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Short Sugar calendar spread and long Gasoline calendar spread![]() SpreadEdge Capital specializes in seasonal spread trading across a wide variety of commodity markets. A spread trade is the simultaneous purchase and sale of the same commodity with different delivery dates. SpreadEdge publishes a weekly Newsletter that provides several seasonal spread trade opportunities every week. Watch List ![]() This week there are 2 trades on the Watch List that are planned for client and personal accounts. This video will focus on the short Sugar calendar spread. ![]() Technical Analysis ![]() On a weekly chart, Sugar bounced convincingly off a support and resistance level that dates back to August of 2021. However, the candle from last week suggests that Sugar has moved too far, too fast and may have put in a short-term top. ![]() The daily chart confirms that lower prices are most likely to happen over the next few weeks. Note that Sugar has put in a “V-shaped” bottom which is usually not sustainable. A re-test of the support levels appears to be in the cards. Spread Chart ![]()
Videos For a video of this trade. Get $48 off of any subscription which allows you to try the Newsletter and Daily Alerts for as little as $1. For a FREE eBook about the SpreadEdge seasonal spread strategy. BTW, for more information on spread charts, my website “SpreadEdgeCapital.com” has a video entitled “Anatomy of a spread trade". More Information The SpreadEdge Weekly Newsletter is published every weekend and provides a broad overview of the important seasonal, technical, and fundamental indicators within the Energy, Grains, Meats, Softs, Metals and Currency markets. In addition, spread trade recommendations and follow-up on open trades is also provided. For a free copy of the Weekly Newsletter, please send an email to info@SpreadEdgeCapital.com Darren Carlat SpreadEdge Capital, LLC (214) 636-3133 Darren@SpreadEdgeCapital.com Disclaimer SpreadEdge Capital, LLC is registered as a Commodity Trading Advisor with the Commodity Futures Trading Commission and is an NFA member. Past performance is not indicative of future results. Futures trading is not suitable for all investors, The risk associated with futures trading is substantial. Only risk capital should be used for these investments because you can lose more than your original investment. This is not a solicitation. On the date of publication, Darren Carlat did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. |
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