Sugar and not only

This is a discussion on Sugar and not only within the Commodities & Money Markets forums, part of the Markets category; Sugar is in contango since last 2 years and it remains in contango till march 2017. Since may 2017 and ...

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Old Sep 29, 2016, 2:43pm   #1
Joined Feb 2016
Sugar and not only

Sugar is in contango since last 2 years and it remains in contango till march 2017. Since may 2017 and going on, it is in backwardation http://www.barchart.com/commodityfut.../SB?search=SB* .
Does anyone understand this strange phenomenon?
When we arrive at march 2017 will it still be in backwardation or will turn again in contango?
How is it possible that the same commodity stays for a long period in contango and for another long period (not a few days or weeks) in backwardation?
I think that a certain commododity has its proper features so it is always in contango or always in backwaradtion (except brief speculative periods). Why not?

Last edited by Aristix; Sep 29, 2016 at 5:56pm.
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Old Oct 12, 2016, 1:10pm   #2
Joined Nov 2008
Quote:
Originally Posted by Aristix View Post
Sugar is in contango since last 2 years and it remains in contango till march 2017. Since may 2017 and going on, it is in backwardation http://www.barchart.com/commodityfut.../SB?search=SB* .
Does anyone understand this strange phenomenon?
When we arrive at march 2017 will it still be in backwardation or will turn again in contango?
How is it possible that the same commodity stays for a long period in contango and for another long period (not a few days or weeks) in backwardation?
I think that a certain commododity has its proper features so it is always in contango or always in backwaradtion (except brief speculative periods). Why not?
From what i can see on the chart http://www.stock-trkr.co.uk/live-cha...gar-live-chart it has been in a continual uptrend all year.
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Old Jan 9, 2017, 10:30am   #3
Joined Jan 2017
Let us look at sugar M-grade continuos futures contract.
Click the image to open in full size.
Big complex correction up until 2011. Correction is over.
Why is over and why complex ? Chart below.
Click the image to open in full size.
Now something fell down since 2011 year. Correction A-B-C, triangles,
correction is over. Chart below.
Click the image to open in full size.
Now we are moving higher. Impulse up, wave is not over yet - there
will be wave 5 up, above wave 3 top.
Click the image to open in full size.
First impulse will end, correction will end and sugar arise will continue above current tops.
Close look at the current waves, searching for wave 5 start. Chart
below.
Click the image to open in full size.
Conclusion: any deep drop toward 0.18 is a good place to BUY. Price
will not fall deeply if wave 4 is still running, target - end of wave 5, above wave 3 top. Sell your BUY there, take cash and wait.\
Anyone can use microlots to open BUY position. It will cost you less,
than 10 US dollars.
You can get more precise and detailed sugar forecast at our web page in
"Products" area at page "Sugar".
Sugar and not only ? Anyone can ask questions about future moves for
GOLD, SUGAR, SILVER, Crude Oil, WHEAT here.
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Old Jan 9, 2017, 12:24pm   #4
 
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Joined May 2015
Quote:
Originally Posted by Freevar View Post
Let us look at sugar M-grade continuos futures contract.
Click the image to open in full size.
Big complex correction up until 2011. Correction is over.
Why is over and why complex ? Chart below.
Click the image to open in full size.
Now something fell down since 2011 year. Correction A-B-C, triangles,
correction is over. Chart below.
Click the image to open in full size.
Now we are moving higher. Impulse up, wave is not over yet - there
will be wave 5 up, above wave 3 top.
Click the image to open in full size.
First impulse will end, correction will end and sugar arise will continue above current tops.
Close look at the current waves, searching for wave 5 start. Chart
below.
Click the image to open in full size.
Conclusion: any deep drop toward 0.18 is a good place to BUY. Price
will not fall deeply if wave 4 is still running, target - end of wave 5, above wave 3 top. Sell your BUY there, take cash and wait.\
Anyone can use microlots to open BUY position. It will cost you less,
than 10 US dollars.
You can get more precise and detailed sugar forecast at our web page in
"Products" area at page "Sugar".
Sugar and not only ? Anyone can ask questions about future moves for
GOLD, SUGAR, SILVER, Crude Oil, WHEAT here.
2017 mate

New Year resolutions

The world is cutting back on sugar.

Once the resolutions broken then back to buying sugar.

Do you have any tips on salt and Pepper?
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Old Jan 10, 2017, 3:52pm   #5
Joined Jan 2017
Tracking sugar.

Update for wave 4 sugar.
Click the image to open in full size.
We have marked probable wave 4 as a-b-c zigzag. Wave "a" is short, wave "b" is and expanded flat correction with a
triangle in the middle, wave "c" is long and strong. This move has reached usual price target for wave 4 and we carefully may
treat wave 4 as already ended. The next variant - wave 4 can be a triangle, and we have seen its first part.
Current decisions:
1. Wave 4 is over. We should BUY at any drop, price will go beyond wave 3 top.
2. Wave 4 is not over, use any deep drop toward 0.18 to BUY.
More detailed article is at our page in "Products" -> "Sugar".
We keep on tracking sugar to catch any good possibility to BUY and use
final wave up - wave 5.

Last edited by Freevar; Jan 10, 2017 at 3:54pm. Reason: text correction
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Old Jan 20, 2017, 1:35am   #6
Joined Jan 2017
Sugar anybody ?

Look ! What a nice view !
Click the image to open in full size.
Impulse wave up, its wave 4 is an expanded flat surface a-b-c with waves
count 3-3-5. Wave is ending, drop is large, wave 5 will start soon. Wave 5 usually goes beyond the end of wave 3.
Does anybody have any will to BUY ? Buy now, use wave 5, SELL at any level above or equal to top of wave 3.
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Old Jan 26, 2017, 8:50am   #7
Joined Jan 2017
26 january 2017. We present our apologies for our mistake.
Wave 1 is already over. You can't use its wave 5.
Click the image to open in full size.
How to mend it up - if someone has already bought sugar using our chart, he can sell it right now with a small profit and exit the market until the end of wave 2.
Now wave 2 down is running. Wave 2 is making its wave "c". You can reopen your BUY at the end of wave "c". Now we are looking at Fib 0.618 level as a wave 2 target.

Last edited by Freevar; Jan 26, 2017 at 8:59am. Reason: grammatic errors
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Old May 2, 2017, 8:40am   #8
 
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Joined Apr 2017
I've seen the News about Raw sugar futures were trading close to 16.2 cents per pound in New York on Tuesday. The good thing is sugar found some support after an early sell-off as written in this article(http://www.funds-money.com/sugar-finds-suppor/)
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