A Quick Look at sugar...Sugar 3rd wave of 3 of Y counts as complete at 1404 and could start a correction in a 4th wave toward 1520-1600. see if we can get a bullish candle close for the week.
Related commodities
Short Idea On Sugar (SB1!)Based On :
- Markov state still in bearish regime
- VP and Avwap levels
- Supply zone
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
Bears Crush Sugar Hope at 15.85 - Bulls Await Revenge🎯 SB1!: Bears Crush Sugar Hope at 15.85 - Bulls Await Revenge
💡 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
Sugar LongSB1! is now net long on the regression break.
The roll on this pair is (-3.7%) on the front month.
I am considering this trade.
Sugar is entering into bullish marketSugar is entering a bull market. I expect a recovery this week or two. The minimum wave equality norm has been fulfilled, so we may see multi-year bullish growth. But we need to be careful not to fall into another, final low at $13-11.
Positioning Buy idea on Sugar (SB1!)Based on :
- Cot at extremes potential reversal
- Seasonality and quantitative analysis
- 2 Demand zones
See all ideas
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.