Thursday, November 19, 2009

2009-11-19 stock market down.

Stock market is down, leading by Tech 1.8% SPY 1.5 and DOW 1.3. Remember, Tech was the one who lift the market in this earning season.

1. What is daily 3 hourly hourly 15 s/r and trend.
daily is up on 62, and flat for 5 and 13. support at 4800
3 hour down on 62, but up on 5 and 13 support at 4850 resist at 4900
houly is up on everything, support 4840, reisist 4990
15 is up on every thing, and 5 is just above 62, see if 13 can go up as well.
5 is up and pretty extended.


resist: 1.4940, 1.4970, 1.4990, 1.5000, 1.5020, 1.5050
support: 1.4900, 1.4880, 1.4840, 4800, 4680
2. Is there any news coming out in 30 minutes, what's trade. There is no news in the coming time.
3. today's spread:0.9
4. What's the size of today, and what's the max risk. normal size, will risk 20 pips.

Plan, short on reisist.

It showed some resist at 20 level, Had a short position at 15, now with stop at 20.

Today is
+11 pip

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