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Prepared for you on Thursday, May 9, 2024.

SUGAR #11 WORLD JUL 24/OCT 25 (ICE:@[email protected])

Strong Downtrend (-100) - @[email protected] is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @[email protected] continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @[email protected]?

MarketClub looks at technical strength and momentum to determine if the timing is right for @[email protected].

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

ICE_@SB.N24-@SB.V25
Open High Low @[email protected] Price Change
0.54 0.54 0.54 0.54 +0.12
Entry Signal

MarketClub’s Trade Triangles for @[email protected]

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 @[email protected]

Based on our trend formula, @[email protected] is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for @SB.N24-@SB.V25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.54 0.54 0.54 0.54 +0.12
Prev. Close Volume Bid Ask Time
0.42 1 2024-05-09 11:08:55
52wk High3.6952wk High Date2023-09-28
52wk Low0.4852wk Low Date2024-04-18
Expiration2024-06-28
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