Action for Level 3 Subscribers: Sell to open 1 contract in the May Wheat Futures (WK14) at 665. This just flashed an overbought signal and we want to short the contract. Wheat has rallied over +100 points off it’s January low near 550 and way overdue for a retracement. We’ll place GTC Buy to Close order […]
Action for Level 3 subscribers: Sell to Open 1 contract in the March Dow Jones (YMH14). YMH14 has made lower highs since Friday morning’s NFP report and just flashed a short-term overbought signal. A protective stop can be placed above 14,470 to manage risk. Our objective is a swing trade and we will post any updates to the trade here.