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**

________________________________________________________

Tuesday, September 29, 2009

Pre Market TAO Tues 9-29-09

Spx 500 looks to be set up for the final leg of this 3 wave push .

Overnight Asia was a bit mixed ,,,,flat to a bit positive.

Europe is weak and the Euro Dollar is falling against the US Dollar.

Oil is down ...

I expect the market will open A bit weak down to low spx 1055-57 's and then make a move to the 1070 - 72

my plan is to buy spy down to 105.75
and exit spy 107.00 up to 107.50

No comments: