September S&P tested support at the intersection of the the downward sloping median line and the reaction line. The market responded with a strong rebound, while forming the (D) pivot of the TR pattern sequence. This price action is bullish and offers a swing trading opportunity with the potential to test the recent swing high of 1293,75.… read more
Monthly Archives: June 2011
Reversal dates for the week of June 27 through July 1.
Monday – Soybeans, Eurocurrency, British pound, Cocoa Tuesday – Hogs, Japanese yen, Coffee Wednesday – Wheat, Dollar index, Eurocurrency Thursday – Corn, Crude oil, RBOB gas, Silver, Cotton Friday –… read more
Grains Opening Calls : Futures Trading News, Futures Trading Broker
Soybeans 5 to 7 cents higher Wheat 7 to 9 cents higher Corn 11 to 13 cents higher… read more
GDP : Futures Trading News, Futures Trading Broker
Real GDP up at 1.9% from 1.8% GDP price index up at 2.0% from 1.9%… read more
Durable Goods Orders : Futures Trading News, Futures Trading Broker
Durable Goods was up 1.9% up from 1.5%… read more
Market Alert! Short British pound hit target objective! – swing trading strategies, swing trade signal, market timing, price action, action reaction, median lines,
TMV Swing Trade report – Short September British pound @ 1.6070 – Hit the Target! The British pound traded through the downward sloping median line (daily chart) and plunged to its lowest level since late March. Because of the high volatility price action, I dropped to the sixty minute chart to look “inside” the bar… read more
Grain Opening Calls : Futures Trading News, Futures Trading Broker
Corn 5 to 7 cents lower Soybeans 6 to 8 cents lower Wheat 10 to 15 cents lower Stronger Dollar and lower crude oil… read more
MBA Purchase Applications : Futures Trading News, Futures Trading Broker
Purchase Index dropped from 4.5% to -2.8% for the week of June 17 Refinance Index dropped from 16.5% to -7.2% Composite Index dropped from 13.0% to -5.9%… read more
Existing Home Sales : Futures Trading News, Futures Trading Broker
Existing home sale was down form Aprils 5.05M May came in at 4.81M… read more
Redbook : Futures Trading News, Futures Trading Broker
Redbook was up for the week of June 18 at 4.2% up from 3.2%… read more