Monthly Archives: June 2011

Market News – USDA reduces Corn production –

* Rain, floods cut US corn planting by 1.6 pct-USDA * Smaller plantings cut US corn 2.2 pct, tighten stocks * Corn supply tight now, to tighten with new crop-USDA * US rice crop down 5.5 pct from May due to flooding * Winter wheat up 2 pct from May, trade expected drop A cold,… read more

Market Update -How I selected the target objective for July Wheat. – swing trading strategies, swing trading signal, price action, action reaction, median lines, trading futures.s

Looking into the past price action can offer some of the best information about future price action. The 60-minute chart of July Wheat offers a great example of this type of trading information. July Wheat traded sharply lower on Monday ans continued lower during Tuesday’s session before turning higher on Wednesday…without warning. However, if you… read more

MBA Purchase Applications: Futures Trading News, Futures Trading Brokers, Futures Trading

Mortgage application to purchase a home dropped 4.4% for the week of June 3.  Refinancing was up 1.3% help from mortgage rates at 4.54% for a 30 year loan lowest level since November. Composite Index was Down 0.4%… read more

Market Update – What will happen to Wheat next week? – swing trading strategies, swing trading signals, price action, action reaction, median lines, trading futures

During the trading session of June 7, 2011 the TMV Swing Trade  report was short three July Wheat and I posted a blog and chart with the following message – TMV Swing Trade report – short July Wheat @ $7.52 1/2 – current price @ $7.37 – Wheat traded sharply after the opening of the… read more