TMV Swing Trade report – Long March Wheat from $6.58 – Wheat prices surged out of the bullish reaction swing and are quickly approaching the the target objective where the upward sloping median line intersects the down sloping reaction line. I look for the market to pause at this level and possibly pullback. Therefore, I [...]
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 [...]
Reversal dates for the week of January 23 through January 27.
Monday – Cattle, Heating oil, Dollar index, Sugar Tuesday – Copper, Cocoa Wednesday – Silver, Dollar index Thursday – Soybeans, Bean oil, Crude oil, Australian dollar, Rough Rice Friday -
Market alert – Update on long February Crude oil.
TMV Swing Trade report – Long February Crude oil from 101.80 – The longer-term cycle remains bullish, but I see a bearish TR pattern forming on the intra-day 60-minute chart. I recommend exiting the long position and look to re-enter on a pullback below 100.00.
Reversal dates for the week of January 2 through January 6.
Monday – Silver, S&P Tuesday – RBOB gas Wednesday – Cocoa Thursday – Live Cattle, Lean Hogs, Rice Friday – Copper, Treasury bonds
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 [...]
Reversal Dates for the week of December 26 through December 30.
Monday – Tuesday – Bean oil, Heating oil, Eurocurrency, British pound Wednesday – Corn, Crude oil, Gold Thursday Friday – Cattle, Copper, Sugar
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
Reversal dates for the week of December 19 through December 23.
Monday – Lean Hogs, Corn, S&P, Dollar index Tuesday – Wednesday- Crude oil Thursday – Sugar Friday – Bean oil, RBOB gas, British pound