2/4 Pre Market Update

2/4/11

7:06EST

Since last night; I’ve been trying to figure out;

how to write this update.

I don’t like writing these types of updates;

Meaning so extreme..

ESH11:

A strong sell on the ALL the time frames

Only reaching 1320.00 cancels out the now and immediate term sell

The sell signal indicates a bull stampede to the downside

Taking out everything until 1240.00 (1^st major stop) before continuing down

SPX:

A sell on the now, immediate and short term

No sell signal on the long term

1219.80 is the key level (to reach or not)

DJ-30:

Same as above

Silver:

Same as the ES

It must reach 30.00

In order to cancel out the strong sell signals

The ES is nearly 40% more bearish (potential down expansions) than the SPX

I had a very difficult time writing this update

Due to the fact the markets look so strong (upside)

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Comment

Comment by Master Che on February 5, 2011 at 4:29pm: If you wish I can put you on the mailing list (the first month is free)

and as such you'll be updated as such..

I'll be updating before the sunday night open

masterchetrading@gmail.com

Comment by J CHAN on February 5, 2011 at 9:41am: Where is the epicenter now? Under what circumstance does it explodes aund under what circumstance does it implodes?

Gap Up Monday. I can live with 2%.

Comment by Master Che on February 5, 2011 at 9:17am: I developed my own trading system,

based on magnetism (physics) and velocity vectors.

In accordance to volatile price action; I locate the nucleus (epicenter) of the energy (compression), and then mathematically factor price movement by time and volume; thereby projecting it’s directional (linear) out put (expansion or contraction ( positive or negative ionization) through the means of price; up and down price targets. as such the final result is always a triangle..

Comment by Master Che on February 5, 2011 at 9:16am: I developed my own trading system,

based on magnetism (physics) and velocity vectors.

I have a market update service; in addition I manage funds (private)