Monthly Archives: May 2011

Market Alert! – Wheat formed bullish reaction swing, will it confirm the buy signal? [chart] – swing trade strategies, swing trade signals, price action, action reaction, market timing, futures trading

July Wheat formed a bullish five-wave continuation pattern between April 25, 2011 and the May 13, 2011 reversal date. The market posted pivot low on the May 13th reversal date and turned higher, followed by three higher price bars and a close above the 20-day EMA. The price action was followed by a pullback to… read more

Market Alert! Lean Hogs gap lower and trigger new selling opportunities. – swing trading strategies, swing trade signals, price action, action reaction, market timing

June Lean Hogs opened sharply lower, leaving a gap and trading below the prior swing low and downward trending median line. The price action confirms overall technical weakness in the market and portends further downside pressure into the June 2, 2011 and June 6, 2011 projected reversal dates. The action-reaction projection also show a projected… read more

Currencies review – swing trading strategies, swing trade signals, action reaction.

Currencies are all trading under pressure from a higher dollar. The dollar is trading higher, after breaking out of a bullish reaction swing chart pattern that portends a continuation of this price advance into the May 26th reversal date. The British pound, Canadian dollar, and the Australian dollar  remain bearish due to negative price action… read more

Swing Trading strategies – July Wheat sets up for new price move. – swing trade signals, price action, action reaction, reversal dates

July Wheat competed a downward trending 5-wave continuation pattern between the April 25, 2011 and May 12, 2o11 reversal dates, with a pivot low at $7.23. The market tested the lower parallel line support on the May 12th reversal date and turned higher. The pivot low was followed by a strong two and half day… read more

Trade Alert! – Short July Cocoa breaks support. – swing trading strategies, swing trade signals, action reaction, reversal dates, market timing.

TMV Swing Trade report – Short July Cocoa @ 3012 – current price @ 2901 – Patience finally paid off as the Cocoa breaks support and quickly falls over 70 points during Friday’s session. So where to now? The next reversal date is due on May 27th and the reaction line intersects with the descending… read more

Reversal dates for the week of May 23 through May 27. – swing trading strategies, action reaction, market timing, swing trade signals

Monday – May 23 – Soybeans, Soy meal, Heating oil, S&P, Rice Tuesday – May 24 – Crude oil, Natural gas, Sugar Wednesday – May 25 – Dow Jones Thursday – May 26 – Dollar index, Sugar Friday – May 27 – Cattle, Wheat, Cocoa, Nasdaq For information about how to use the reversal dates,… read more