Sugar And Coffee Continue Last Week’s Plunge
date:Aug 30, 2018
last week. The slow stochastic, an indicator of price momentum, has declined into oversold territory along with the relative strength index. Weekly historical volatility at the 17.44 percent level is unusually low for sugar futures as the decline in price has been slow and steady. At the same time, the total number of open long and short positions in the ICE futures market has climbed to an all-time peak at 1,058,041 contracts as of the end of the week of August 20. Falling price and rising ope
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