Perspectives on the Sugar Market & Brazil
- 1. SUGAR RUSH! LONDON 2012 Perspectives on the Sugar Market & Brazil! Eddie Tofpik Member of the Society of Technical Analysts. Market Technicians Association (affiliate) London 16TH OCTOBER 2012
- 3. so what does it look like Now!
- 7. Um N坦 na Madeira! A Knot in the Wood! (Gann Fan?) So what now? Do we carry on down after the Knot or move back up?
- 11. Lets clear up & Zoom Out the chart to get a better view!
- 12. Now lets take a closer look again!
- 13. and label the items spoken about properly!
- 14. and label the items spoken about properly!
- 15. Now let us look at very recent action & the future!
- 16. Lets add some very recent Daily action points!
- 17. now for the immediate future (and a bit longer ahead)
- 18. now for the immediate future (and a bit longer ahead)
- 19. now for the immediate future (and a bit longer ahead)
- 20. now for a bit longer ahead!
- 21. now for a bit longer ahead!
- 22. All seem to point lower except for
- 23. All seem to point lower except for
- 24. One final thing of note and at the risk of repeating
- 26. Is it again a potential target or another knot?
- 27. I pause now for any questions?
- 28. U. S. Dollar vs. Brazilian Real
- 29. from last time Back in May In New York!
- 31. so what does it look like Now!
- 32. Lets take in all that has happened!
- 33. Lets take in all that has happened! Lets update the Daily Chart as
- 34. Lets now zoom in for a closer look at recent action!
- 35. Now lets add some recent analysis as well!
- 37. One word of caution!
- 38. One word of caution! The chances of a False Break are increasing!
- 39. I pause now for any questions.
- 40. Hedging your input costs Hedging your output income is only part of the story sure you could also hedge your FX exposure USDBRL, etc but look at your input costs! Fertilizer costshedging? Its behind seed technology & crop protection should it be? W hen prices rise, reducing fertiliser use & keeping yields the same maintains profitability what happens when prices stall or fall? Great leaps in seed technology & precision farming in recent years fertilizer importance decreased. should it therefore be unhedged?
- 41. from last time Back in May In New York!
- 42. So what happened afterwards?
- 44. Lets look close up at recent action!
- 46. I am mindful that time is short so..
- 47. Here is the final bit!
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- 49. Eddies Crayons M Y M ONTHLY FX & C OMMODITES R EPORT +44 20 7390 2952 (24 Hours) eddie.tofpik@admisi.com