TMV Swing Trading Report – Short February Gold from $1714.10 – last price @ $1696.70 – Gold dropped through support and triggered the sell signal overnight. The market has continued under heavy selling pressure all morning and is rapidly approaching a short-term parallel line support. I suggest a target objective at $1691.00. If the objective is reached, [...]
Market Alert! – “Inside” day to trigger new sell signal for Gold.
TMV Swing Trading Report – Short from $1755.50 – Exit price @ $1754.50 – The short position was closed as Gold traded above the high of Tuesday’s “inside” day. However, the cycle is still bearish and the current corrective rally has failed after testing the downward sloping 20-day EMA. A trade below the low of [...]
Reversal/Reaction dates for the week of October 15 through October 19. -
Monday – Live Cattle, Bean oil, Treasury bonds Tuesday – Crude oil, Gold, S&P, Cocoa Wednesday – RBOB gas, Eurocurrency Thursday – Live Cattle, Canadian dollar, Coffee Friday – Cotton Click here to learn how to use Reversal dates to improve you entry and exits.
Market update – Short Bean oil hits target objective! – swing trades, median line, price action
TMV Swing Trade report – December Soybean oil – short from 56.55 – exit price @ 52.60. Hit the target! Bean oil reached the TR pattern target objective as it traded through 52.60 on the projected R date. To learn how to use “Market Timing Intelligence” to enhance you trading performance, click here to access free [...]
Market Alert! – Soybeans rally fails, shifting into new bearish cycle.
TMV Swing Trading report – Long November Soybeans from $17.51 1/2 – Soybeans tried to rally during Friday’s session, but failed to hold and closed lower on the day. The lower open, for Monday’s session, has confirmed a new C to D reaction swing and TR pattern. This price action suggests the bullish cycle is [...]
Market Alert – Short Japanese yen has reached short-term target objective!
TMV Swing Trade report – Short September Japanese yen from 125.87 – last price at 1.2479 – The yen formed a short-term consolidation on the downward sloping median line before breaking lower. The market has reached the lower parallel line where it should bounce. I recommend covering the short position and waiting for a rebound [...]
Market Alert! Short July Soybeans have reached the median line target objective. – swing trading, median line
Short July Soybeans from $13.79 – last price at $13.28 – July Soybeans have tested and bounced off the downward sloping median line (basis the 30-minute chart). The median will act as support and should provide a springboard for a short term bounce in the Soybeans. In addition, Friday is a short-term reversal date, based [...]
Market Update – Short July Copper reaches target objective! – Swing trading strategies, swing trade, action-reaction
TMV Swing Trade Report – Short July Copper from 365.50 – Hit the Target! – Copper continued to trade lower overnight and reached the 346.50 target objective to close the short position with a hefty gain. (365.50 – 346.60 = 18.90 x $2.50 = $4,725.00) The target objective was reached before the May 18th projected [...]
Market Alert! – Short Lean Hogs approaching target objective! swing trades
TMV Swing Trade Report – Short June Lean Hogs from 85.57 – Lean Hogs have been in a downward price spiral for the past two weeks. The price action has following the Reaction cycle to the tee, but the cycle is coming to an end and Hogs appear ready for a reversal or corrective rebound. Therefore, [...]
Market Update – Short May Sugar hits target objective! – Action reaction
Short May Sugar from 24.09 – exit price @ 22.45 – Hit target objective. Sugar shook off an early session rally and dropped to the reaction/median line target objective, on the reversal date. I’ll continue to monitor Sugar to see if a new signal pattern emerges. To learn more about Action/Reaction and Market Timing Intelligence [...]