CTT impedidos de aumentar preços do serviço postal mais do que 12% ao ano

[Dwer]

No Headline Call today due to Holiday low volume.
Trade Setup Summary for Tuesday, November 25, 2003:
Sell 1053.00/ Cover at 1054.00 for -1.00 loss

*Sell the Sell Pivot target/ cover later into the final hour after no decent pullback. Trade may have been cut earlier for a small profit.

Recap of Tuesday's Action:
Good Morning and welcome to our abbreviated Morning Call for Wednesday.

A reminder that today is a low volume Holiday trading day and we will not be offering a Headline Call today. There are also no recommended TCF Trade Setups for today.

Our Headline Call for Tuesday pretty much followed the script except we did not get the stronger drop we expected in the early session off the Sell Pivot Target. After hitting the Sell Pivot Target early the most we got was about a 4 point drop off that 1053.00 area to the 1049.25 low of that period.

After holding all day the markets just slowly moved up as we had suggested they would with the Holiday bullish feeling.

We cut the trade in the last hour with a small loss and depending how you managed this trade after the early drop failed to manifest you may have showed a slight profit on it.

We are getting ready to roll into a "Sell Mode" on our underlying short term Market Force indicators and will be on the lookout for a large down day to Open Up that direction.

Today's Call & Briefing:
No Headline Call or TCF Trade suggestions for today but we are now on HIGH ALERT for a large down day which will open up the new Sell Mode. Our expectation is that the low Holiday volume and the tendency for the market to rise into holidays will continue today.

Let's just take today off and if any big moves come it really won't matter as we have almost 4000 days left of trading if you are in a 20 year career position like I am with the S&P500. So that's not a bad deal...4000 days of "Floating down a river without a care in the world". By the way, did you know that when you perfect your S&P500 trading skills that this is what it feels like most of the time?

Value Area: 1,050.40 - 1,054.70
Watch for support and resistance.

Buy Pivot Target: 1,048.25 - 1,049.25
No Trade today at this target.

Sell Pivot Target: 1,057.75 - 1,056.75
No Trade today at this target.

10 Day "Pit Bull" Moving Average: 1,045.20
Big support here and above this at 1051.00 to keep market bullish.

Pro Trader's Action
I wish you and your family a wonderful Thanksgiving Holiday and time off from the markets if you do not celebrate Thanksgiving.

My Global Thanksgiving wish is for the world to be relieved more and more of the turmoil, political bantering, and war mongering from all sides that pulls us away from fufilling peace and contentment for people of all nations.

This is a long cherished dream of all intelligent, moral and sane people from all walks of life throughout history and I always hope that my work here at the Morning Call in some way contributes to more "peace through trading profits" in all of our subscribers lives and families.

There will be a brief update for Friday's action and then we will be back on regular schedule up to the Christmas Holidays.

All the best of luck and success, Mohan