Corn Traders Extend Bullish Bets on South America

Corn traders are bullish for a fifth consecutive week on speculation that dry weather in South America is damaging crops, boosting demand for U.S. supplies at a time when stockpiles are predicted to shrink to a 16-year low….  http://www.bloomberg.com/news/2011-12-30/corn-traders-extend-bullish-bets-on-south-america-crop-damage-commodities.html

Gold Slides to Five-Month Low as Stronger Dollar Erodes Investment Demand

Gold fell to a five-month low in New York as extended gains in the dollar heightened speculation of slowing demand for precious metals. The dollar climbed 0.4 percent against the euro after jumping 1 percent yesterday. Holdings (.GLDTONS) in bullion-backed exchange-traded products fell about 1.5 percent from a record on Dec. 14, data compiled by Bloomberg show. Gold is [...]

Market News – early opening calls

Wheat Falls on Speculation Algeria Still Snubs U.S. Crops; Soybeans Drop – Wheat, set for the biggest annual drop since 2008, fell in Chicago on speculation Algeria again shunned U.S. supplies in favor of alternative sources. ….http://www.bloomberg.com/news/2011-12-29/wheat-falls-on-speculation-algeria-still-snubs-u-s-crops-soybeans-drop.html

Market update – Long March Coffee surges to median line target objective!

TMV Swing Trade report – Long March Coffee from 223.05 – Coffee broke out of the bullish reaction swing, I discussed in the last update, and surged to 229.30 where it ran into resistance at the upward sloping median line (basis the 60-minute chart). The median line can be used as a short-term target objective. [...]

Market update – Long March Corn hits target objective! – median line, reversal dates, swing trading strategies

TMV Swing Trade report – Long March Corn from $5.96 1/2 – Hit the Target! – Corn surged higher today and reached the target objective to close the long position at $6.35. This trade recommendation is a good example of how a market can react after a swing pattern failure. If you are a regular [...]

Market update – Long February Cattle reach target objective!

TMV Swing Trade Report – Long Feb Cattle @ 119.52 – Hit the Target! – Cattle confirmed the new reaction swing as it surged into the median line and the project target.  I will wait to see the price action at the median line to see if a new swing trade opportunity develops. John Crane

Price correction for the March Australian dollar.

TMV Swing Trade report – The stop price for the sell signal in the Australian dollar was incorrect in yesterday’s report. The sell stop should be below the pivot low of the reaction swing. The pivot  low price is .9761. Therefore, the correct sell stop should be .9757. The .9812 price posted in the report [...]