This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, August 7, 2020.
Sell the December 2020 Chicago Wheat at 524’0 using a limit order, GTC.
Place buy stop on 535’0, above the 20-day Moving Average, GTC. (Risk: $550, plus including commission and fees)
Place buy limit on 480’0, above the twelve-month contract low (Reward: $2,200, minus commission and fees)
Stopped out of the short December 2020 Soybean Oil from 30.17 (7/24/20) on 31.18 (8/03/20) for a loss of $606.
Step into the “Spotlight”
Send questions specific to current or past trade recommendations, or any commodity related questions to email@example.com.
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