Global Sugar Supply Shortage Propels Price

by elliottwave-forecast.com | May 13, 2021 2:46 pm
Brazil, top exporter of Sugar, experiences record prices of ethanol as Covid-19 restrictions ease. Consumers take advantage of the easing and start travelling again, increasing consumption of biofuel. This means that mills can start processing more sugar...

Sugar (SB) Finds Buyers At Blue Box and reacts Higher

by elliottwave-forecast.com | May 3, 2021 4:33 pm
In today’s blog, we take a look at short term Elliott Wave view on Sugar (SB) Sugar has the right side up against red wave 2 lows at $15.33. Up from there, one can see a clear...

Supply Problems and Weak Dollar Buoy Sugar Prices

by elliottwave-forecast.com | August 17, 2020 3:34 pm
Since the corona virus hit in March earlier this year, price of Sugar future (SB) has remained depressed as demands projected to plummet. Prices fell sharply lower at 42% to 9.2 cents per pound in April. Over...

SUGAR ( $SB_F ) Forecasting The Rally After Elliott Wave Zig Zag

by elliottwave-forecast.com | June 15, 2020 3:22 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of SUGARR ($SB_F).   As our members know, SUGAR has been showing incomplete bullish sequences within the cycle from...

Sugar Elliott Wave View: Selling The Wave 4 Bounce

by elliottwave-forecast.com | April 2, 2020 3:56 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Sugar, which we presented to members at elliottwave-forecast. In which, the decline from February 2020 peak, showed the lower low...

Sugar: Sellers Entered In The Blue Box As Anticipated

by elliottwave-forecast.com | March 9, 2020 4:16 pm
We always refer a lot to the blue boxes which are often shown on our charts and define them as High-Frequency areas which are based in a relationship of sequences, cycles and calculated using extensions. Traders are...

SUGAR ( $SB_F ) Forecasting The Path & Buying The Dips

by elliottwave-forecast.com | January 6, 2020 4:30 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SUGAR ( $SB_F ) published in members area of the Elliottwave-Forecast.com .  As our members know, SUGAR...