This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on September 24, 2021.
Sell the March 2022 Sugar at 19.30 on a stop, GTC.
Place buy stop on 20.20, above the upper trend line and the 20-day Moving Average, GTC. (Initial Risk: $1,008, plus commission and fees)
Place buy limit on 16.80, near the recent contract lows, GTC. (Reward: $2,800, minus commission and fees)
Stopped out of the long December 2021 Corn from 513’4 (9/10/21) at 520’2 today (9/20/21) for a profit of $337.50.
Stopped out of the short December 2021 Soybean Oil from 55.34 today (9/20/21) on 57.18 today (9/23/21) for a loss of $1,104.
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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