TMV Swing Trade report – Short from 216.70 – Coffee traded through the 217.00 support, but appears to have found new support at 215.00. I was only looking for a short-term price swing in Coffee and I think it may have already given it to us. It time to exit the short position and post [...]
Swing Trade market alert. – Short March Coffee has reached target objective!
TMV Swing Trade report – Short March Coffee from 223.10 – Coffee broke support and traded sharply lower into the downward sloping median line (basis the 60-minute chart). I look fro the market to bounce off the median line and offer a second selling opportunity. Therefore, I recommend covering the current short position at 219.25 [...]
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 alert – Will Wednesday’s reversal date turn Coffee around?
Coffee – Coffee closed sharply lower on Tuesday, after trading to a new 20-day high and closing above the downward sloping median line. The market is trading lower into the second projected reversal date in the last three days. When there is a cluster of reversal dates, the latest date is usually the most significant. [...]
Market Alert! – Long December Coffee near 240.00 target objective! – swing trading strategies, swing trade signals, market timing, price action, median line, John Crane
TMV Swing Trade Report – Long December Coffee from 231.75 – last price @ 239.00 – Coffee surged off the bullish TR signal pattern I described in the last issue of the TMV. The trigger price–for the current long position–was triggered early and the market zoomed through the short-term ascending median line and is rapidly [...]
Market Update – What does the “inside” day mean for December Cotton? – swing trade strategies, price action, John Crane, median lines, market timing
December Cotton has been drifting in a sideways price consolidation over the past two weeks. The market formed a minor bullish reaction swing between 9/29 and 10/3. The reaction swing was confirmed on 10/4, when Cotton traded above the prior swing high. However, the breakout stalled when it hit stiff resistance at the confluence of resistance from [...]
Market Update – Short October Sugar hits target objective! Is there a new swing trade opportunity in the near future?
TMV Swing Trade report – Short October Sugar @ 28.95 – Exit price @ 26.75 – Hit the target! – The short position reached the target objective where the short position was closed at 26.75. for a hefty gain. By John Crane
Market update – Bearish Swing Trade Triggered in Coffee. The Next Reversal date and Target Objective is….
TMV Swing Trade report – short December Coffee @ 254.95 – last price @ 251.65 – December Coffee opened steady, but quickly dropped through the 254.95 trigger price to confirm the bearish swing trade signal. The new low confirmed the bearish reaction swing and surged through the downward sloping median line. I will have updated [...]
Market Alert – How were median lines used to determine target objective in Coffee?
TMV Swing Trade Report – Short December Coffee @ 266.45 – Hit the Target objective! – Coffee offers a great example of the power of the median and the need to understand how it can influence price action. In the last issue of the TMV I said Coffee should trade near 255.00 over the next [...]
Coffee – Reversal date and median line combined to trigger major sell signal! What’s next? Swing trading strategies, swing trade signals, price action, median line, market timing
December Coffee rallied from a low of 235.30 to a high of 290.85 in eighteen days. The rally ended when Coffee reached the confluence of resistance–where the upward sloping median line intersected with the downward sloping parallel line–during a cluster of projected reversal dates. Since then, the market has plunged over 2500 points. Coffee could do a [...]