Wednesday, February 24, 2010

Very Important Market Update!


2/24/2010

Traders,

In the last post we were noting the 1106 level as a decsion point. The levels we actually 1106-1118 noted to our premium members. From that level the market fell for 22.00 points.

We broke through the monthly high trend line and came back to re test it (this is bullish) but what i am looking at is the 1112.75 level. This is not a minor high there are 4 overlapping fib numbers at that level. So play close attention to the next couple of days and if we take out the 1112.75 then the 1147 we could push to the 1233 level.

Rigth now could tell us where the market is going for the next month so play close attention tomorrow and the next day to what the market does.

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Happy Trading,


Thursday, February 18, 2010

HUGE PATTERN 1106 target hit!


2/18/2010

Traders BE AWARE of what happend today. We are at a very crucial level with the markets here. Todays top potentially could be the top for the next few months so we would be placing stops on longs very tight or selling covered calls on long term positions in your retirement accounts.

From the last few updates we had 1145 as the projected high then 1041.50 as the low then 1073 as a minor top and now 1106 as our major top.

Play close attention tomorrow and if we take out todays low watch out below!

Happy Trading,


P.S the chart above is the 10 min ES notice how the blue bars caught the start and the end of that move today. Blue bars when the indicator is low means a big move is coming and when the indicator line gets high with blue bars that means get out of your longs...

Friday, February 12, 2010

Another Great Week!


2/12/2010

We had another great week with our outlook and members only emails Plus our real-time Instant messenger service we just added for free for all of our members. From the last post we noted that within the IM service we were watching the 1041.50 level as the low and that was confirmed with the open of the next day. All week we have had the 1055 level as our "make or break" level meaning; we were taking all the long signals all week as long as the ES stayed above the 1055 level and that worked out great this week. Here is a snapshot of todays (fridays) IM alert.


Sean Mckissen(2/12/2010 11:17:02 AM): We are looking for the 1079.00 then the 1084.25 upper levels for today of 1075 is cleared again.


Then today after hours we hit the 1079 level to the tick (chart is above).


Going into next week the markets could get crazy so right now is the time to have a clear trading plan.

Call us our email us today to learn more about what we do!

209.682.5653


Friday, February 5, 2010

What a day!


2/5/2010

What a day! We have added in a new feature for our members which is real-time IM alerts. This was the first week we did it with great success. Calling the highs and lows and the direction almost the the point on the ES and TF all week long. Here is a snapshot from todays IM. Look at the time we posted that 1041.50 was our low target of the day. It was 9:16 west coast time. This is a free service for all members.

Sean mckissen (2/5/2020 9:16:33 AM) 1147.50 then 1145.00 then our lower target on the day is 1041.50. Everyone have a great weekend!

From that low we rallied back up to the 1062.50 level thats over 20 points or $1,000 trading a 1 lot!

This new IM feature is great for real-time mentoring and we are doing it FREE of charge for all members.

Also look at the 7 min chart above. The blue bars also confimed that level as the low. The blue bars caught the exact low bar on the day!

Happy Trading,