As I listened to the talking heads, on the business news channel, talk about the unexpected collapse in the Gold and Silver, I was thinking, “Was this really a surprise?” I look back to the August 19, 2011 issue of the TMV Swing Trade report where I talked about the price action in the Silver and Gold… read more
Tag Archives: tmv
Market update – Entry price correction for for long December Wheat. – TMV, swing trade signals,
TMV Swing trade report – In the last issue I made a recommendation to buy the December Wheat at $7.29 1/2 0r lower. The correct price is $7.69 1/2. December Wheat – We closed a very good long position in the December Wheat last week, when the market pulled back to test 20-day SMA support.… read more
Update on S&P signal – Sell signal triggered by reversal date pattern. Swing trade signals, action reaction, market timing, price action
TMV Swing Trade report – short September E-mini S&P from 1176.75 – current price @ 1142.00 – On August 15, 2011, I posted a blog that included a daily chart of the September S&P 500, with the August 16th reversal date marked as a possible pivot high and reversal point. I said the reversal date… read more
Market Alert – Will today’s reversal date end the rally in Silver?
September Silver traded into the 60% sell window–beginning at 40.43–and reached a high of 40.61, before the projected reversal date kicked in, turning the market lower. Along with reaching the 60% sell window, Silver was also testing the descending parallel line resistance while forming a possible bearish TR (Trend Reversal) pattern. The A confirmation of… read more
Market Alert! – Are Lean Hogs setting up for a swing trading opportunity? – price action, median line, market timing.
October Lean Hogs have traded higher over the past three sessions and reached the downward sloping parallel line, on the fourth day. The corrective rally occurred after a confirmed TR pattern and sets up a potential swing trading opportunity. The market has trade above Monday’s sessions high and stalled at the parallel line. A trade… read more
Market Alert – What does the projected Reversal date mean for the S&P 500? – swing trade strategies, swing trade signals, market timing, action reaction, median lines
The four day rebound, off the September 9th low, has pushed the September S&P higher into the August 15th reversal date. This price action is setting up for a possible down side reversal, on the projected reversal date or the “trail” day. I will have updated information in the TMV Swing Trade report.… read more
Market Alert – Short S&P approaching target objective, is it time to exit? – swing trading strategies, swing trading signals, action reaction, price action
TMV Swing Trading Report – Short September S&P @ 1321.50 – current price @ 1300.50 – S&P posted a low of 1295.75–just missing the target objective of 1295.50–before turning higher. The market posted this new low near the upward sloping median line and on today’s projected reversal date. I look for the corrective rebound to… read more
Reversal dates for the week of July 25 through July 29
Monday – July 25 – Gold Tuesday – July 26 – Wheat, Heating oil Wednesday – July 27 – Coffee Thursday – July 28 – Bean oil, Crude oil, S&P, Eurocurrency Friday – July 29… read more
Market update! – Euro rallies sharply of bailout news. – swing trading strategies, swing trade signals, price action, action reaction, median lines
TMV Swing Trade report – Long September Eurocurrency from 1.4175 – current price @ 1.4298 The euro currency is trading higher after the two biggest economy in eurozone, Germany and France reached a common position on how to handle the second Greek bailout plan during a 7-hour talk between French President Nicolas Sarkozy and German… read more
Market update – Euro price action remains bullish. Swing trading strategies, swing trade signals, price action, action reaction, median lines
The euro is trading higher as investors gain confidence that EU leaders are getting closer to reaching an agreement on settling Europe’s debt crisis. German Chancellor Angela Merkel changed her tone as she said Thursday’s special summit of EU leaders will agree on a new Greek bailout package, Merkel will meet with French President Nicolas Sarkozy later… read more