ClearTrade: Futures Trading, Futures Brokers, Online Futures Trading

The Joss Report April 14, 2019

MAY CORN FUTURES (CK9)

The proposed trade risk for May Corn next week:

The sell side $1,350.

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes below 354.25***:

Traders are advised to sell, placing stops above 380.75*.

# 2) Multiple closes below 342.50***:

Traders are advised to sell, placing stops above 375.00*.

# 3) Multiple closes below 337.00***:

Traders are advised to sell, placing stops above 366.25*.

# 4) Multiple closes below 335.50***:

Traders are advised to sell, placing stops above 363.50*.

# 5) Multiple closes below 333.75***:

Traders are advised to sell, placing stops above 356.00*.

Our objective is 325.00**.

# 6) Multiple closes above 392.25***:

Traders are advised to sit on the sidelines.

Our objective is 325.00**.

________________________________________

MAY E-MINI CRUDE OIL (QMK9)

The proposed trade risk for May E-Mini Crude Oil next week:

The buy side $3,620.

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes above 65.39***:

Traders are advised to buy, placing stops below 58.17*.

# 2) Multiple closes above 66.02***:

Traders are advised to buy, placing stops below 60.73*.

# 3) Multiple closes above 67.26***:

Traders are advised to buy, placing stops below 61.82*.

# 4) Multiple closes above 68.28***:

Traders are advised to buy, placing stops below 63.13*.

# 5) Multiple closes above 69.98***:

Traders are advised to buy, placing stops below 64.79*.

# 6) Multiple closes below 54.87***:

Traders are advised to sit on the sidelines.

Our objective is 75.94**.

________________________________________

JUNE EMNI S&P (ESM9)

The proposed trade risk for the June EMINI next week:

The buy side $7,287.

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes above 2934.75***:

Traders are advised to buy, placing stops below 2789.50*.

# 2) Multiple closes above 2947.00***:

Traders are advised to buy, placing stops below 2840.75*.

# 3) Multiple closes above 2961.25***:

Traders are advised to buy, placing stops below 2866.00*.

# 4) Multiple closes above 2975.25***:

Traders are advised to buy, placing stops below 2877.25*.

# 5) Multiple closes above 2990.25***:

Traders are advised to buy, placing stops below 2914.75*.

# 6) Multiple closes below 2726.50***:

Traders are advised to sit on the sidelines.

Our objective is 3289.50**.

________________________________________

MAY SOYBEAN FUTURES (SK9)

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes above 953.00***:

Traders are advised to buy, placing stops below 883.00*.

# 2) Multiple closes above 970.00***:

Traders are advised to buy, placing stops below 893.50*.

# 3) Multiple closes above 976.25***:

Traders are advised to buy, placing stops below 912.00*.

# 4) Multiple closes above 993.75***:

Traders are advised to buy, placing stops below 924.75*.

# 5) Multiple closes above 1003.50***:

Traders are advised to buy, placing stops below 945.00*.

Our objective is 1034.50**.

# 6) Multiple closes below 871.50***:

Traders are advised to sell, placing stops above 945.00*.

# 7) Multiple closes below 860.25***:

Traders are advised to sell, placing stops above 924.75*.

# 8) Multiple closes below 853.00***:

Traders are advised to sell, placing stops above 912.00*.

# 9) Multiple closes below 839.75***:

Traders are advised to sell, placing stops above 893.50*.

# 10) Multiple closes below 821.25***:

Traders are advised to sell, placing stops above 883.00*.

Our objective is 790.00**.

________________________________________

JULY SUGAR (SBN9)

The proposed trade risk for July Sugar next week:

The buy side $1,926.
The sell side $2,060.

WHAT ARE TRADERS ADVISED TO DO NEXT WEEK?

Below are possible trading modules for futures traders to consider next week:

# 1) Multiple closes above 13.69***:

Traders are advised to buy, placing stops below 11.99*.

# 2) Multiple closes above 13.94***:

Traders are advised to buy, placing stops below 12.29*.

# 3) Multiple closes above 14.11***:

Traders are advised to buy, placing stops below 12.62*.

# 4) Multiple closes above 14.29***:

Traders are advised to buy, placing stops below 12.99*.

# 5) Multiple closes above 14.57***:

Traders are advised to buy, placing stops below 13.13*.

Our objective is 14.99**.

# 6) Multiple closes below 11.78***:

Traders are advised to sell, placing stops above 13.60*.

# 7) Multiple closes below 11.39***:

Traders are advised to sell, placing stops above 13.13*.

# 8) Multiple closes below 11.06***:

Traders are advised to sell, placing stops above 12.62*.

# 9) Multiple closes below 10.94***:

Traders are advised to sell, placing stops above 12.29*.

# 10) Multiple closes below 10.72***:

Traders are advised to sell, placing stops above 11.99*.

Our objective is 10.28**.

________________________________________

* (Futures traders and their account executives are advised to discuss this suggested stop).

** (Traders can exit or hedge a trade position before reaching this objective but are advised to remove any resting stop orders).

*** (Conservative traders are advised to wait for multiple closes (4 business days) before establishing a position and are advised to use resting stop orders.)

*** (Very aggressive Traders can enter a trade position without multiple closes but are advised to use resting stop orders).

Commodity/Futures and options trading involve substantial risk. See risk disclaimer.

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