Thursday, October 15, 2009

10/15/09 US market summary


For Nasadq, short term support is 2157. Break above 2173, Nasadq would test 2190 - 2200 which may be the show stopper for this big rally from 3/2009. For $SPX, the short term support is 1086, the short term resistance is 1100.
At the blog, I mainly posted my market analysis, which could be biased sometimes. I like to allocate my most capital trade with my mechanical systems , which are motion-free and can give nice gain consistently.
From next week, I may change the content of my blog a little bit. I am considering to include the signal for each of my 3 mechanical trading systems, plus the trades folowing each system, in addtion to daily matket view.

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