Analysis for Thursday 19th April 2007
Emini S&P 2 Bar
Frequency: 188
Plausibility: 53.2%
Expected scenario: Market will probably trend lower but no new low is expected.
I you are still long: Move your stop loss to 1473.5
If you are still short: Move your stop loss to 1484.5. Move your profit target to 1473.5.
DAX Future 2 Bar
Frequency: 112
Plausibility: 63.4%
Expected scenario: Market will probably trend higher but no new high is expected.
I you are still long: Move your stop loss to 7289.5. Move your profit target to 7384.
If you are still short: Move your stop loss to 7384.
Euro Future 2 bar
Frequency: 11
Plausibility: 54.5%
Expected scenario: Long break out expected. Market will probably reach new high.
Trading Advice: Place a BUY MARKET order. Profit target at 12.1225. Place stop loss at 1.3589.
I you are still long: Move your stop loss to 1.3589. Move your profit target to 1.365 as a conservative setup. As a more speculative setup place your profit target at 12.1225.
If you are still short: Exit your position as a conservative setup. As a more speculative setup, hold your position and place your stop loss at 1.365
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