Monthly Archives: May 2011

Free Webinar on Thrusday May 26, 2011 – Swing Trading, Swing Trading Strategies, Futures Trading, Trading

Call 1-800-521-0705  with any questions about upcoming webinars.   Swing Trading With Market Timing Intelligence   Join us for a Webinar on Thursday, May 26, 2011 The most important element of a successful swing trading approach is market timing of both entry and exits. In this educational webinar, you will learn to predict, identify, and… read more

Futures news – EIA reports increase in Crude inventory! Futures broker, futures news, market news.

The EIA reported a that crude oil stocks and gasoline inventories jumped last week due to increased crude imports. Domestic crude stocks rose 616,000 barrels to 370.9 million barrels during the week ending on May 20. 2011. The increase surprised analysts who were expecting a decline of 1.3 million barrels.   Crude imports rose 662,000… read more

Market Alert! – Short S&P turns higher at median line! – swing trading strategies, swing trade signals, price action, action reaction, reversal dates, futures broker

TMV Swing Trade report – Short the S&P (e-mini) at 1311.25 – Exit price @ 1311.25 – In the TMV I said I was looking for a short-term selling opportunity. I was using the reaction line target objective on the 60-minute chart for a target at 1299.50. The market traded lower over night but came… read more

Reversal date summary for May 25, 2011 – swing trading strategies, swing trade signals, price action, action reaction, futures brokerage, market timing

June Dow Jones – The market tested support provided by the upward trending lower parallel line, on the projected reversal date. (Wednesday, May 25, 2011).  This confluence of support may prove significant because it follows a possible 5-wave continuation pattern.  The market  need to confirm a reversal pattern confirmation before we know for sure but if it… read more

MBA Purchase Applications – Economic Trading News, Futures Trading, Futures Broker, Futures Trading Brokerage

Home Mortgage applications for purchase rose 1.5% in the week of May 20; this was a boost after last weeks 3.2% decline. Applications for refinancing rose 1.5% as well; which most likely relates to the favorable interest rates. Prior Actual Purchase Index – W/W Change -3.2 % 1.5 % Refinance Index – W/W Change 13.2 % 0.9 % Composite… read more