August Crude oil traded higher after the Dept of Energy report a higher that expected draw on supplies last week. However, the rally was short-lived after crude failed after trading above the previous swing high–basis the 60-minute chart– and turned lower. This price action is negative and triggered a sell signal during the decline. For… read more
Monthly Archives: June 2011
Market news – Crude Oil Futures trade higher, but fail to hold gains after energy report.
Crude oil rallied off lows after an Energy Department report showed a bigger-than-forecast decrease in U.S. inventories. The report shows supplies fell by 3.41 millions barrels to 365.6 million barrels last week. Inventories were estimated to decrease by only 1.8 millions barrels. The supply decrease was offset my lower demand for diesel fuel and heating… read more
Swing Trading with Market Timing Intelligence – Using Action-Reaction and Median lines to improve your timing for entry and exits
Swing Trading with Market Timing Intelligence Using Action-Reaction and Median lines to improve your timing for entry and exits Swing trading is becoming one of the most popular trading approaches. Traders are finding that day-trading can be emotionally and physically draining and long-term investing has become difficult in the current high volatility market trading… read more
Grain Opening Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Soybeans 1 to 3 cents lower Corn 3 to 5 cents lower Wheat 1 to 3 cents lower Pressure from a soaring dollar and falling crude oil tied to concerns about the U.S. and European economies. … read more
Consumer Price Index : Futures Trading News, Futures Trading Brokers, Futures Trading
CPI was down from 0.4% to 0.2% Year-to-year was up to 3.4% from 3.1% If one take out food and energy was up a little at 0.3% from 0.2% and year-to-year was up 1.5% from 1.3%… read more
Market Alert! September Eurocurrency confirms bearish reaction swing. – swing trading signals, swing trading, market timing, action reaction, price action, median lines, futures trading
The recent corrective rally in September Eurocurrency peaked inside the 60% sell window, one day before the June 8, 2011 reversal date. Five days later, the euro confirmed a bearish reaction swing and triggered a new sell signal at 1.4280. The action/reaction price action suggests a price decline into the June 21 or June 24th… read more
MBA Purchase Applications : Futures Trading News, Futures Trading Brokers, Futures Trading
Week of June 10 was good for mortgage bankers, price index was up to 4.5% from -4.4%, refinance jumped to 16.5% from 1.3% and composite index also jumped up to 13.0% from -0.4%… read more
Grains Called Lower : Futures Trading News, Futures Trading Brokers, Futures Trading
Soy beans 3 to 5 cents lower Corn 9 to 11 cents lower Wheat 1 to 4 cents lower Good weather should help the new crop… read more
Retail Sales : Futures Trading News, Futures Trading Brokers, Futures Trading
Retail Sales went from 0.5% down to -0.2 % Retail sales less auto dropped from 0.6% down to 0.3%… read more
Producer Price Index : Futures Trading News, Futures Trading Brokers, Futures Trading
PPI dropped 0.6% down to 0.2% PPI less food and energy dropped 0.1% down to 0.2% Energy was up 1.5%… read more