Market Alert! – Short June Gold reaches target objective! [chart]

TMV Swing Trade Report – June Gold – Short from $1454.50 – Current price $1394.00 – Gold has reached the latest sloping reaction line target objective. I expect to see a bounce off the line. It is time to close the current short position for a hefty gain. I will continue to monitor the market [...]

Market Alert! – Short Natural gas has reached 1st target objective! [Chart]

June Natural gas – Short from 4.310 – last price @ 4.062 – N-gas confirmed the bearish TR pattern sequence with a trade through the 4.310 trigger price. The market price drop was quick, but did find support at the longer-term ascending parallel line. I look for a short-term bounce to a least a pause [...]

Market Alert – New buy signal triggered in May Wheat, new target determined. Action reaction, swing trading

TMV Swing Trade report – Long May Wheat from $7.31 1/2 – last price @ $7.37 1/2 – Wheat futures dipped into the March 26th reversal date, where it found support at the upward sloping red line. The market reacted to the reversal date and the longer-term reaction swing (3/20 to 3/23) and traded above [...]

Market Alert – May Corn poised for new price advance! – median line, action, reaction

TMV Swing Trade report – Long May Corn from $7.18 – Exit price at $7.21 1/2 – The long corn position was closed when the market dipped to a low of $7.21 1/2, just touching the profit stop level, before turning higher and resuming the upward trend. The market is poised to push above the [...]

Market Alert – Reversal date low could spark recovery in Live Cattle.

TMV Swing Trade Report – Live Cattle dipped below Friday’s low (127.12) and posted a new low of 127.02 on the projected reaction date. As soon as the market traded at the new low, a surge of buying entered the market and triggered a reversal date Cattle turned higher. The price action suggests Monday’s reaction [...]

Market Alert – Soybeans approaching target objective!! – median line, price action, reversal date

Long March Soybeans from $14.29 1/4 – current price @ $14.67 1/2 – Soybeans have rallied off the double bottom, formed on the upward sloping parallel line, and have surged throughout the trading session. The market is approaching the downward sloping (red) parallel line, where it could hit resistance. This is a good level to [...]

U.S. Soy Supply at 48-Year Low as Brazil Ships Held: Commodities

Dry weather and shipping delays in South America are boosting demand for soybeans from the U.S., the world’s largest grower and exporter, and producing the tightest inventories in almost five decades. Stockpiles will shrink to a nine-year low of 130 million bushels on Aug. 31, before the next U.S. harvest, according to the average of [...]

Market Update – Sliver peaks inside 60% sell window – sell signal confirmed.

March Silver – The counter-trend rally ended after the market peaked inside the 60% sell window. Wednesday’s rally pushed the market just past the 60% level (33.73) and closed against the downward sloping parallel line, setting up a possible bearish reaction swing. The sell pattern was confirmed today, after Silver opened lower–leaving a gap–and traded [...]

Market Alert! – Sharp price decline reaches median line target objective for short December Japanese yen

TMV – Swing Trade report – Short December Japanese yen – short from 1.2083 – last price @ 1.2024 – I have been waiting for the Yen to break out of the recent consolidation pattern. It finally happened this morning, so I recommend using the sharp price decline as an opportunity to cover the short [...]