Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

US Sugar #11 Futures - May 24 (SBK4)

Real-time capital.com
Currency in USD
Disclaimer
19.80
+0.21(+1.07%)
Closed

US Sugar #11 Futures Discussions

short moving as expected, if as i see it, we should see 22.50 - 22.70 and buy
Im adding a 4th short at 24.33. Avg around 24.40 for July expiry
Short term breath due, overall still bullish picture but can buy at lower prices
@Francesco Ammirata ,Sir will it go down from here or up only i have a sell @ 23.59.Shall i hold or close plz help me
Out if all sugar longs and do small short
👍
good luck to you
i am going small short here 24.45 for a quick drop, stop above 24.72
hell take off! almost blew me a way! although I'm still in danger!
possible sugar give bearish movement up to 23.30 and then continue up trend
all drop is finished! new uptrend wave in 2024
32
not so sure. If well India will cut exportations, in the other hand, Brasil and Malasia (I think), I read they produced record high of sugar output, that they can flood the market. but I'm not 100 % sure of this opinion.
no way, maybe strong later this year, short term 24 _25 should contain before another leg at 21_22
Seriously 32? Theres no chance. Love to see 24.50 myself.
i will buy 22.10 to 21.85 if seen
As soon 24.00
Closed longs 21.64 to 22.43, will go long again on weakness if seen
23 on the cards, it has bottomed below 21
is it going to 28 ?
not in the short term
Not really because below 20 was tested three times for a few days, and classic it bouced back stronger. Now its better to buy dips, i think 23-24 will come
Can ee get big minus under 20?
looking good today, back to bull zone
Today small long again 21.64
Volumes still light
Its all about oil price. Sugar lock step with oil again.
Come on sugar. Hold and add to the gains! Inpredict a steong close today rather than these weak session endong fades. GL all.
Important to keep this area today, we will see after us CPI release
Back to longs in the 21.3-40 area
Back to 10
What for?
Im staying in the long position to see 23
Sounds dangerous, as oil dropped price, so it did all it's agricultural supplies (fertilizers, diesel, and so). Plus between Brasil and Malasia they broke production record of sugar all times high. I think It´s coming down, at least until their productions begin to get down, before mills begin to crush more, until next year.
21.9 should hold for the time being
A quick short from 21.90 to 21.69, yesterday i have closed my longs and will open again if 21.30 is seen
Now we are back in neutral zone, look to buy a retest of 21.30/40 if seen, tone positive above 21.95, if weekly close above support, sugar may have bottomed; still early to say though
bulls regaining control rebounding from bottom
potential move above resistance this Monday, but very low volumes in Asia and Europe, need US to confirm lets see
Still below 21.3 and above 20.50, next week this range should be broken, or may be not…
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.