Jugok Trade

Agricultural product markets are very active. Corn and Sugar look good. I do not know whether the upward trends have begun. We need to put an interest in the agricultural products.

Sugar price chart looks very good. We seem to be expecting sugar futures prices to go up to 18.75. The support line (stop loss) is 11.30. The key price is 13.0. It would be better to look for the opportunities to buy.

SUGAR #11 Futures Price Forecast (ICE US: SB)
Long Term BUY(Long)
Eentry Price  12.25
Target Price  17.85  (+5.6pt, +45.71%)
Stoploss Price  11.35  (-0.9pt, -7.35%)

[ICE US: SB, Sugar #11 futures monthly chart]

Will the crude oil prices go up again? Yes, they will. Oil markets are still very hot and unstable. This situation is likely to last for a long time. Oil prices have dropped sharply, and this is opportunities to buy.

WTI is likely to go over $ 70.0. $ 63.0 is a resistance. Brent oil will go over $ 79.0 and $ 70.0 is a resistance. It would be better to look for opportunities to buy.

[WTI oil price weekly chart]

SP 500 is likely to move in the range of 2730 and 2890 for a while. 2730 is a meaningful and some strong support, as expected. It is not easy to say that stock market has hit the top of trend. Stock market is not over yet.

[S&P 500 futures weekly chart: CME: ES]

Insurance stocks will go up higher. Progressive (NYSE: PGR) and Travellers (NYSE: TRV) look good and strong. They are likely to rise sharply. It would be better to look for opportunities to buy.

Thu. Jun 20, 17:43 (EST)
Stock indexes are not over yet. Many experts and investors say that stock markets are going to collapse. However, in my opinion, not yet.

>> Strategy - S&P 500, CME: ES - BUY :
Entry price 2760 Target price 3467 (+25.62%) Stoploss 2590 (-6.16%)

>> Strategy - Dow Jones, CME CBOT: YM - BUY :
Entry price 25900 Target price 36000 (+39%) Stoploss 25154 (-2.88%)

>> Strategy - NASDAQ 100, CME: NQ - BUY :
Entry price 7180 Target price 10686 (+48.83%) Stoploss 6800 (-5.29%)

>> Strategy - Spot Gold, XAU/USD - BUY :
Entry price 1330 Target price 1600 (+20.3%) Stoploss 1280 (-3.76%)

>> Strategy - Spot Silver, XAGUSD - BUY :
Entry price 14.95 Target price 21.3 (+42.47%) Stoploss 14.5 (-3.01%)

>> Strategy - Coffee C, ICE US: KC - BUY :
Entry price 101.75 Target price 117.5 (+15.48%) Stoploss 95.85 (-5.8%)

Thu. Jun 20, 12:05 (EST)
<< Closed  PLATINUM Futures (CME NYMEX: PL) - BUY Positions: 
Units: 3, Average Profit: +15…