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.
Log in early and follow along.
Click Here
**under construction**

________________________________________________________

Friday, June 26, 2009

Market TAO Friday 6-26-09

Today looks to be a range day.....Es futures are bouncing off the 917 resistance ....Xl's are within yesterday range ....tick is neutral to slightly bullish but mixed........US Dollar gapped down at open but is gaining strength.....volume is dropping off ......
------------------------------------------------------------------------------------------------
2;45 et pm .......it's a sleeper today......lowest volume we have seen since Christmas....geees!....this narrow range will most likely explode into volatility Monday ....cant tell which way...... It will kinda be like an unattended fire hose.......until noon at least....

No comments: