Market alert! – Long March Wheat approaching median line target objective!

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 [...]

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.  

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 [...]