TMV Swing Trade report – Long September Silver @ 41.12 – Silver was unable to remain above the upward sloping median line and reversed direction mid-session. A swing pattern failure pattern, on the intra-day chart, warned of the reversal and signaled an exit of the long position.… read more
Futures Commentary
Opening Grain Calls : Futures Trading News, Futures Trading Broker
Soybeans 1 to 2 cents lower Corn 4 to 6 cents lower Wheat 1 to 3 cents lower Weather concerns and higher dollar… read more
Market News – Grains, opening calls
Soybeans – Called to open 6 to 8 cents higher after a decline in the weekly crop ratings and the forecast of more hot and dry weather . Wheat – Called to open 3 to 4 cents higher, supported by the weaker dollar and increased demand. Corn – Called to ope 3-4 cents higher on… read more
Reversal dates for the week of July 25 through July 29
Monday – July 25 – Gold Tuesday – July 26 – Wheat, Heating oil Wednesday – July 27 – Coffee Thursday – July 28 – Bean oil, Crude oil, S&P, Eurocurrency Friday – July 29… read more
Market update! – Euro rallies sharply of bailout news. – swing trading strategies, swing trade signals, price action, action reaction, median lines
TMV Swing Trade report – Long September Eurocurrency from 1.4175 – current price @ 1.4298 The euro currency is trading higher after the two biggest economy in eurozone, Germany and France reached a common position on how to handle the second Greek bailout plan during a 7-hour talk between French President Nicolas Sarkozy and German… read more
Market update – Euro price action remains bullish. Swing trading strategies, swing trade signals, price action, action reaction, median lines
The euro is trading higher as investors gain confidence that EU leaders are getting closer to reaching an agreement on settling Europe’s debt crisis. German Chancellor Angela Merkel changed her tone as she said Thursday’s special summit of EU leaders will agree on a new Greek bailout package, Merkel will meet with French President Nicolas Sarkozy later… read more
Market News – EIA weekly Petroleum report – trading news, futures trading, swing trading strategies, swing trading signals
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
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