Futures Commentary and Analysis

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Sugar
Jay Brown - IF - Thu Apr 20, 9:29AM CDT

Fundamentals -

Sugar

May sugaron Wednesdayclosed lower but remained aboveTuesday's1-week low. May sugar had dropped to that 1-week low after India's National Federation of Cooperative Sugar Factories predicted 2017/18 sugar production in India, the world's second biggest producer, will climb +25% y/y to 25 MMT as normal rains last year helped the sugar crop. Current supplies are ample as data from Unica show that 35.628 MMT of sugar was produced in Brazil's Center South in the 2016/17 season through Mar, up +14.1% y/y. May sugar on Apr 5 fell to an 11-1/4 month nearest-futures low on signs of abundant current supplies and expectations for larger global output. Researcher Wilmar predicts Thailand 2017/18 sugar production may climb to a record 12 MMT. Supply concerns have eased after the ISO late last month lowered its global 2016/17 sugar deficit estimate to 5.87 MMT from a Nov estimate of 6.19 MMT. Sugar prices had posted a 4-year nearest-futures high (V16) onSep 29on supply concerns as the ISO projects a 2016/17 stocks-to-consumption ratio of 43.2%, the lowestin 6 years.

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Since 1934 the CRB and Trends in Futures has been helping traders learn and develop a solid trading strategy that has stood the test of time with risk management, Entry & Exit video presentations and most importantly the psychology and common sense trading approach.

It does not matter if you are a novice, or professional - The CRB and Trends in Futures will help you trade Futures, Forex. Wth over 83 years of trading experience the CRB can help you in your journey to becoming a better trader.

Day traders work hard for the markets – trend traders let the markets work for them! Remember, the trend is your friend!

Technicals -

Notice the open position profits based on 1 contract.

The Commodity Research Bureau and Trends in Futures could be your last stop to finally achieving your trading goals.


30 Day Trial Offer to "Trends in Futures" plus the free DVD titled "Making Real Money Using The COT.reports"

Click or “Copy & Paste” the link below into your browser or call Jay at: 312 506 8709

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Contact Jay for trading consultation. Direct: 312 506 8709

Email: j.brown@crbtrader.com

About the Commodity Research Bureau - CRB

The Commodity Research Bureau has been leading the world in commodities research and analysis since 1934. Based in Chicago, Illinois, the firm has been the innovator of the CRB Index, as well as the publisher of the CRB Yearbook, Encyclopedia, CRB Price Charts, Trends in Futures and Futures Market Service newsletters.

About Trends in Futures -

In 1963, the Commodity Research Bureau (CRB) developed a computerized trading system for the purpose of removing the emotional human element from market forecasting. Since then, countless trading programs, timing theories, and techniques have been designed and popularized by an even wider universe of individuals and companies for the purpose of "beating" the futures market. Yet, today, CRB's Trends in Futures remains one of the oldest and most respected technical daily market letters.

Trends in Futures trading system analyzes four different technical studies to categorize markets as trending up, sideways, or down. These four studies are a combination of moving average, price volatility, market momentum, and various time cycles. Support and resistance levels are recalculated daily and serve as "stops" when the market is in a trend phase and mark the breakout levels for new up or down trends when markets are in a sideways mode.



30 Day Trial Offer to "Trends in Futures" plus the free DVD titled "Making Real Money Using The COT.reports"

Click or “Copy & Paste” the link below into your browser or call Jay at: 312 506 8709


https://tif.barchart.com/register.php?offer=cot_dvd&salessource=j-brown




Commodity Research Bureau - CRB - has been the world's leading commodities and futures research, data and analysis firm Since 1934.


Jay Brown
Sr. Research & Trading Advisor


Barchart / Commodity Research Bureau - CRB
209 W. Jackson Boulevard 2
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Chicago, Illinois 60606 USA

j.brown@crbtrader.com




THESE RESULTS ARE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN.


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