Linda Raschke: Sugar futures appear undervalued in long-term monthly chart

Linda Raschke: Sugar futures appear undervalued in long-term monthly chart
Sugar futures seen cheap on chart

Linda Raschke, founder at LBR Asset Management, observes that sugar futures are trading at low levels on a long-term monthly chart, which she describes as 'dang cheap.' The chart is provided courtesy of Moore Research Center.

Raschke has identified dislocations in other markets in recent commentary. She previously noted that Bunds were showing stronger relative strength than Bonds and Tens at a key resistance level. In a separate analysis, she observed that the 5 SMA closely approximates the 240 EMA on the SP daily chart but found both lacked statistical significance.

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