Here's a nice example of a balanced market moving from Premium (green) to Discount (red shaded area), with a stop raid annotated. Really Nice example!
Anyway, moving forward.. Anyone watching Sugar?
Ya may want to put it on your radar list.
Fourth quarter 2025 until now she's been range bound
Weekly she's trying to change direction.
As always trade what you see & understand

Will be a buyer with weekly close over 15.2.
October contract.
Thanks, knox!
https://tradingeconomics.com/commodity/sugar
1. 10 years: October 2023 top. Loooong move down with a 10 month bear flag from May 2024 to Mar 2025.
2. 1 year: Symmetrical wedge/triangle with lower highs and higher lows in 2026.
3. 1 month: Potential symmetrical wedge with lower highs and higher lows.
4. 1 week: Strong end to the week, closing near the highs after barely making new lows just after the open on Friday but reversing to sharply higher on the day/close.




https://www.ers.usda.gov/data-products/sugar-and-sweeteners-yearbook-tables
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Brazil and India lead the world in raw sugar production by a wide margin!
This is the refined #11 sugar that trades on the ICE exchange(Intercontinental Exchange)
https://worldpopulationreview.com/country-rankings/sugar-producing-countries

Sugar beets and sugar cane below

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https://globalsugarsupply.com/sugar-refining-countries/
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