Tag Archives: traders market views

May Sugar reaches target objective! [chart]

Sugar completed a bearish TR pattern after the (D) pivot high was confirmed inside the 60% sell window on February 16. (See February 17th issue of TMV Swing Trading Report)  The sell signal at 26.05 was triggered the following day. The reverse/forward count projected the future reversal date for February 24 (marked on chart) with a target… read more

Is this the high for the Dollar index? [chart]

In the last issue of the Traders Market Views  (February 19, 2010) I talked about the triple top formation that had formed in the dollar indiex over the past several days. The pattern formed at the end of the cycle, but  just below the reaction line target objective. I said the market should tade above the triple… read more

Corrective bounce over in T-Bonds, major selling opportunity. [chart]

Foreign holdings of U.S. treasuries fell by a whopping $53 billion in December, the largest amount ever. the rconrd drop should be considered a leading indicator that the government might have to pay higher interest rates on its debt to continue to attract investors. This was weighing on the market today, as it traded below the prior pivot… read more

Is N-gas setting up for a major price move? [chart]

N-gas has completed a 5-wave contiuuation pattern. This pattern typically forms in the center of a longer-term trend. (I describe this pattern on page 158 in “Unlocking Wealth, Secret to Market Timing). This would suggest N-gas is at the beginning of a new upward swing that could equal or surpass the price swing from December… read more