WaveTrack International

Elliott Wave Financial Price Forecasting

More expensive sugar in the months ahead?

by m.tamosauskas| October 19, 2015 | No Comments

151019_sugar

Sugar is getting more and more expensive! The decline that began from the Feb.’11 high of 36.08 has unfolded in to a five wave expanding-impulse pattern with completion into the recent low of 10.13, where the net decline of wave 1 to 3 and wave 5 contains a fib. 100%/61.8% correlation ratio. The following counter-trend advance has staged a plus +40% rally to the upside and basis our Elliott Wave analysis it does look incomplete. More expensive sugar in the months ahead?

Category: Commodities, Elliott Wave, Elliott Wave Charts, Elliott Wave Patterns, Elliott Wave Principle, fib-price-ratio, Sugar
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WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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