Monday – Lean Hogs, Treasury Bonds, Japanese yen Tuesday – S&P Wednesday – Soybeans, Soy meal, Bean oil Thursday – Live Cattle, Copper Friday – Wheat For more information about swing trading with reversal dates go to www.tradersnetwork.com.… read more
Tag Archives: traders market views
TMV Swing Trading Report – Wheat plunges after sell signal triggered. [chart]
TMV Swing Trading Report – Short May Wheat @ $7.84 – May Wheat traded up to the downward sloping parallel line and tested the 20-day EMA. The market reversed at the parallel line plunged to a new low, breaking below the February 23rd pivot low. I will have updated stops and target objectives in the… read more
TMV Swing Trading Report update – Cocoa breaks hard after triggering sell pattern. [chart]
TMV Swing Trade Report – Short May Cocoa @ 3623 – Cocoa completed the bullish reaction cycle when the market posted two consecutive reversal dates in a span of five days. Further more, the market formed a bearish peg-leg formation between the two downward sloping reaction lines. Based off the reversal dates and price action… read more
Reversal dates for the week of February 28 – March 4.
Monday – Cattle, Wheat, Cocoa Tuesday – Heating oil, Silver Wednesday – Sugar Thursday – Hogs, Bean oil, Treasury bonds, Japanese yen Friday – S&P For more information about “action-reaction” reversal dates go to www.tradersnetwork.com and sign up for a free 30-day trial subscription to the Traders Market Views Swing Trading Report.… read more
Market News – Fourth Quarter GDP 3.2%
GDP for the fourth quarter GDP accelerated to a moderately healthy 3.2 percent annualized gain, following a 2.6 percent increase the prior quarter. But the detail was stronger than the headline number. The last quarter of 2010 was led by sharp improvement in net exports to a gap of $392.2 billion from $505.0 billion in… read more
Swing Trading Strategies – Short Soybean oil hits target objective! [chart]
TMV Swing Trade report – Short March Soybean oil @ 56.35 – Hit the target! Bean oil traded to a low of 53.31, to close the short position at the 53.35 target objective. From this juncture, I look for Bean oil to bounce off the lower parallel support line and begin to form a new… read more
Swing Trading Strategy – Peg-leg pattern triggers both sell signal and then buy signal is Silver. [chart]
In the last issue of the TMV Swing Trading Report I said, “The market has traded higher over the past 10 days. However, looking inside of today’s price bar I see a potential peg-leg failure that should trigger a two or three-day decline. This could prove to be a nice swing trade opportunity. Sell Silver… read more
Swing Trading Strategies – Dow Jones hits new high on projected reversal date. [chart]
The Dow Jones futures traded to a new high (12218) before failing and dropping below the low of the prior pivot low. This price action has formed a possible peg-leg topping pattern. It is also important to not that the new high and possible failure, occurred on a projected reversal date I will have more… read more
Swing Trading Strategies – British pound could have one more push higher to end the cycle. [chart]
March British Pound – The two reversal dates—January 25 and January 31—provided support for the quick rally into the ascending median line target objective. The pound tested the median line, as well as the prior swing high at 1.6229, posted on November 4, 2010) before turning lower and trading lower into the minor reversal date… read more
Swing Trading Strategies – Natural gas drops through trigger price to confirm sell signal, what’s next? [chart]
TMV Swing Trading Report – Short March Natural gas – The bearish reaction was confirmed early in today’s session when N-gas traded thorough the 4.250 trigger price. The market quickly traded through the downward sloping median line and is currently trading below the line. For updated information on this trade, or to see new swing… read more