Sugar SB Futures: Extreme COT Divergence – Short Squeeze Ahead?
ICEUS:SB1!
🔎 Market Situation
The latest COT report shows one of the most extreme positioning imbalances in 18 years for Sugar #11:
• Commercials: Net Long 128,130 contracts → 2nd highest since 2007 (only surpassed in Sep/Oct 2020 with ~160k).
• Non-Commercials (Funds): Net Short –125,628 c
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💡 To see my confluences and/or linework, step 1: grab chart 📊, step 2: unhide Group 1 in object tree 🗂️, step 3: hide and unhide specific confluences ✨. Also double-click the screen which would show the RSI, MFI, CVD and OBV indicators
Sugar Futures Long SetupThis is my play — based on seasonality, COT index, and supply/demand.
Seasonality into Q4 historically supports sugar strength.
COT Index: commercials/hedgers are now heavily long, which typically signals a turning point — these players are often positioned opposite speculators at major inflection
Short Sugar📌 When is Sugar in High Demand & How Does It Cycle?
Sugar, extracted from sugarcane and sugar beet, is one of the world’s oldest and most consumed commodities. Beyond sweetening food and beverages, sugar has also become a critical biofuel input through ethanol production, especially in Brazil. Beca
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Sugar No. 11 Futures is 16.47 USX / LBR — it has risen 0.43% in the past 24 hours. Watch Sugar No. 11 Futures price in more detail on the chart.
The volume of Sugar No. 11 Futures is 36.23 K. Track more important stats on the Sugar No. 11 Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Sugar No. 11 Futures this number is 463.63 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Sugar No. 11 Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Sugar No. 11 Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Sugar No. 11 Futures technicals for a more comprehensive analysis.