Index Trading Signals
Last Updated July 23rd 2010
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This Index Trading Signals service is now refreshed. It will be based on example portofolios. You will see my own trades. You will find out how we can get 20-25% growth per year with monthly revenu. The service is no longer free, see ordering instructions lower.
What's new
Our August trades are now on and in the profit zone. Mail service for new trades now available.
Refreshed weekly comment
See weekly review on all markets on our weekly newsletter
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Profits since March 2007 is now 88% plus
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Weekly comment
Our august trades are now on and in the profit zone.
SP500 is now retesting the 1000 resistance level. We need a shot at 1130 and above to confirm a real up cycle. 1130 however is very tough resistance level. It is a fibonacci 61.8% retracement level measured with the high of 2007 and the low of march 2009.
When we look at the graphic we still see this downtrend started at the end of April. This is the 13rd week of down market conditions. On a late cycle start like this one we rarely see a start past mid july. Let's see this time what will happen.
Last low 1012 should not be retested for a while but it will be an important support level for the upcoming futures set back. First financial results continued to come in this past week. Most of them are upbeat and inline with expectations.
Volatility went down at 23 last friday. We need to stay under 30 and heads toward 20 to get our first cycle confirmed.
So now 1012 is now our first support and 950 on SP500 is now our second level support.
Please note that the email service is now available only for those subscribing to our trading service.
You can order our options trading service as stated above. Once you have subscribed you will get trading specifications by email plus another weekly email reevaluating the current situation.
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