Fisco continua a tributar mais-valias se a herança se mantiver indivisa

[Pepe Maluco]

...admiro mais esta análise!!!

5 estrelas, apesar de muitas coisas serem um pouco imcompreensíveis...

Obrigado Dwer

[Dwer]

Market Force: Bullish/Caution. Possible BreakOut rally today but without mega bullish High 5 backing it we expect a pullback mid session from early highs.

Trade Setup Summary for Wednesday, July 28, 2004:
1)B@1086.75/S@1082.50 -4.25

2)B@1084.50/S@1081.00 -3.50

*(Unofficial extra trade beyond our daily loss limit) B@1083.00/ S@1090.00 +7.00

Recap of Wednesday's Action:
Good Morning and thank you for joining with us today.

Wednesday was a real ride with our call for lower prices coming in fast and hard early after a lower opening. With the Mega Bearish High 5 it was a tough choice to be long early and hold out but our Market Force indicators were calling for higher prices later in the session. Here are my closing Wrap Up comments from the Live Update Service and some explanation about very rare trades we will suggest after our daily loss limits are hit.

A quick note on being able to cut stop losses: I had mentioned on yesterday's briefing about having a new approach that could under some circumstances allow me to be able to cut stop losses some and get tighter re-entries. This was demonstrated on Tuesday's Live trades. To do this it is necessary to get indications from the Trailblazer Chart formations and readings. IE: the market has to trade and make TB formations that either create 3rd Level moves, stalls, or reversals. On Wednesday these TB formations were not present. The market ran lower towards 1086.00 quickly from the opening of 1091.00 in a hard, fast squash and sat on that price and slightly lower. There were no Trailblazer Crossover Up attempts at all or of extremely minute size. When this occurs we are stuck sitting in a position (in Wednesdays case...long) waiting for the market to hopefully push higher but without any proof, confirmation, or signals that it will or will not do that. Only stalled, flat line price trading. When this occurs you have to use your tight stop but give the trade room to breathe as no one knows where the bottom will come in. On our second trade long at 1084.25 the market had made a low at 1082.50 and started to sprint upwards where we got long on a small pullback. I put a very tight stop in at 1081.00 expecting/hoping the bottom was in and they went down and popped out 1081.00 which was the EXACT low on the big S&P500 cars but one tick lower at 1080.75 on the eminis. Shoot. That's S&P500 trading for you. Otherwise we would have been long and holding from there all day. I hope this explains more about how Wednesday did not offer an opportunity to cut the stops.

"Today we had a slightly lower opening of about -2.00 pts. I had talked about in the Morning Call today how we were either going to get slammed further and the Sell Mode would continue OR we would start a new more bullish period.

Well, we got the best of both worlds today. I had been posting that with the early drop the Day to Day sequencing pattern was setting up for a "surprise" rally into the close.

With the early slam to the downside hitting the Buy Pivot target around 1086-87 I wanted to buy looking for an upside breakout. We got long at 1086.75 which was very close to the Hour One low at 1086.00. Due to the close proximity of the BreakDown at 1086 I decided to hold out and see if we could find support at or very near the B/D.

They pressed harder to the downside and we let em go at 1082.50 for a -4.25 loss. After consolidation and a small bounce we got long again at 1084.50 and watched as the upside went nowhere. It was a nervous trade as we sat in our position without any confirmation of upside or solid down move but as they drifted lower and tested the lows at 1081.00 our stop was hit for a -3.50 loss.

We have a daily loss limit rule we like to stick with of around 6-7 points. I felt very strong about the buy side of the market and issued a post suggesting traders who either did not get out at 1084.50 or who wanted to be long with me again could get long under 1083.00 on an "Unofficial" new long trade.

The market had been trading below that and had hit 83.00 even tick several times after the post. I narrated the rest of the day on the long position at 1083.00 and the market finally broke out to the upside.

I had suggested getting out above 1090.00 and taking +7 points of profit which was achieved. There was an additional 8 points on the upside as the market ran up substantially creating the "surprise" no one expected ...except a few of us."

Today's Call & Briefing:
For today the Market Force indicators are suggesting that we will get an attempted Breakout to the upside today to try and reach into the 1100 handle. However, there is a Caution signal in the midst of the Bullish readings.

What this means is that we are going to be looking for any early rallies to fizzle out later in the session after stretching a bit above the Hour One high.

Watch the opening price today too as a very important Bull/Bear indicator. Prices holding above the open and especially above 1091.00 expect continued buying to come in.
If the High 5 are showing realy Mega Bullish readings then we should be able to squeeze +6 pts out of a rally above the BreakOut. After that it would be most likely a shorting opportunity depening on the numbers, the Trailblazer readings on the chart, Market Profile readings and program trading numbers.

There is a remote chance that this whole rally could be over very fast too with hard selling coming back in again. This is not necessarily expected but if we run down to the Hour One low FIRST and the High 5 is very bearish again then we may see a hard down move. I am rather expecting the later situation with an upside run first.

Value Area: 1,085.70 - 1,098.30
1098.50 was an important number I identified mid session on Wednesday and ended up being the High on Wednesday.

Now we see the top of the Value Area right at that number so it is still an important component.

Watch for this number to get taken out on a BreakOut rally attempt and possibly a stretch up towards the Sell Pivot target.

Buy Pivot Target: 1,084.75 - 1,085.75
Not expecting another run down here but the possibility is there.

We were not expecting them to go that deep yesterday and look what happened. It was very difficult trying to hold long when the High 5 were very bearish and they kept pounding the prices down without any upside trading movement to work off of.

We may see this again today.

Sell Pivot Target: 1,102.25 - 1,101.25
Watch this area and the +4.25 stop/pivot at 1106.50 to cap off an early rally unless there is some really stong High 5 readings and news to propel the market higher.

If we get a flat to lower opening and then a Breakout attempt above the Hour One high then we will be watching the correlation with this price zone area for shorting or holding long with Mega Bullish High 5.

I'll have all the working numbers live for you on our Live Update Service.

JOIN US FOR A FREE ONE WEEK TRIAL SUBSCRIPTION BY CALLING (800) 806-4801...It's Free on me and then you can check out all the additional trading information I provide each day Live.

10 Day "Pit Bull" Moving Average: 1,095.80
Here we are now sitting right on the Pit Bull. Will we Crossover and move into a new rally mode? Very strong possibility....but we also have to be cautious for today at least.

Trade that holds above this number or BLOWS THROUGH IT is very bullish. We would change our trading mindset to "Buy Drops" overall.

Pro Trader's Action
Today we are going to be on the alert for selling a BreakOut rally attempt that fizzles out later in the session.

The Market Force indicators are lined up for this to occur. If the High 5 are not very bullish then we could fizzle out hard after the rally.

You've seen the relentless selling going on.

Isn't if funny how just recently we assisted in busting some guys who were seriously propping up the market with illegal trading strategies.?

Now that things are really looking more positive with the current Democratic Convention going on and a bit of a break from the negative terror drill all of a sudden you got these relentless sellers pounding the markets.

Well, the main thing is that there is fluidity in the game again and that is what counts. As long as these paradoxes exist then we know there is FREE TRADING going on (not free trading commissions unfortunately...LOL) and that is good.

I'll look forward to seeing you in the action. Mohan