Market in upswing finally, stochastics up, MACD up -> $ 360 profits
5 min Emini Nasdaq 100
Hi,
How is it going lately? The market is in a turmoil,, but at least today there is a short upturn.. It has been some time since I last went long with some confidence..
Price pulled back to the moving averages and at around 11:00 am, you can see that Stochastics and short-term MACD were already forming a pattern to cut up the signal line. I was getting ready to go long... and the rebound from the moving averages provided a good chance...
I longed 1 contract at 1864 and only exited when Stochastics cut down the overbought line at 1882 with profits of $360.