SB Sugar resting at monthly support levels?

2 de mar. de 2018

That grains started moving up recently from historically low prices based on a ratio of grains / S&P500 + the on going bear market in the US Dollar may help trigger bull markets in other commodities. Nothing is for certain, that's for sure, but looking at a chart of sugar dating back to late 1950's do tell the recent lows have come at historic turning points. Huge short positions also make this story more attractive. Will the same story repeat itself or was past days just a blip? Preferably I would like to see broader strength in soft commodities as a group, but this may be in it's infancy. Time will tell!