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JJG First Price Target Hit for a 4% Beta-Adjusted Gain

The JJG (Grains ETN) Active Long Swing Trade has just hit the first target, T1 at 26.11, for a quick gain of 3.2% or a 3.8% beta-adjusted gain, as the suggested beta-adjusted position size on this trade was 1.2%. T2 at 26.77 remains the final target at this time although I may add additional price targets if the intermediate to longer-term technical outlook for the grains continues to firm up. Previous & updated daily charts:

click on first chart to expand, then click on the right of the expanded chart to advance to the following chart. Once expanded, the charts can be panned & zoomed for additional detail.

2018-02-13T10:01:14+00:00Feb 13, 2018 10:01am|Categories: Completed Trades - Long, Gold & Commodities|Tags: |Comments Off on JJG First Price Target Hit for a 4% Beta-Adjusted Gain