After contract high on Sep. 5 and again Sep. 7, Oct-23 #11 world raw sugar tried to break resistance near 26.68 cents Sep. 8 and the upper Bollinger Band but instead fell to a close at 26.31, still within its recent elevated range. Mar-24 [...]
Oct-23 #11 world raw sugar moved to a higher range the week of Aug. 28, breaking retracement resistance near 25.00 cents and the upper Bollinger Band Aug. 28, correcting lower midweek, and rebounding Sep. 1 to close at 25.81, a ten-week high. Mar-24 #11 also [...]
Most-active Oct-23 #11 world raw sugar rallied in the last four sessions after finding short-term retracement support (and the 20-day moving average) on Jul. 18. The contract settled Jul. 21 at a one-month high of 25.01 cents, straddling the upper Bollinger Band after breaking [...]
Benchmark Oct-23 #11 world raw sugar traded sideways in May and June from about 24.00 to 26.30 cents. The contract tested its upper Bollinger Band earlier in the week of Jun. 19 before sliding in the last three sessions to settle Jun. 23 at [...]
