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
Tag Archives: Action/Reaction
Market Alert! – Swing Trade opportunity in November Soybeans. – swing trade signals, action reaction, market timing, price action, median lines
Reversal dates in both Gold and Silver triggered a sharp rally in both metals. The price action in gold suggests a possible swing pattern failure that could portend a new run at the old high, after a corrective pullback. Silver traded over $1.80 higher Tuesday’s session and bounced off the lower support level of the… read more
Reversal dates for the week of July 4 through July 8.
Monday – July 4 – Tuesday – July 5 – Gold, Cotton, Cocoa Wednesday – July 6 – Lean Hogs, Heating oil, S&P, Eurocurrency Thursday – July 7 – Crude oil Friday -July 8 – Sugar … read more
Market Alert! – Bullish swing trading opportunity setting up in the September Eurocurrency. – swing trade strategies, swing trade signals, action reaction, price action, median line, market timing.
September Eurocurrency is forming a bullish peg-leg pattern on the ascending median line. A confirmation of this pattern portends a price advance to the upper parallel (green) line. For more information about entry prices, stop loss placement and target objectives, contact Traders Network at 1-800-521-0705.… read more
Market Update! Long S&P hits Target objective! – swing trade strategies, swing trade signals, price action, action reaction, market timing, median lines.
TMV Swing Trading Report – Long September E-Mini S&P @ 1278.00 – Hit the Target! – The long position was closed at the 1294.50 target objective. The long position was initiated after a bullish swing TR pattern ad formed after the market had tested the longer-term downward sloping median line on a projected reversal date. The… read more
Market Alert – Long Sugar hits target objective! – swing trading strategies, swing trading signals, price action, action reaction, median line, futures trading.
TMV Swing Trading report – Long from 26.33 – Hit the Target! – The long sugar contract was closed at the target price of 27.15 for an 82 point gain. The swing trade signal was triggered after the market had made a three-wave corrective pullback to form a continuation pattern. The price action formed a… read more
Market Alert! – Swing Trading opportunity in S&P! – swing trade signals, price action, action reaction, market timing, median lines
September S&P tested support at the intersection of the the downward sloping median line and the reaction line. The market responded with a strong rebound, while forming the (D) pivot of the TR pattern sequence. This price action is bullish and offers a swing trading opportunity with the potential to test the recent swing high of 1293,75.… read more
Market Alert! Short British pound hit target objective! – swing trading strategies, swing trade signal, market timing, price action, action reaction, median lines,
TMV Swing Trade report – Short September British pound @ 1.6070 – Hit the Target! The British pound traded through the downward sloping median line (daily chart) and plunged to its lowest level since late March. Because of the high volatility price action, I dropped to the sixty minute chart to look “inside” the bar… read more
Market Alert! What does swing pattern failure means for the Treasury bonds? swing trading strategies, swing trade signals, price action,action reaction, market timing, trading futures
September 30-year T-Bonds traded to a new high of 126-21, taking out the prior reaction swing high of 126-18, early in Monday’s session. The market was unable to hold the new high and quickly reversed lower. This price action could be a failed swing pattern that signals a major high may be forming in the… read more
Market Alert! – Is the Sept. E-mini S&P forming a bullish TR pattern? What does that mean? swing trading strategies, swing trade signals, price action, action reaction, market timing, swing trading futures
The September E-mini S&P has bounced off the descending median line several times in the past two weeks, as it approached the projected reversal date. The two lower lows (marked at A and B) could be the beginning of a bullish TR pattern that could trigger a rally into the June 23rd reversal date. I… read more