9/17/09 – 8:48 am – MST – Silver has reached major confluence area where the reaction line crosses the longer-term ascending center line. Even though Silver has reached this significant area of resistance early...
Read MoreDecember Gold – Despite signs that the economy may be making a slight recovery, the dollar remains weak and inflation fears are in the air, so investors are still looking for a reliable place to put their money. As long as...
Read More9/9/09 – 10:10 am MST – The short November Soybeans ( short from $9.79) traded lower into the projected reversal swing trade date, but failed to reach the target objective. Price action suggests the market is due for...
Read More9/2/09 -7:15 am MST -In Monday the afternoon issue of the Traders Market Views Swing Trade report I said there was an opportunity for a short-term swing trade in the October Crude oil. I recommended selling a retest of the...
Read More9/31/09 – 9:45 am MST – November Soybeans are trading shrply lower after reversing at the upper downward sloping reaction line on Monday’s reveral date. Soybeans traded above Friday’s high 0f $10.17 1/2...
Read More8/31/09 – 3:30 pm MST – September Japanese yen –Long from 1.0710 – Last price @ 1.0758 – The sharp decline in global stocks from China to the U.S. supported the Yen, as investors exited...
Read More8-26-09 9:35 am MST – The bearish TR pattern triggered the sell at 9198 early in the trading session. The market is rapidly approaching the 1st target objective at the downward sloping centerline. Shown on the...
Read More8/26/09 – 6:50 am MST – A bear TR pattern (trend reversal) has been confirmed and triggered a sell signal in the September Canadian dollar. The TR pattern is typically a hgh probability pattern. The reverse/forward...
Read More8/25/09 – 9:55 am MST -Several markets are trading in choppy sideways patterns right now and it is hard to find anything to get excited abou, especially in the currencies. However, as I was scanning the markets today I did...
Read MoreSeptember Dow Jones – The Dow Jones futures swung from up to down on the day over concerns of more credit losses and that commercial real estate may falter through 2010. However, I look at the Dow Jones chart and see...
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