As I listened to the talking heads, on the business news channel, talk about the unexpected collapse in the Gold and Silver, I was thinking, “Was this really a surprise?” I look back to the August 19, 2011 issue of the TMV Swing Trade report where I talked about the price action in the Silver and Gold… read more
Reversal dates
Market alert! Price correction for October Cattle swing trade signal.
TMV Swing trade report -Price correction for the recommendation to sell October Cattle. – The correct sell price is 114.80 stop. The price was incorrectly published as 117.42.… read more
Market update – Entry price correction for for long December Wheat. – TMV, swing trade signals,
TMV Swing trade report – In the last issue I made a recommendation to buy the December Wheat at $7.29 1/2 0r lower. The correct price is $7.69 1/2. December Wheat – We closed a very good long position in the December Wheat last week, when the market pulled back to test 20-day SMA support.… read more
Update on S&P signal – Sell signal triggered by reversal date pattern. Swing trade signals, action reaction, market timing, price action
TMV Swing Trade report – short September E-mini S&P from 1176.75 – current price @ 1142.00 – On August 15, 2011, I posted a blog that included a daily chart of the September S&P 500, with the August 16th reversal date marked as a possible pivot high and reversal point. I said the reversal date… read more
Market Alert – Will today’s reversal date end the rally in Silver?
September Silver traded into the 60% sell window–beginning at 40.43–and reached a high of 40.61, before the projected reversal date kicked in, turning the market lower. Along with reaching the 60% sell window, Silver was also testing the descending parallel line resistance while forming a possible bearish TR (Trend Reversal) pattern. The A confirmation of… read more
Market Alert! – Are Lean Hogs setting up for a swing trading opportunity? – price action, median line, market timing.
October Lean Hogs have traded higher over the past three sessions and reached the downward sloping parallel line, on the fourth day. The corrective rally occurred after a confirmed TR pattern and sets up a potential swing trading opportunity. The market has trade above Monday’s sessions high and stalled at the parallel line. A trade… read more
Market Alert – What does the projected Reversal date mean for the S&P 500? – swing trade strategies, swing trade signals, market timing, action reaction, median lines
The four day rebound, off the September 9th low, has pushed the September S&P higher into the August 15th reversal date. This price action is setting up for a possible down side reversal, on the projected reversal date or the “trail” day. I will have updated information in the TMV Swing Trade report.… read more
Reversal dates for the week of August 15 – August 19
Monday – August 15 – Cron, RBOB gas, Natural gas, S&P, Dow Jones, Canadian dollar Tuesday – August 16 – Wednesday – August 17 – Cattle, Wheat, Soybeans, Silver, Eurocurrency Thursday – August 18 – Gold Friday – August 19 – Dollar index, British pound, Cotton… 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
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