August 20, 8:19 am MST – October Crude oil – Oil traders were caught by surprise after EIA government report showed that U.S. inventories declined the most in more than a year. The decline in stocks was caused...
Read MoreSeptember Corn 8/19/09 – 10:27 am MST – September Corn tested the lower action line on 8/18 with a low of $3.04 1/4 before closing at $314 1/2, followed by and “inside day”. Wednesday’s...
Read More8:23 am – 8/17/09 – A classic swing trade pattern gave plenty of forwarning for the current drop in the Sept Eurocurrency. Over the past two weeks, Sept Eurocurrency has formed a bearish trend reversal (TR pattern)...
Read MoreSeptember Eurocurrency – The euro reached a one-week high against the dollar on Thursday, after the euro zone’s two biggest economies posted surprise returns to growth in the second quarter. The three-day rebound has...
Read MoreSeptember Coffee – Long from 126.35 – Hit the Target! – Coffee traded to a high of 138.60 overnight. That was enough to close the recommended long position at the target objective of 138.25 before dropping back...
Read MoreSeptember Dow Jones – Long from 8620 – Last price @ 9238 – Stocks continued higher after posting the strongest July since 1939. The market was supported by a report in USA Today that two-thirds of the S&P...
Read More7:35 am MST – Long from 17.97 – October reached the projected target z
Read More1:12 pm MST – Sept. RBOB gas closed above the (C) pivot high for the second day on a row, suggesting a continuation of the upward trend and a test of the previous high (2.0585). The market may have a short-term pause at...
Read More10:09 am MST – December Gold surged over $20.00 during Friday’s session as the bullish TR (Trend Reversal) kicked in. This is the swing trade strategy pattern I have talked about in the last two issues of the TMV...
Read MoreSeptember Dow Jones – Long from 8620 – Although new jobless claims rose by 25,000 to 584,000 last week, analysts are touting this as good news because they say the number remains below earlier levels seen during the...
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