Authored by Vittoria Onufrio via Halifax America Spread Trading Newsletter

Let’s take a look at the following spread CLF8-CLG8 (Crude oil)
The Spread Indicator entered the overbought level. The indicator crossed above 80 suggesting that the January 2018 crude oil contract is weaker than the February 2018 contract. I would consider selling crude oil January 2018 and buying February 2018 at the closing of the market.
 
 
Let’s take a look at the following spread OJH8-OJK8 (Orange Juice)
 
The Spread Indicator entered the oversold level. The indicator crossed below minus 80 suggesting that the March 2018 Orange juice contract is stronger than the May 2018 contract. I would consider buying Orange juice March 2018 and selling Orange juice May 2018 at the closing of the market.
 
 
Please feel free to contact me at vonufrio@halifaxamerica.com or www.vonufrio.com
—————————————————————————————————————————
These recommendations are a solicitation for entering into derivatives transactions. All known news and events have already been factored into the price of the underlying derivatives discussed. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. No representation is being made that any account has in the past, or will in the future, achieve profits using these recommendations. No representation is being made that price patterns will recur in the future.
Trading Futures, Options on Futures, and Forex involves substantial risk of loss and is not suitable for all investors. Carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment and only risk capital should be used. Opinions, market data, and recommendations are subject to change at any time. The lower the margin used the higher the leverage and therefore increases your risk. Past performance is not necessarily indicative of future results