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

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 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

Market Alert! Long Silver reaches target objective! – swing trade opportunities, swing trade signal, market timing, price action, action reaction, median lines

TMV Swing Trade report – Long September Silver @ 36.97 – Last price @ 38.20  – Silver traded sharply higher after re-testing the upward sloping median line. The market quickly advanced to the upper parallel line resistance. I expect the market to stall and pull back from this line…it is time exit the long position… read more

Using Median lines to identify high probability target objectives and reversal points.

The daily chart of the September S&P offers great example of median lines in action and the benefits of understand price action. Dr. Alan Andrews stated that the market will move towards the latest median line. The median line acts as a target objective where the market should stall or reverse directions. Median line can… read more

Reversal Dates for the week of July 11 through July 15.

Monday – July 11 – Corn, British pound, Cotton Tuesday – July 12 – Copper, Eurocurrency, Japanese yen Wednesday – July 13 – Dollar index Thursday – July 14 – Heating oil, Canadian dollar Friday – July 15 – RBOB gas, Natural gas, Silver, Copper… read more

Market Alert! – Wheat surges and approaches 1st target objective! swing trading strategies, swing trade signals, price action, median line, market timing,reversal dates

TMV Swing Trade report – Long September Wheat @ $6.41 3/4 – Wheat surged out of the gap-n-go pattern, following the spike low on the projected July 1st reversal date, and triggered the buy signal. I look for a quick price move into the 20-day SMA before finding any resistance. I recommend exiting the long… read more

Market Alert! Reversal date swing trading opportunity in the Sept S&P. swing trade strategies, swing trade signals, price action, action reaction, market timing, median line

The September S&P futures contract has advanced into the July 6, 2011 projected reversal date. The market began the price advance from a bullish TR pattern that formed between the June 17th and June 23rd reversal dates. The TR pattern has also formed on the downward sloping median line, adding to the pattern confirmation. The… read more