More of the same today...Asia and Europe are up , US Dollar weak ...Trading range is expested to be confined to the Triangle until Wed's ...... There is no way to determine which direction the market will break......I COULD MAKE GOOD ARGUMENTS FOR EITHER DIRECTION....
My plan today is to buy the SPY low retracement after the opening gap up at 108.32 and reverse position at touch of triangle upper trend line for another ride down ........ 100 point range trade.
Monday, October 26, 2009
Market TAO Monday 10-26-09
Posted by Neboxian at 9:01 AM
Labels: day trading Journal, Triangle
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