2014 05:03PM GMT
Hi Joakim, EW uses fibonacci relationships between time to rise and time to fall. Was about 21 or 20 weeks rising and so far only 5 weeks falling, which is very short time and only about 25% (when 0.682% would be a more normal time frame at nearly 14 weeks). So realistically, probably another few weeks if not a couple of months before impulsive bullishness returns? - Given price has retraced between 38.2% and 50% so far, we may only be seeing the ending phase of an 'a' wave in an 'a', 'b', 'c' correction (down, up, down), where 'b' will take price higher, perhaps to the 18.00 area, before the correction finally heads down to end lower. Certainly there could soon be reason to go long for a week or two if the bearishness tapers off? Personally am keeping my eye on fib 50% @ 16.76 for a possible turn. But is not impossible for sentiment to carry us lower and then to return to bullishness in short term, just statistically unlikely. Ultimately is all a gamble with 'indicators' and 'gut feelings' to rely on. Or fundamentals if you prefer, but mostly they appear just as unreliable as other methods. Best wishes, Mark

mark w
mark w Jul 22, 2014 11:11AM GMT
At this point sugar has retraced fib 61.8% of the fall from 17.77 and headed lower again. In Elliott Wave terms, if this rise in price was a minor second wave, then a 3rd wave down would be indicated by increased momentum to below 16.87. This would place the market closer to the expected reversal point (16.27) and return to bullishness.
Joakim Ha
Joakim Ha Jul 22, 2014 04:55PM GMT
Hello Mark !. Thanks for updates, as a technical trader can you look at 5hours chart and MA20 (Movingaverage 20). and EMA8 (exponential moving average 8), simply when crossing lines buy or sell, think this looks nice for sugar but dont have system to analyze historical profits and to optimize moving average data ?. Recently this system gets a buy signal.. . //Joakim
mark w
mark w Jul 22, 2014 09:06PM GMT
Please keep us posted on this Joakim, the buy and sell signals, I would be interested to see how it works out. I do sometimes look at MACD, which is similar. But I only tune into sugar for a few minutes each day, so if you post I will pay attention. Regards, mark
Joakim Ha
Joakim Ha Jul 23, 2014 07:50AM GMT
OK !. Its not advanced but can be helpful, you may use more indicators. to get a more reliable system.. Attached chart with MA & EMA.. //Joakim.
mark w
mark w Jul 23, 2014 08:51AM GMT
Ok, thanks Joakim. Just googled 'ema' so as to understand, and they liken ma/ema to MACD which I look at sometimes. Think I will look at ma/ema over longer timeframes also to see if they converging or what they doing. But please keep us posted if you see anything interesting. I like to hear what people think. Rgds, M
HY Lo Jul 24, 2014 01:40AM GMT
Thanks Joakim and Mark for sharing. For the MA&EMA signal, right now is sell signal.
Show more replies (2)
Show more comments
Are you sure you want to delete this chart?

Successfully Reported

Thank you. This comment has been flagged for a moderator.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.