Tag Archives: market timing

Futures news – U.S. Jobless claims rise in latest week.

Jan 27 (Reuters) – U.S. Labor Department report of initial state jobless benefit claims, seasonally adjusted. Insured Unemployment Week Ended   Initial Claims  4-Week Avg.  Continued Claims   rate (pct) 01/22/11       454,000          428,750              N/A           N/A 01/15/11      … read more

Swing Trading Strategies – March Wheat is approaching next reversal date and target objective. [chart]

TMV Swing Trade report – Long March Wheat @ $8.10. March Wheat continues to climb towards the projected target objective of $8.65. The long position was triggered after March Wheat traded lower and found support at the 20-day EMA of the January 2oth reversal date. Two days later, Wheat traded through the ascending median line… read more

Swing Trading Strategies – Reversal date triggered major sell in Crude oil! [chart]

In last night’s issue of the TMV Swing Trade report I said, ” Crude oil traded above the prior day’s high (93.02) before the reversal date kicked in and turned the market lower. Crude continued lower for the remainder of the day and closed near the low of the daily price range. The negative reversal date… read more

Swing Trading Strategies – Cattle post major reversal on projected reversal date. [chart]

February Cattle surged to a new  all-time high on the January 18th projected reversal date, but failed to hold the earlier gains and closed near the low of the daily session. The long tail, on the reversal dated price bar, warns of a swing pattern failure. A conformation on the swing pattern failure could signal a major top… read more

Swing Trading Strategies – New Low, On Projected Reversal Date, Sets Up Bullish Reversal. [chart]

March Dollar index traded to a new low of 78.97, on the January 14th reversal date. The new low was below the prior low of 79.02, posted on December 21, 2010. Soon after the market reached the new low, the market turned higher, rejecting the low, and began to climb. This is bullish price action… read more

Swing Trading Strategies – What did “action-reaction” tells us about today’s reversal in Lean Hogs? [chart]

In last night’s issue of the TMV Swing Trading Report I wrote about the confluence of resistance displayed on  the February Lean Hogs chart. Prices had advanced slightly through the short-term ascending median line and were poised to test the long-term median line, as well as testing the prior major swing high of 81.37, posted… read more

Swing Trading Strategies – Avoiding Disaster in Soybeans. [chart]

In the January 11th issue of the Traders Market Views Swing Trading report, I commented on a trade I had made earlier to sell March Soybeans, following a failed swing pattern on after Soybeans made a new high on January 3rd.  Typically, a failed swing pattern will trigger a significant price move in the opposite… read more

Swing Trading Strategy – March Eurocurrency approaches projected Reversal date. [chart]

The March Euro remains under pressure as markets are cautious ahead of peripheral government bond auctions this week. In particular, Portugal, which’s widely considered to be the most likely country to seek bailout after Greece and Ireland, will sell as much as EUR 1.25b debts this week. Spain and Italy will also have respective bond… read more