CIP quer preço definido na “compra de férias”

[Dwer]

Market Force today favors buying Drops and the long side. Market stalling or holding above 1143.00 is bullish.

Trade Setup Summary for Friday, February 20, 2004:
No TCF Trade setups on Friday due to option expiration.

Recap of Friday's Action:
Good Morning and I hope you're ready for an exciting week.

I'm quite excited because we are seeing the market ranges open up somewhat with 2, count em', two 12 point ranges in a row. Now that is not any reason to break out the champagne just yet but definitely ANOTHER GOOD SIGN of more volatility to come. We need it for our S&P500 business...the more the merrier.

As you know, no TCF Setups Friday due to the option expiration day. The last few they have waited for the volatility on these days. Don't worry, it's just a recent phenomena. Usually it is a lot better to just stand aside on these days. There were excellent Trailblazer TCF setups on Friday but of course, there will always be excellent setups to trade FOR THOSE WHO KNOW HOW TO TRADE.

Speaking of which...I am also very excited because I am flying to Florida this week for my extremely rare private seminar where I show traders exactly how I trade all of the TCF setups LIVE.

If you have not signed up...get aboard now as we only have a few seats left. This is a very private, live training seminar and Addrienne Tograighe is also going to be doing her training. She has trained some of the worlds top traders in the Psychological aspect of trading and organizing your business to make it the most productive. She normally charges more than the entire cost of our special 4 day session so this is truly one of the best seminars to attend this year on S&P500 trading.

Sign up today and let me show you how to rack up S&P500 points everyday...what I call, "Picking off 100$ bills (or 500$ or 1000$ bills depending on your size)". Call (800)806-4801 and let's get rockin.

Today's Call & Briefing:
Look to stay on the long side today (the buy side) with all of the TCF setups. We will overall be looking for a larger move to the upside unless the High Five starts getting all weak and bearish again. NOT EXPECTED.

We will be looking to buy the BreakDown if that is the first Hour One pivot we get PLUS we will also be looking to Buy the Buy Pivot target area. Check that section for more details.

We were in an aberration on the Sell Mode on our 18 Proprietary indicators. What this means is that we have been in a Sell Mode but with the aberation that occured 9 sessions ago on Tuesday Feburary 10th (which I clearly identified its beginning) we saw the market rally from the 1143.00 area.

Since then I stated a few days ago that the aberration was WEAK and that it was wearing thin. Since then we have sold off about 20 handles from the 1157-58 area highs over the last few sessions.

NOW we are seeing the possiblility of SUPPORT coming back in at the 1142-43 area since this selloff hit hard Friday and then came swooping back up. That is a bullish sign so far. Today's action will give us some strong clues as to the continuation direction.

If they rally em up EARLY today to the top of the VA around 1148.00 area then we are going to pullback and play around with this 1140-43 zone again.

If they crank em down early to test those lows on Friday in the Buy Pivot Target area zone then we want to be buyers today and look for a run up.

That run up IDEALLY would be gradual and keep all the bears bearish as stops are run on the way up.

Let's go get em today. Have some fun while your doing it. Learn to trade using our methods then all this S&P500 Trading stuff can be more fun for you.

Value Area: 1,142.00 - 1,148.00
Now this bottom of the VA becomes crucial as overall support for higher prices. We crunched through this 1142.43 area on Friday only to come springing back strongly. That is a bullish sign overall be we have to see how things get tested out with the Pit Bull number at 1147-48.

A quick trip up there will most likely sell off and do some more testing on the 1142.00 area.

Buy Pivot Target: 1,137.50 - 1,138.50
Let's Buy the market in this zone or slightly lower if we get an early run lower off the open (ideally with a lower opening) and the appearance of a "panic" early drop.

Don't worry, it's just an opportunity for us to get long. Buy em in here and watch for the -4.25 stop/pivot for support at 1133.25.

Sell Pivot Target: 1,149.75 - 1,148.75
An early run up here on a HIGHER OPENING is going to suggest that the downside trend is still in motion. An early run up here is NOT a sell signal just off the opening area.

Watch for the Hour One Pivot BreakOut to come into play, see how that correlates with this price area, and then look to sell em after the first hour if the High Five are giving us the right clues.

You should know what those clues are by now if you have been a subscriber for a while. If you are on a Free Trial then kindly join us today.

Get a copy of my trading manual on line now by becoming a subscriber today.

Be sure to read up on my recent posts on TRAILBLAZER...our newest TCF setup which I have been developing for years. We have more information on the site under TRADING MANUAL...UPDATES and on the Ask Mohan section.

10 Day "Pit Bull" Moving Average: 1,147.30
We have crossed over the Pit Bull to the downside and you can see from Friday's action how strong these "crossovers" can be when they first hit.

Now we will watch for an expected move up to the 1143.00 area to stall or rally above for continued bullish action. Holding below will keep us in a "Sell Rallies" mode and the next goal lower would be 1121.00.

There is a strong sense I am getting that we are going to find support in this 1143.00 area for a move higher into the summer time.

Pro Trader's Action
Today we want to focus on staying on the Buy side of the market UNLESS we get a really heavy, bearish High Five. Otherwise look to buy early drops in the market using our Trailblazer TCF setup ideally near or around the BreakDown Hour One pivot if that is the first Hour One pivot hit.

We can also look for a buy signal on an early move lower to challenge the Buy Pivot Target which corresponds to Friday's low. Watch for Trailblazer buy patterns there on a 3rd level move lower for a longer held trade for more handles.

Good luck and I'll see you in the action. Mohan