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Prepared for you on Tuesday, September 22, 2020.

SUGAR #11 WORLD MAY 22/JUL 22 (ICE:@SB.K22-@SB.N22)

Long-Term Downtrend (-90) - @SB.K22-@SB.N22 is in a strong downtrend that is likely to continue. While @SB.K22-@SB.N22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @SB.K22-@SB.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @SB.K22-@SB.N22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@SB.K22-@SB.N22
Open High Low @SB.K22-@SB.N22 Price Change
0.37 0.41 0.36 0.40 +0.04
Entry Signal

MarketClub’s Trade Triangles for @SB.K22-@SB.N22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @SB.K22-@SB.N22

Based on our trend formula, @SB.K22-@SB.N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @SB.K22-@SB.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.37 0.41 0.36 0.40 +0.04
Prev. Close Volume Bid Ask Time
0.36 329 2020-09-22 12:59:57
52wk High0.4152wk High Date2020-08-25
52wk Low-0.0952wk Low Date2020-04-01
Expiration2022-04-29
Get a free daily analysis and signals for SUGAR #11 WORLD MAY 22/JUL 22 (@SB.K22-@SB.N22) - Request Your Free Report.