Gold reaches reaction line target objective on projected reversal date./swing trading strategies/swing trading signals/futures trading

June Gold traded to a new contract high of $1542.70, on Friday, April 29, 2011, the projected reversal date. Gold also reached target objective at the intersection of the ascending median line and downward sloping reaction line. This price action completes the longer-term bullish cycle that began with a pivot low on January 27, 2011.… read more

Market Wrap Up for April 26, 2011 – Futures Trading, Futures Markets,

Time stamp: 2:45pm Stock Indices showed some strength June Mini Dow last @ 12529 June ES last @ 1341.75 June Mini NASDAQ last @ 239200   Gold Steady, Silver has an astounding day/volatile day, Copper weak June Gold  @1504.4 May Silver @ 4524.5 May copper @ 43210   Inside Day in the Dollar Index however slightly higher June Dollar Index @… read more

Swing Trading Strategies – Silver has reached project Time and Price Target objectives! [chart]

From the April 26, 2011 issue of the  TMV Swing Trading Report. May Silver – During Monday’s session (April 25, 2011) Silver surged $3.76 to reach a new contract high at $49.82. The huge price spike was spurred by speculation that China will buy precious metals to diversify its foreign-exchange reserves. The market quickly gave… read more

Market Wrap up for April 25, 2011 – Commodity Futures Trading

Stock Indices showed some strength June Mini Dow closed @ 12436 (+9) June ES closed @ 1332.00 (+1.00) June Mini NASDAQ close @ 23785 (+1.00)   Gold Steady, Silver has an astounding day/volatile day, Copper weak June Gold  @1507. (+$3.60) (2:58 pm MST) May Silver @ 4688.5 (+83.1 cents) (2:58 pm MST) May copper @ 42990 (- 10.01 cents)… read more

Silver Gaps Higher Making New Highs Over night – Trading Commodity Futures Markets

After the long holiday weekend, Sunday nights market opening gapped high and set off an a robust surge in the Silver market: May silver posted a high of 4982.0 July Silver posted a high of 4984.5 Sept. Silver posted a high of 4951.0 Dec. Silver posted a high of  4981.0 This morning we have watched… read more

Trading in Futures -Market Wrap up for April 20, 2011

Stock Indices were on the rise June Mini Dow closed @ 12455 June ES closed @ 133425 June Mini NASDAQ close @ 237600   Metals are once again on the Rise, making new highs fanning the inflation Flames aided by a continued decline in the Dollar June Gold  @1489.9 (close) May Silver @ 4446.1 (close)   The… read more

Swing Trading Strategies – Silver has fulfilled Time and Price target objectives. What is the next move? [chart]

Silver has completed the longer-term bullish reaction cycle and reached the upside target objective, inside a cluster of projected reversal dates. This price action has fulfilled both time and price projections. The market is beginning to show signs of rolling over, which could result in a trend shift or, at the very least, a sharp… read more

Swing Trading Strategies – Buying opportunity in Gold? [chart]

Gold has been trading on both sides of the ascending median line. The market crossed above the median line during today’s session and is once again trading on the strong side of this momentum line. The price action is suggesting the market has built up enough energy to continue the upward trend and move toward… read more

Swing Trading Strategies – Silver pulls back after reaching upper parallel line resistance. [chart]

March Silver surged to a high of $34.33 overnight and reached the upper parallel line. The market also pasted through the descending reaction line  during the advance. These two lines represent target objectives as well as a confluence of resistance. As I write this, Silver is trading at $32.90–$1.43 cents off the high.… read more