nftrh plus

NFTRH+; Agriculture

[edit] Post was accidentally not password protected.  So be it…

Please pardon the NFTRH+ updates to the general subscriber base, but I consider everything going on this week macro related and relevant.  So these serve as regular updates as well.

In NFTRH 400 it was noted that I would love to see 305 on the GKX index in order to buy back DBA.  This is close enough.  I added DBA back this morning.

gkx

Here is DBA gapping down to the 50 day averages.  I almost bought it yesterday but exercised caution ahead of Brexit.  A good lesson in patience.

dba

I also sold all the leveraged index shorts (still tentatively hold SPY short) noted in this morning’s update but continue to hold long items at this time.  FYI.

A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the buy, sell, stop parameters are already noted. They are meant as a starting point for further research if interested. I will not personally buy every item highlighted and will sometimes sell – without prior notice (because this takes time and resource away from NFTRH’s main functions) – any item that I do buy, below target, which is something I often do as a trader. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.