On Monday the 5th I asked you to take a leap of faith with me and get involved in the platinum market. Well, if you took the chance, it is currently paying off nicely!
July PLATINUM…Just missed it
SO CLOSE…..YET SO FAR!!!
Time to move stops (910.0?), take profits or sell a call…LET’S GO!!!
Keep an eye on this market as it looks as if it is trying to break out of this small pennant over the past few weeks.
We are below the 20 day moving average and we are gaining downside momentum early this morning. Lets go!
Do you see what I see?!? Don’t miss it!!!
This is a sample entry from Don DeBartolo’s email newsletter, Trade Spotlight: Futures, published on Monday, September 11, 2017. There is a trade opportunity based on a Trend Line breakout in the Platinum futures market. Today the January 2018 contract closed (998.0) below a lower trend line with the first touch dating back to the… Read more.
The most important developments of last week were 1) indications that world oil producers were poised to extend production cuts (or even expand them if it becomes necessary to reduce global oil stocks to five year average levels) and 2) percolating fears of bird flu in Asia.
Commodity markets are seeing nearly a perfect storm of bearish factors during the first 2 weeks of 2016.
Join us for a live event with Senior Futures and Options Broker Drew Rathgeber, author of AccuMarkets and The Rath Overlay, as he breaks down the precious metals futures sector!