Commodity Futures trading strategy - Friday, May 7, 2021
Commodity Futures Trend Forecast (Reference only)
Gold : BUY-CloseT, Target 1850 (Gold spot, XAU/USD)
Silver : BUY-Hold, Target 39 (Silver spot, XAG/USD)
Platinum : BUY-Hold, Target 1545 (NYMEX: PL, Platinum Futures)
Rice : BUY, Entry 13.695, Target 18.5 (CBOT: ZR, Rough Rice Futures)
Wheat : BUY-Hold, Target 965 (CBOT: ZW, Chicago SRW Wheat Futures)
Corn : BUY-Hold, Target 792 (CBOT: ZC, Corn Futures)
Soybean : BUY-Hold, Target 1910 (CBOT: ZS, Soybean Futures)
Soy Oil : BUY-Hold, Target 82.3 (CBOT: ZL, Soybean Oil Futures)
Soy Meal : Watch, Target (CBOT: ZM, Soybean Meal Futures)
Sugar : BUY-Hold, Target 22.8 (NYCC: SB, Sugar No. 11, Raw cane Futures)
Coffee : BUY-Hold, Target 232 (NYCC: KC, Coffee C, Arabica Futures)
R Coffee : BUY-Hold, Target 1895 (ICEU: RC, Robusta Coffee Futures)
Cotton : BUY-Hold, Target 159 (NYCC: CT, Cotton No. 2 Futures)
Lean Hog : BUY-Hold, Target 175 (CME: HE, Lean Hog Futures)
Lumber : BUY-Hold, Target 1720 (CME: LBS, Random Length Lumber Futures)
Brent : BUY-Hold, Target 74.5 (ICEU: B/BRN, Brent Crude Oil Futures)
WTI : BUY-Hold, Target 70 (NYMEX: CL, WTI Crude Oil Futures)
Gasoline : BUY-Hold, Target 2.6 (NYMEX: RB, RBOB Gasoline Futures)
Heating Oil : BUY-Hold, Target 2.5 (NYMEX: HO, NY Harbor ULSD Futures)
N Gas : BUY-Hold, Target 4.8 (NYMEX: NG, Henry Hub Natural Gas Futures)
Palladium : BUY-Hold, Target 3500 (NYMEX: PA, Palladium Futures)
Copper : BUY-CloseT, Target 4.65 (COMEX: HG, Copper Futures)
Aluminum : BUY-Hold, Target 3050 (COMEX: ALI, Aluminum Futures)
Iron Ore : BUY-Hold, Target 240 (COMEX: TIO, Iron Ore 62% Fe Futures)
Copper : BUY-CloseT at 4.65 (13.28%) on May 7, 2021, Entry at 4.105 on Apr 15, 2021, Holding for 22 days, COMEX: HG, Copper Futures
Note: Trading strategies are based on forecasts for the future, so they may be right or wrong. I hope you make a better strategy of your own by referring to the above and get a lot of profit from good trading.
Gold : BUY-CloseT, Target 1850 (Gold spot, XAU/USD)
Silver : BUY-Hold, Target 39 (Silver spot, XAG/USD)
Platinum : BUY-Hold, Target 1545 (NYMEX: PL, Platinum Futures)
Rice : BUY, Entry 13.695, Target 18.5 (CBOT: ZR, Rough Rice Futures)
Wheat : BUY-Hold, Target 965 (CBOT: ZW, Chicago SRW Wheat Futures)
Corn : BUY-Hold, Target 792 (CBOT: ZC, Corn Futures)
Soybean : BUY-Hold, Target 1910 (CBOT: ZS, Soybean Futures)
Soy Oil : BUY-Hold, Target 82.3 (CBOT: ZL, Soybean Oil Futures)
Soy Meal : Watch, Target (CBOT: ZM, Soybean Meal Futures)
Sugar : BUY-Hold, Target 22.8 (NYCC: SB, Sugar No. 11, Raw cane Futures)
Coffee : BUY-Hold, Target 232 (NYCC: KC, Coffee C, Arabica Futures)
R Coffee : BUY-Hold, Target 1895 (ICEU: RC, Robusta Coffee Futures)
Cotton : BUY-Hold, Target 159 (NYCC: CT, Cotton No. 2 Futures)
Lean Hog : BUY-Hold, Target 175 (CME: HE, Lean Hog Futures)
Lumber : BUY-Hold, Target 1720 (CME: LBS, Random Length Lumber Futures)
Brent : BUY-Hold, Target 74.5 (ICEU: B/BRN, Brent Crude Oil Futures)
WTI : BUY-Hold, Target 70 (NYMEX: CL, WTI Crude Oil Futures)
Gasoline : BUY-Hold, Target 2.6 (NYMEX: RB, RBOB Gasoline Futures)
Heating Oil : BUY-Hold, Target 2.5 (NYMEX: HO, NY Harbor ULSD Futures)
N Gas : BUY-Hold, Target 4.8 (NYMEX: NG, Henry Hub Natural Gas Futures)
Palladium : BUY-Hold, Target 3500 (NYMEX: PA, Palladium Futures)
Copper : BUY-CloseT, Target 4.65 (COMEX: HG, Copper Futures)
Aluminum : BUY-Hold, Target 3050 (COMEX: ALI, Aluminum Futures)
Iron Ore : BUY-Hold, Target 240 (COMEX: TIO, Iron Ore 62% Fe Futures)
Copper : BUY-CloseT at 4.65 (13.28%) on May 7, 2021, Entry at 4.105 on Apr 15, 2021, Holding for 22 days, COMEX: HG, Copper Futures
Note: Trading strategies are based on forecasts for the future, so they may be right or wrong. I hope you make a better strategy of your own by referring to the above and get a lot of profit from good trading.
