Corn 30 cents higher Wheat 15 to 20 cents higher Soybeans 20 to 30 cents higher Bullish crop production data from the U.S. Department of Agriculture,… read more
Futures Commentary
Jobless Claims : Futures Trading News, Futures Trading Broker
Jobless claims came in at 395k down from 400k. Jobless claims have not been below 400k since April.… read more
What is the reversal date saying about Soybeans? – swing trading strategies, swing trade signals, market timing, price action, median line
The recent 5-day decline in Soybeans came to a halt when the market reached the downward sloping median line, on the August 9th reversal date. The market tested the median support before closing above the line Tuesday, The gap higher opening on Wednesday is a strong beginning for the “trail day” and will confirm a… read more
Opening Grain Calls : Futures Trading News, Futures Trading Broker
Soybeans 2 to 4 cents higher Corn 1 to 3 cents higher Wheat 1 to 3 cents higher Weaker dollar, higher crude oil and out side markets will have a big effect on the grains.… read more
Market report – The U.S dollar is trading lower vs. other major currencies after S&P downgrades it AAA rating.
The U.S. Dollar continues to trade lower against most major currencies after Standard & Poor’s downgraded U.S. top credit rating from AAA to AA+ on Friday. The decision raised concerns over the fiscal issue of the world’s biggest economy. Although the Federal Reserve Open Market Committee is scheduled to meet tomorrow, traders didn’t wait and… read more
Reversal dates for the week of August 8 – August 12
Monday – August 8 – Tuesday – August 9 – Wheat, Silver, Australian dollar Wednesday – August 10 – Bean oil, Gold, Treasury bonds Thursday – August 11 – Cocoa, Coffee Friday – August 12 – Soy meal, Crude oil, British pound… read more
Opening Grain Calls : Futures Trading News, Futures Trading Broker
Soybeans 13 to 15 cents lower Wheat 11 to 13 cents lower Corn 10 to 12 cents lower Stronger dollar, weaker crude oil and better weather condition in the US… read more
Opening Grain Calls : Futures Trading News, Futures Trading Broker
Soybean 14 to 16 cents higher Corn 8 to 10 cents higher Wheat 11 to 13 cents higher higher crude prices and weaker dollar… read more
Market Alert – Short S&P approaching target objective, is it time to exit? – swing trading strategies, swing trading signals, action reaction, price action
TMV Swing Trading Report – Short September S&P @ 1321.50 – current price @ 1300.50 – S&P posted a low of 1295.75–just missing the target objective of 1295.50–before turning higher. The market posted this new low near the upward sloping median line and on today’s projected reversal date. I look for the corrective rebound to… read more
How to get more information about Swing Trading with Market Timing Intelligence.
Thank you to everyone to attended my webinar Wednesday afternoon. There were a lot of great questions and discussion about Swing Trading with Market Timing Intelligence using Action/Reaction. Because time was limited I was only able to cover the basics of trading strategy. Many of you asked for more information and more examples of the swing trading… read more