Beyond the Spotlight for the week of October 15, 2018 covers the Chicago Wheat, Sugar, and British Pound markets. Watch now to look ahead with us, while potentially creating additional trading opportunities for yourself.
There is a trade opportunity based on potential 1-2-3 Bottom Formation and Trend Line breakout in the Chicago Wheat futures market. The Stochastic indicator is showing strong Momentum to the upside. The Trend Seeker is currently down, though with a weak ranking. The market has been trading sideways recently. Going long only on a break… Read more.
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It could be a very volatile week ahead as the market deals with factors that could slow US economic growth in the short term.
This is a sample entry from Don DeBartolo’s email newsletter, Trade Spotlight: Futures, published on Tuesday, September 5, 2017. There is a trade opportunity based on a potential breakout in the Chicago Wheat futures market. The market appears to have bottomed out setting up a twelve-month contract low at 422’4 (8/29/17) moving into the harvest… Read more.
Given the widespread deflationary liquidation wave of late and a lack of upbeat scheduled data flows, it is difficult to call for an end to the weakness in industrial commodity prices.
There is a trade opportunity based on a trend line and M.E.T breakout today in the Chicago Wheat futures market.
This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.
There is a trade opportunity based on a potential Trend Line breakout in the Chicago Wheat futures market.
I love this recent chart formation in the wheat market! Do we bounce here?