This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, October 04, 2019
- Long the December 2019 Chicago Wheat contract on 493’0 (9/30/19). Market settled at 490’4. Marked-to-market loss of $125.
- Sell stop for the Chicago Wheat contract at 474’0, below the recent lows and the 20-day Moving Average, GTC. (Risk: $950, plus including commission and fees).
- Sell limit for the Chicago Wheat contract at 543’0, the 7/15/19 session high and a potential resistance level, GTC. (Reward: $2,500, not including commission and fees).
- Target triggered on the short November 2019 Natural Gas contract at 2.550 (9/20/19) on 2.370 (9/30/19) for a profit of $1,800.
Step into the “Spotlight”
Send questions specific to current or past trade recommendations, or any commodity related questions to email@example.com. If your question is selected, you will receive a hard copy of the 2019 Daniels Trading pocket calendar.
Beyond the Spotlight
Watch your inbox Monday mornings for the Beyond the Spotlight video that will “spotlight” two to three markets that may setup as trading opportunities for the week ahead. You may also view the videos here: https://www.youtube.com/user/dtDeBartolo
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Trade Spotlight Suite – Trial - The Trade Spotlight advisory service consists of three segments covering futures, futures spreads, and commodity options. At the end of each trading day the commodity markets are analyzed by applying our methodology and recommendations are delivered to you based on our trading philosophy. Our technique is to track specific chart patterns for breakouts and apply key technical indicators to confirm the trade setup.
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