Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
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Commercials started reducing their longs in HL $CANE, $SB_F
Sugar has just broken out of a falling wedge pattern which could also be bullish flag. Nothing too complex, but I marked out where any divergences have played out coupled with the RSI > 65 signalling intermediate tops. I think sugar has anywhere from 5 to 10 percent to go up before marking another intermediate top. For this trade, use the CANE ETF. I would...
Sugar has been trading within a 1M Channel Down for almost 1 full year (RSI = 40.519, MACD = -0.770, Highs/Lows = -0.1543). It is close to pricing a Lower Low, turning the current levels into a buy opportunity. Our Target Zone is 11.65 - 11.90. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and...
Beautiful structure as sugar price gonna complete the large correction to tag the multi-decade low of 0.0526 Wave C is 5 waves and it is in the second leg of wave 4 up before the last drop.
Negative momo divergence in sight $SB_F, $CANE
Technical Analysis: - Double Bottom at 10.45 from August 2015 - Oversold on daily/weekly timeframes - Retest of 5monthSMA likely @ 11.50 Fundamental Analysis: - Look for Brazil Real bounce against USD - this will lead to less selling for $ and more domestic demand in Brazil - Higher lows since 1985 reflecting growing demand - Higher energy means more domestic...
Ultra pessimism, positive seasonal quarter coming $SB_F
Sugar is in trouble across the board against nearly every commodity. However, sugar priced in oil has the clearest classical charting pattern in development. Previous Sugar analysis
Sugar is in a long running flat correction. The wave Y could reach out to the 0.1580 area (where Y=W) before it drops. It could also exceed it with further Fibonacci ratios 1.27-1.618. Wait for reversal pattern at the top.
I know in some countries, people drink coffee without sugar but in many Asian countries, they like it sweet. Really sweet , haha. So if you like sugar in your coffee or tea for that matter, you can also make money from it. Day chart analysis : 1. Price is sitting nicely above 21 EMA . 2. See the 3 green caps - it is the Head and shoulder formation pattern. My...
1/SB1! as u see the inverse of sugar with that of gold.
I just wanted to take a moment to share this bit of insight. I'll try my best to be brief in my analysis. What you see is a continuous chart of Sugar futures. In my opinion, I'm thinking that there is a reversal in trend that is about to take place and here's why. The first thing that you may see is the downward slopping trend channel which began in October of...
Sideways head and shoulders pattern developing. Ideally, we see a retracement into dashed line below 1370 but looks like we're about to breakout.
Demand has been established at the blue diagonal for decades. Everytime price hit that level of equilibrium we've seen a massive reversal. We're once again at the level of extreme reversal. Better get on this...