today’s data, 2010-10-14

Weekly jobless claims unexpectedly rose by 13,000 last week indicating that the tough job market is showing no signs of letting up. Economists had estimated that claims would rise by only 1,000.
A record trade deficit with China sent the total U.S. trade gap 8.8% higher to $46.35 billion in August. Imports from China grew by 6.1% while exports to the country fell slightly from July.
Producer prices rose 0.4% in September -- the third monthly increase in a row. Higher food and energy prices were primarily responsible as core inflation remained very low. Investors are eyeing inflation numbers to gauge how willing the Federal Reserve will be engage in another round of quantitative easing.

 

so bad,  news are all bad, if you don’t want take the risk, sold some to take the profit is the real good idea.

I will wait for the tomorrow, or the sign told me the uptrend is broken.

it mean uptrend is still fine

first time touch 1180, we will have a rest here, and also here is a battle point again.