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Sugar

SUGAR, DAY CHART, SHORT (18-FEB-2017)There is a consolidation pattern near the Resistance Zone. From the price action, we can see stronger selling pressure than buying pressure. If the price managed to break the buyers' stop loss level, we expect the price will fall further lower. Here are 2 trading plans for you: 1. Wait the price to break the buyers' Stop Loss level and entry 2. If the price pull back weakly to the resistance zone, it might be a good opportunity to short with bearish signal
OANDA:SUGARUSDShort
by YongLiang
Orange Juice to 160Orange Juice has put in a weekly pin bar at the major level of $200. Also, on the daily chart we put in a evening star, which spells trouble for the future prices. We also are in an ascending wedge that if broken in the near term future targets $160. This wedge also has weekly divergence, which confirms this move. The next support level would be $100. Finally, from a fundamental view less and less frozen OJ is being bought from consumers all while price is at the highest level it's been, which doesn't make sense seeing that demand is just overall low. Yes, of course there is less producing now and businesses shutting down in Florida, but the reason is because of the demand. All the details are in the chart.
OShort
by adriel.arrasmith
1
ATH? Really?Central banks kept on printing money can have unwanted effect in the intrinsic value of money. With one of the function of money to store value and stock market was valued in fiat money (USD), we need to revisit what if S&P 500 valued in barter transaction with Sugar #11 (raw sugar). For sure, who does not know sugar? Everyone use sugar. From the bottom to the top of the wealth pyramid. So, let's say sugar is our new world currency now, replacing USD. From the chart, you can see that just before the 2008 economic crisis, we spotted a decrease of SPX value relative to sugar for more than 2 years. Now, as we just recently reached ATH for US indices (in USD denomination), relative to Dow Jones UBS Commodity index, actually it looks more like a declining top (look at the 2 yellow boxes). So, it is not only for sugar, but also relative to this index. So, back to the essence of stock valuation, what is actually a stock? It is part of ownership, given to the holder, with promise of earning payment, while in the event of bankruptcy, nothing left for the stockholder. Currently, valued in declining currency value relative to common commodity products, what would be next? Perhaps better to just hold the real things, which are commodities for now. Not just a legal promise with declining fundamental valuation. Additionally, Greenspan has called stagflation lately (www.bloomberg.com). Perhaps, what he has seen is while commodity prices picking up, financial market values decreasing relative to common commodity prices, labor wages not picking up significantly with low GDP growth observed, this looks like going for stagflation. Detailed explanation of DUBS: www.djindexes.com)
FX:SPX500
by giorsims
3