Tag Archives: Futures Trading

Reversal dates for the week of June 6 through June 10. – swing trading strategies, swing trade signals, price action, action reaction, market timing

Monday – June 6 – Soybeans, Natural gas, Japanese yen, Cotton Tuesday – June 7 – Lean Hogs Wednesday – June 8 – Bean oil, gold, S&P, Cocoa Thursday – June 9 – Crude oil, RBOB gas Friday – June 10 – Natural gas, Dow Jones, British pound… read more

Market Alert! – July Coffee surges higher after reversal date signal.

In yesterday’s free live trading webinar, I discussed July Coffee. I used the daily chart to show how the market had posted a new low close of 255.95. on the projected reversal date of June 1, 2011. The market reversed on the following day–the “trail” day”–and closed higher. This price action formed a peg-leg pattern… read more

Market news – Grain opening calls – futures news, futures trading, futures trading firm

U.S wheat futures are expected open 8 to 9- cents higher after trading sharply lower earlier this week. The higher trade comes on concerns that Russia’s grain sales could fall short of projections when the country resumes exports next month. Soybean futures are called to open 3 to 5 cents higher in line with the… read more

Chain Store Sales Soft in May – Futures Trading, Futures News, Futures Trading Brokers

May’s reading on chain store sales were soft and thought to be held down by higher gas prices and bad weather.  However, these chain stores are remaining resolute in their guidance with warmer weather ahead and they expect a boost in June.  High end chains stores consumers are less affected by high gas price; although… read more