Tag Archives: tmv

Swing trade signals – Bullish patterns in Cattle and Sugar. [chart] John Crane

There are a couple of potential swing trade signals showing up on the charts. The first one to look at is  in the August Cattle. The market has formed a bullish TR swing pattern after completing  an A-B bottom formation on June 11th. The market rallied off this low and reached the 20-day EMA where it formed… read more

Swing Trading strategy – Gap-N-Go pattern triggers strong buy in Crude oil. [chart]

In the May 27th (Thursday) issue of the TMV Swing Trading report, I recommended buying the July Crude oil on a pullback to 70.80. The market had closed at 71.51 after confirming a bullish Gap-N-Go pattern. Crude dipped down to 70.67 early in the following session, where it triggered the buy signal before turning higher and staging a… read more

Swing Trading Strategies – Predicting the low in the Dow Jones by John Crane. [chart]

The Dow Jones futures continue to rally off the May 25th reversal swing date after closing lower on Wednesday. After making a corrective rebound into the 60% sell window on May 13th, the market turned lower and resumed the downward trend. The May 13th high was the final pivot of a bearish TC pattern (trend continuation)… read more

Coffee turned lower by the up-sloping median line. [chart]

This chart, of the May Coffee, is a good illustration of the significance of the median (center) line. The line acts as dynamic resistance as the market trends higher. Coffee tested the median line three times during the cycle and failed after the fourth test on April 5. The swing pattern failure signaled an end to the upward trend and triggered… read more

Crude oil breaks resistance and continues bullish cycle.

After testing resistance at the junction where the descending reaction line (red line) and the ascending median (center blue line) three times, Crude broke through on Friday.  A solid close above the median line should portend a rally to test the prior high at 84.95. The cycle remains bullish until the March 10 reversal swing… read more

British pound completes bearish cycle, due for rebound. [chart]

Based on the 12/29 – 1/19 A-B-C continuation pattern, the Brithis pound has completed the reaction cycle and is due for a corrective rebound or begin a consolidation period. The pound reached the lower reaction line target objective, one day before the final reversal date (projected for March 2, by the reverse/forward count). The lower parallel line… read more

Gold confirms bullish reaction swing, ready to run!

Gold traded above the pivot high, confirming the bullish action swing and a TC pattern.  Confirmation of the TC pattern portends a upward swing to the test the prior high of $1166.00 for the short-term, with a longer-term target objective at $1220.00 or higher. I will keep you updated with stop movements in the TMV Swing trading… read more

Dollar turns lower after hitting reaction line on reversal date!

The Dollar index began to show weakness when it moved away from the ascending median line. However, it was not until the Dollar reached the sloping reaction line target objective on the February 23rd reversal date that the bullish cycle was complete. A retest of the reaction line on Wednesday failed and the market turned lower.… 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