This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on September 10, 2021.
Long the December 2021 Corn on 513’4 (9/10/21). Market settled at 517’4. Marked-to-market profit of $200.
Sell stop for the December 2021 Corn contract at 498’2, below monthly lows and the 89-day Moving Average, GTC. (Initial Risk: $762.50, plus commission and fees)
Sell limit for the December 2021 Corn contract at 548’2, near the 200-Day Moving Average and a potential resistance level, GTC. (Reward: $1,737.50, minus commission and fees)
Purchased and stopped out of the first Corn position for a loss of $750 (9/10/21).
Stopped out of the long September 2021 Euro Currency contract from 1.17820 (8/26/21) at 1.18620 (9/07/21) for a profit of $1,000.
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