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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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Wednesday, June 10, 2009

Pre Market TAO Wednesday 6-10-09

looking to a early opening gap up ...expect gap to fill down to high 9390 then reverse to up side....the TAO is Green and i am a buyer at 94 or lower
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pre market gap up and sell off has moved back into multiday range .....if price remains below yesterday high we should see move to target buy area as the day progresses...
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2:00 et pm....I 'm in long AT 93.30 with stop below 93.00
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3:00 et pm .....Strong +900 ticks and increasing volume looking good to close....got some hurtles.......s1 @ 9405 , then volume weighted moving average @94.15 , then to pivot 9460 .... then r1 @95.17......got some selling supply at 50%fib too.
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3:46 et pm .......gona take profit here 94.10 ....nice day ...85 points.....buyers are not as aggressive as they have been on these dips........

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