I built a calendar bull spread CTK19-CTN19. A possible entry is at the price -1,20 with SL -1,40 ($100/contract) and PT -0,50 ($350/contract).
There is a possible oversold mood in the Cotton market. Around price 78 is repeatedly created a quite obvious S/R zone and I see a potential to price 85.
An example of a LiveCattle bull spread
COT analysis in Natural Gas confirms an extreme overbought state of a market. That is why I built a bear spread with a very nice potential.
The price of natural gas is quite low so I ordered a position about 0,025. SL 0,020 ($50/contract) and PT 0,040 ($150/contract).
Orange Juice price is a bit oversold and a bullish correction could come very soon.
Orange Juice price is a bit oversold and a bullish correction could come very soon. I built a bull spread OJF19-OJH19 and I wait for an entry about -1,50 with SL -2,50 ($150/contract) and PT 2,00 ($525/contract).
A breakout has come and a price reached my PT. Nice profit of $200/contract.
Intermarket spread ZSH19-ZWH19 between soybeans and wheat is extremely cheap. Moreover, oversold soybeans and overbought wheat make perfect conditions for this spread.
Wheat was overbought last few weeks and there is still a potential to decline.
Soybeans is still very low and it has no power to create lower minimum.
Bull spread LEJ19-LEM19 has quite nice potential. I did not catch entry around 6,0, but there is still chance to open position by correction.
Bull spread HEZ18-HEG19 goes extremely down. It should go back in standard price channel around 4 - 8 again. It is a bit risky one and there have to come a good price action entry point.
#leanhogs is very low. I am looking for a LONG signal.
A bear spread with low volatility and risk. Entry at 6,0. SL 4,0 ($100/contract), PT 10,0 ($200)
Wheat is clearly overbought, thinking about selling...
Bull spread ZSX18-ZSF19 is very cheap. I entered at 9,0. Heading to 4,0.