Sunday, 07 February 2010 19:14
Trading Entry and Exit Analysis
S&P 500
Comment
The
multi week low should be near completion. More than likely the Bullish
reversal that following with End of Wave 5 confirming end of downside
movement. Buy opportunity ahead for short term trader.
(Click the picture to open the original size)
System
ASTRONACCITM Trading System by Stocksforliving Indonesia,Ltd
Momentum
Bullish Reversal gives a good long trade signal.
Pattern
End Of Wave 5.
Price
End of Wave 5 at 1.038. Upside movement range at least end around 1.120.
Trading Advises
Go
long following bullish reversal on Intraday time frame. Use Stochastic
8,5,5 or 5,3,3 (If volatility decreasing). Long trade should be
terminated when price approaching 1.120 and watch for next signal.
Analyst Certification:
The
views expressed in this research report accurately reflect the
analyst’s personal views about any and all of the subject securities or
issuers; and no part of the research analyst’s compensation was, is,
or, will be, directly, indirectlyrelated to the specific
recommendations or views expressed in the report.
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prior written permission of Stocksforliving Indonesia,Ltd.
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Last Updated on Sunday, 07 February 2010 19:21
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