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.
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