Sugar No. 11 Futures
Long
Updated

Sugar as an Inflation Proxy

152
Sugar is confidently surging for now into this thin zone toward 20. Consumer inflation will be felt when food prices are soon passed on, similarly with Oil and other commodities. Broad implications economically but when will the true inflationary pressures be communicated?

See my cursive inflationary pressure roadmap for the next 5 years attached. Peace
Note
Sugar/Inflationary Roadmap for The Next 5 Years
Note
Big rejection wick on the weekly candle.. Are we looking for a backtest?

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.