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Short Crude Oil 4-Legged Spread, Long Brent Crude Calendar Spread, and short Copper 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 3 trades on the Watch List that are planned for client and personal accounts. This video will focus on the short Crude Oil 4-legged spread and the Brent Crude calendar spread. ![]() Technical Action Brent Crude dropped (6.5%) for the week and is approaching a strong long-term support level. WTI Crude has a very similar set-up. I expect an eventual bounce near this level, but trading could continue to drift lower in the short term. ![]() CTA Momentum The CTA Positioning and Momentum Score is an accurate measure of current momentum and trend-following trader positioning using a (+10 / -10 scale). Momentum and trend following traders represent a large percentage of trading and can move markets significantly higher or lower. ![]()
Relative Strength Index ![]()
Spread Charts To trade this, I am planning 3 trades, 2 that will be completed simultaneously.
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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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