Toni Hansen's Online Trading Blog

Tuesday, June 17, 2008

Chatroom Trade and Commentary Wrapup - 200817

09:48 Toni: YM and NQ also hit support levels
10:00 Toni: messy market right now
10:01 Toni: i think its because of the downside last week
10:01 Toni: market doesnt want as smooth of trends

11:05 Toni: futs at a bit of resistance here

11:35 Toni: market now coming into a bit of support but strong downside will slow corrections off support

Chart showing market posts and the bias given today:


14:37 Toni: TROW watching for a little bounce to get short for move into 60.50
14:37 Toni: 15 min 20 sma resistance
15:17 Toni: well.. got TROW bounce.. will see....



14:44 Toni: STI base at lows



14:49 Toni: market still feels bearish

15:18 Toni: market still weak....
15:18 Toni: still sloppy too

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