Swing Trade signals – Dow Jones – failed swing pattern portends trend change. [chart]

June Dow Jones futures traded below the prior swing low on June 8th. The market was trading out of a three -wave continuation pattern and the new low suggested a continuation of the downward trend. However, the market stalled and began to erase all the daily losses and finally closed above the previous low close and at the… read more

Swing Trading Strategies – Predicting the low in the Dow Jones by John Crane. [chart]

The Dow Jones futures continue to rally off the May 25th reversal swing date after closing lower on Wednesday. After making a corrective rebound into the 60% sell window on May 13th, the market turned lower and resumed the downward trend. The May 13th high was the final pivot of a bearish TC pattern (trend continuation)… read more

Swing trading strategies – Trading in volatile markets – Part two [video]

During the first week of May,2010, several markets experienced extreme volatility. During extreme volatility, many trading programs and strategies break down because of sudden reversals and lareg price moves. In the two videos titled, ” Trading in Volatile Markets” I walk through several markets using the “Action-Reaction” theory and the Reversal dates to show you how this… read more

Swing Trading Strategies – How the Reversal dates picked the high for the Dow Jones futures. [chart]

Last Thursday, the business channels were full of experts expressing shock as the market plunged. They acted surprised that the market could be trading lower in the midst of such a strong and prolonged upward trend. But, was it really a surprise and were there warning signs that preceded the unprecedented price collapse? I think… read more

Swing Trading Strategy for Dow Jones futures [chart]

June Dow Jones –The Dow futures plunged 994 points, to a low of 9840, before a short-covering rebound. The April 27th and May 3rd reversal dates identified the major highs that formed the bearish TR pattern in the Dow Jones futures that signaled the trend shift and triggered the sell.   However, today’s wide range day… read more

Swing Trading Strategies for the Dow Jones Futures. [chart]

The Dow Jones futures posted a major reversal on the April 27th reversal swing day , projected several days in advance. The reversal occurred one day after the Dow Jones futures traded to a new 18 month high of 11206.  After trading at the new high, the Dow Jones dropped to support before rebounding into the down-sloping reaction line… read more

March ES Sell reco. Update [3/10/2010]

For those of you that took the mini S&P trade recomendation that was posted yesterday 3/9/2010 the entry price at 1146.00 was triggered and the protective stop should be place at 1151.0  . However  Target objective of 1141.00 was misses by a 1/4 of a point. Therefore stops should be moved to break even or position… read more

Dow Jones breaks through resistance hurdle, bullish cycle remains intact.

After confriming the bullish TC (trend continuation) pattern on March 2nd, the Dow Jones futures stalled at the prior pivot level and even backed up to test support at the lower parallel line. However, the bullish cycle held and propelled the Dow Jones futures past the previous high with good seperation. This keeps the bullish… read more