This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, October 18, 2019
Long the December 2019 Chicago Wheat contract on 493’0 (9/30/19). Market settled at 532’2. Marked-to-market gain of $1,962.50.
Sell stop for the Chicago Wheat contract at 519’0, below Friday’s session low, GTC. (Profit: $1,300, 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).
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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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