Open Positions
Short the March 2021 Sugar contract from .1485 (11/25/20). Market settled at .1444. Marked-to-market profit of $459.20.
Working Orders
Buy stop for the Sugar contract on .1495, above Thursday’s contract high (.1489) and the 20-day Moving Average GTC. (Remaining Risk: $112, plus including commission and fees)
Buy limit for the Sugar contract on .1295, near the 200-day Moving Average, GTC. (Reward: $2,464, minus commission and fees)
Closed Positions
None.
Step into the “Spotlight”
Send questions specific to current or past trade recommendations, or any commodity related questions to tradespotlight@danielstrading.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