ptero1492

Sugar as an Inflation Proxy

Long
ptero1492 Updated   
ICEUS:SB1!   Sugar No. 11 Futures
Sugar is confidently surging for now into this thin zone toward 20. Consumer inflation will be felt when food prices are soon passed on, similarly with Oil and other commodities. Broad implications economically but when will the true inflationary pressures be communicated?

See my cursive inflationary pressure roadmap for the next 5 years attached. Peace
Comment:
Big rejection wick on the weekly candle.. Are we looking for a backtest?
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