This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, July 3, 2020.
Long the August 2020 Live Cattle on 98.400 (7/02/20). Marked settled at 99.400. Marked-to-market profit of $400.
Sell stop for the August Live Cattle at 96.100, below the recent lows and Moving Averages, GTC. (Remaining Risk: $920 plus including commission and fees)
Sell limit for the August Live Cattle at 108.000, a potential resistance level, GTC. (Reward: $3,840 minus including commission and fees)
Step into the “Spotlight”
Send questions specific to current or past trade recommendations, or any commodity related questions to firstname.lastname@example.org.
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