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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Friday, September 25, 2009

Market TAO Friday 9-25-09

Overnight ES remained relatively flat.
Asisa sold off a bit
Europe is up

Economic reports due 8:30 and 10 et

my plan today is to sell Spy from 105.75 up to 106.29 and Exit at or below 104.00
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my Bmo revision to plan

Es just sold down to 1047.77 and Spy will open at 104.50

sell at open spy 104.60 and exit at or below 103.40
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12:40 et
Spy trade
Exit 50% on this next pulse down from 104.30 and move stop down to 104.40
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1;26 et Spy .....pull stop down to 104.24 and consider an exit at or below 104.00
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