Welcome ... Day Trade The SPY Live with Market Trader Tao

The Market Trader Tao
NeboXian's Day trading journal
is updated live during NYSE market open with observations , technical analysis and trades as they happen.
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Thursday, May 21, 2009

we retraced back to 89.20 on relative low volume and there are no big block buyers moving in ....all xl's are moving together ......so we are more than likely to be in a 89.25 to 88 .80 range ....well see in 30 min's.....iff we break above89.25 and close above the range it is time to consider to close out trade if you did nt take you profit at 88.80

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