Both completed rectangles today. PGR looks a little sloppy so I took a small position. UNH is shown on a weekly chart.
Symbol | Position | Price Position Opened |
Stop | Limit |
PGR | Long | 219.4 | 214 | 235 |
UNH | Long | 568 | 550 | 658 |
Both completed rectangles today. PGR looks a little sloppy so I took a small position. UNH is shown on a weekly chart.
Symbol | Position | Price Position Opened |
Stop | Limit |
PGR | Long | 219.4 | 214 | 235 |
UNH | Long | 568 | 550 | 658 |
I was knocked out of the Yen for a small profit. My stops for the Aussie Dollar and Gold are set to a break even point.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
0 | ||||||
Total Open Profit/Loss Stocks | 0.00% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
6A | Long | 7/9/24 | 0.6753 | 0.6797 | 0.65% | |
GC | Long | 6/28/24 | 2386 | 2416 | 1.26% | |
Total Open Profit/Loss Futures | 1.91% |
I am long with a stop at 0.6713 and a target of 0.68863.
I am long the December contract with a stop at 2320 and a target of 2700. It is at the bottom of the rectangle and I expect it to break out on the upside.
I am short the December contract with a stop at 44 and a target of 39.
I am short with a stop at .00644 and a target of .0061
I am long HSY with a stop at 200 and a target of 230.
I am long KBE with a stop at 46 and a target of 53.
I decided to take a small long position in natural gas (December 2024 contract). Stop is at 3.53 with a target of 3.9.
Technically, this market has not broken out yet from the rectangle. However, the front months are looking strong, and the market looks like it wants to go higher. I consider this a low-risk high-reward trade. Natural gas can be an explosive market.
I am long with a stop at 0.6627 and a target of 0.685.
STOCKS | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
Total Open Profit/Loss Stocks | 0.00% | |||||
FUTURES | ||||||
Symbol | Position | Date Position Opened |
Price Position Opened |
Week Closing Price |
Percent Change |
|
ZC | Long | 5/3/24 | 484.75 | 482.75 | -0.41% | |
ZM | Long | 4/29/24 | 351 | 373.2 | 6.32% | |
Total Open Profit/Loss Futures | 5.91% |