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S&P Messenger PRO Nightly Report for Feb 16, 2010

Market completes S&P Messenger’s $1093/$94 upside target, closes firm…

Last week’s market continued to confirm S&P Messenger’s forecast week of February 1 weekly market bottom. The market has advanced approximately 38 points off that low. Much higher prices remain indicated in spite of any further consolidation which may occur.

Current Contract: Dec. 2009 S&P

Daily open: $1,084.00
Daily high: $1,093.90
Daily low: $1,079.50
Daily close: $1,093.20
Daily range: $14.40

All times listed are Chicago time.

Daily Turning Points

(All turning points are accurate +/- 1 unit of time)
Daily Trend: Neutral / Up
Current Daily Turn (Low): Feb 05
Prev Daily Turn (High): Feb 03

Intraday Live Trades for 02/16/2010

Trade Completed

09:49:54 AM – Buy Limit placed at 1083.25
09:58:36 AM – Faded Entry at 1083.75
09:58:36 AM – Initial Exit at 1084.75 for Approx. Gain of $1.00
09:59:00 AM – Protective Sell Stop placed at 1082.50
10:22:40 AM – Ordinary Exit at 1085.50 for a Approx. Gain of $2.75 on Entire Position
10:43:03 AM – Aggressive Exit at 1087.50 for a Approx. Gain of $4.75 on Entire Position

Super Trades completed on 02/16/2010

Today’s Completed Forecasts/Trades



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This post first appeared on Pagetrader's Blog | Trading The Future, please read the originial post: here

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S&P Messenger PRO Nightly Report for Feb 16, 2010

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