Don DeBartolo provides an expert trade rec and market analysis for options on Orange Juice in The Trade Spotlight.
Time to take a cheap shot looking for a bounce
Remember this trade?….I know you do but its been slow going for sure.
We got LONG this market back on 1/22 at 13.35 (refer to that email if needed)
It has been a grind with a few dips along the way but its finally working out.
Let’s get involved in Cocoa today!
Take a few minutes and view the video and see why I want to BUY…
We’ve seen this formation before!!…you know what to do…Let’s Go!
We got involved in this trade on Thursday at 2080 as the market banged up against 2100 again and started to trade lower.
After a market becomes parabolic on news or events, unfounded or not, it may not necessarily retrace to prior price levels. Or at least retrace even in the expected timeframe. There may be actual underlying fundamental or technical reasons for such a move that comes to light in the after math. However, if you can identify low cost and low risk opportunities you may be able to take advantage of a potential retracement. Look no further than the recent hurricane season.
What do you think about BUYING COTTON at 69.50 ?? Room to run to the upside?
August will soon be over and I released my latest guide on markets to trade heading into the end of summer…get your complimentary copy today!
Is the Sugar market getting ready for a breakout move to the upside?