Comments on: SGG (Sugar ETN) Trade Idea to Be Replaced with CANE Tomorrow https://rightsideofthechart.com/sgg-sugar-etn-trade-idea-to-be-replaced-with-cane-tomorrow/ Stock Trading, Investing & Market Analysis Tue, 20 Mar 2018 15:45:30 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: jegersmart https://rightsideofthechart.com/sgg-sugar-etn-trade-idea-to-be-replaced-with-cane-tomorrow/#comment-4199 Tue, 20 Mar 2018 15:45:30 +0000 https://rightsideofthechart.com/?p=186152#comment-4199 I mean NY Sugar No. 11!

]]> By: jegersmart https://rightsideofthechart.com/sgg-sugar-etn-trade-idea-to-be-replaced-with-cane-tomorrow/#comment-4198 Tue, 20 Mar 2018 15:42:46 +0000 https://rightsideofthechart.com/?p=186152#comment-4198 Thanks Randy – no SSGB that I can see yet – but IG Markets has a proxy for NY Sugar – it’s a non-rolling instrument based on futures – having compared charts to SGG it seems to be closely correlated so am comfortable using that in my CFD account. I just have to calculate targets accordingly:)

]]> By: rsotc https://rightsideofthechart.com/sgg-sugar-etn-trade-idea-to-be-replaced-with-cane-tomorrow/#comment-4197 Tue, 20 Mar 2018 15:27:10 +0000 https://rightsideofthechart.com/?p=186152#comment-4197 In reply to jegersmart.

Futures are fine if one has the ability & experience/knowledge of how to trade them. Although I often trade futures & post the chart of futures to confirm or support a bullish or bearish case on a commodity tracking ETN, I only use the commodity ETNs & ETFs as official trade ideas since many traders & investors don’t trade futures.
If you have SGG available from your broker then you should have SSGB, which is replacing SGG. Spreads are a little wide right now since SGGB is new but I would imagine that as time goes on, volume will increase with the spreads contracting, possibly down to 1-2 cents.

]]> By: jegersmart https://rightsideofthechart.com/sgg-sugar-etn-trade-idea-to-be-replaced-with-cane-tomorrow/#comment-4194 Tue, 20 Mar 2018 14:09:53 +0000 https://rightsideofthechart.com/?p=186152#comment-4194 @rsotc In my accounts that I am using now, I have SGG but not CANE. I do have non-rolling NY Sugar No. 11 and London Sugar No. 5 instruments as well as Ipath Pure Beta Sugar ETN (code: SGAR) or ETFA Sugar (SUGA)….

Anyone else in Europe/London and have any suggestions what to use?

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