Sugar (SB) - 1st November 2023 | @ 78 Days | - 4.28%

Last trade: - 4.28% | 'C' class signal detected in Sugar futures (SB). Running at an average wavelength of 78 days over 11 iterations since July 2021. Currently troughing.

ΣL Cycle Summary

Here the component at around 40 days is influencing price quite considerably in the last few iterations, so we have included it below for your interest. The component of focus in this analysis, at around 78 days, is due to trough soon, the last down-leg of the component being mildly modulated upward via the still bullish underlying trend of a larger component which troughed in mid 2023.