Tag Archives: Action/Reaction

Swing Trading Strategy – Bullish Reaction Swing Portends New Advance in Crude oil. [chart].

January Crude oil has formed a bullish reaction swing over the ascending median line. The market dipped down to the 20-day EMA just minutes before a 9.85 million barrel drawdown was reported in the  EIA weekly petroleum supply and demand report. This caused Crude oil to rally off the 20-day EMA  and trade above the… read more

Swing Trading Strategies – Are Treasury Bonds ready for a rally? [chart]

March Treasury Bonds have reached the December 13th reversal date after undergoing a substantial price decline after breaking out of  November 15 through November 30 zigzag continuation pattern. The T-bonds tested the reaction line target objective early in the trading session before turning higher and traded back to the high of the daily trading range. This… read more

Swing Trading Strategy – Swing pattern failure setting up strong buy signal for Japanese yen! [chart]

A double bottom formation appears to be setting up a buying opportunity for the March Japanese yen. The market traded below the prior swing low and dipped to 1.1186 before reversing and trading higher. The market was not able to find new sellers below the previous swing pattern and traded back into the  consolidation. This… read more

Reversal dates for the week of 12/13 through 12/17

Monday – Hogs, Natural gas, Silver, Treasury bonds, Japanese yen Tuesday – RBOB gas, Gold, S&P, Eurocurrency, Cotton Wednesday – Cattle, Dow Jones Thursday – Soymeal, Canadian dollar Friday – Corn Learn how reversal dates can help you trading. www.tradersnetwork.com… read more

Swing Trading Strategy – Energy building for a significant move in Coffee. [chart]

Coffee has been forming a consolidation pattern over the past few weeks. I look at this sideways consolidation pattern and see two smaller reaction swings inside the larger reaction swing (identified by the high pivot on November 9 the low pivot on November 16th. The three reaction swings have formed a bullish pennant formation and that gives… read more

Swing Trading Strategies – How is the December 6th reversal date affecting Wheat? [chart]

In the December issue of the TMV Swing Trading Report I wrote this about how the December 6th reversal date could affect Wheat over the short-term. March Wheat – Wheat is due for a corrective pullback after closing higher for eight days in a row. Today’s higher close pushed into a minor reversal Castle With… read more

Swing Trading Strategies – Will the December 6th reversal date signal a new direction for Crude oil? [chart]

The previous two reversal dates (November 11 and November 23)  have triggered major turns in the January Crude oil. After posting a low on the November 23rd reversal date, Crude rallied over $10.00 and traded beyond the prior swing high of $89.10 posted on the November 11th reversal date. It just so happens that the… read more

Swing Trading Strategy – Will the Euro reach the target objective before the December 2nd reversal date? [chart]

TMV Swing Trade report – Short December Eurocurrency from 1.3441 – The euro is trading sharply lower for the sixth day in a row, after breaking out of the bearish reaction swing of November 16 to November 19. The euro continues to be pressured by Eurozone debt woes as CDS on Spain, Portugal and Italy… read more