This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, March 27, 2020.
Long the June 2020 Natural Gas contract from 1.875 (3/24/20). Market settled at 1.765. Marked-to-market loss of $1,100.
Sell stop for the Natural Gas contract at 1.760, GTC. (Initial Risk: $1,115 plus including commission and fees).
Sell limit for the Natural Gas contract at 2.245, in front of the 200-day Moving Average, GTC. (Reward: $3,700 minus 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.
THIS MATERIAL IS CONVEYED AS A SOLICITATION FOR ENTERING INTO A DERIVATIVES TRANSACTION.
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