Released on 7/20/2011 10:30:00 AM For wk7/15, 2011 Prior Actual Crude oil inventories (weekly change) -3.1 M barrels -3.7 M barrels Gasoline (weekly change) -0.8 M barrels 0.8 M barrels Distillates (weekly change) 3.0 M barrels 3.4 M barrels The Crude oil remains steady after the release of the EIA weekly energy report. The chart price action remains neutral to bullish… read more
Monthly Archives: July 2011
Market news – Exiting Homes sales fall to seven-month low. Futures trading news, swing trading strategies,
Existing home sales Released on 7/20/2011 10:00:00 AM For Jun, 2011 Prior Consensus Consensus Range Actual Existing Home Sales – Level – SAAR 4.81 M 4.900 M 4.800 M to 5.200 M 4.77 M Existing Home Sales – M/M Change -3.8 % -0.8 % Existing Home Sales – Yr/Yr Change -15.3 % -8.8 % Existing homes sales fell during June to touch a seven-month low… read more
Market news – Grains opening calls
Wheat – futures are called to open the day session 6 to 8 cents higher as traders continue to cover short positions due to hot weather and weakening dollar. Soybeans – futures are called to open 6 to 8 cents higher on concerns about stressful weather conditions in the mid west. Corn – futures are… read more
Market Alert! – Reversal date triggers buy in Crude oil. – swing trade strategies, swing trade signals, price action, action reaction, median line
Crude oil is trading sharply higher due to the weaker dollar and concerns that Wednesday’s oil stock’s report will be bullish. The market posted a pivot low on Monday’s projected reversal date, setting up a bullish swing trade opportunity. Buy September Crude oil with a stop loss at 95.02. … read more
Opening Grain Calls : Futures Trading News, Futures Trading Broker
Wheat 20 to 25 cents higher Corn 18 to 20 cents higher Soybeans 10 to 12 cents higher Weather condition overseas causing delays in wheat harvest… read more
Opening Grain Calls : Futures Trading News, Futures Trading Broker
Wheat 10 to 15 cents lower Soybeans 8 to cents lower Corn 12 to 15 cents lower Cooler weather in the forecast, some moister as well and a stronger dollar… read more
Reversal dates for the week of July 18 through July 22. – price action, market timing, action reaction
Monday – July 18 – Cattle, Soybeans, Crude oil, Natural gas, Canadian dollar, Australian dollar, Sugar Tuesday – July 19 – Wednesday – July 20 – Japanese yen Thursday – July 21 – RBOB gas, Gold, Australian dollar, Cocoa Friday – July 22 – Hogs, Soybeans, Silver, Copper, S&P For more information about reversal dates… read more
Opening Grain Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Wheat 4 to 6 cents lower Soybeans 5 to 6 cents higher Corn 5 to 6 cents higher … read more
Market Alert! – Long Soybeans have reached median line! – swing trade strategies, swing trade signals, price action, action reaction, market timing.
TMV Swing Trade Report – Long November Soybeans from $13.30 1/2 – last price @ $13.80 1/2 – Soybeans have reached the upward trending median line. The median line will usually act as a resistance level where the market will turn lower or begin a short-term consolidation. Therefore, I recommend exiting the long position at… read more
Opening Grain Calls : Futures Trading News, Futures Trading Brokers, Futures Trading
Corn 2 to 3 cents higher Soybeans 4 to 6 cents higher Wheat 4 to 6 cents lower Weather forecasts for hot and dry U.S. weather next week that may harm some of the pollinating crop.… read more