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5 min Emini Nasdaq 100
Hi,
How is it going lately? Price is just going up and up... You might be asking the same question... is there an end to this uptrend? Are we skyrocketing to space? I can tell you with confidence that there will be a correction... When? I do not know... What I do know is to ride the trend while it lasts...
I longed 1 contract at 1709.5 when price broke out of the range... I exited at 1717 with profits of $150...
5 min Emini Nasdaq 100
Hi,
How is it going lately? You can see that moving averages are sloping up so if you are going to enter the market, it is definitely going to be a Long trade...
However, stochastics are bouncing up and down... short-term MACD are close to the zero line... it is not really a good condition to go trade at all..
No trade today..
5 min Emini Nasdaq 100
Hi,
Market is going off on a new high... However, technically speaking, you can see that candlesticks are very narrow.... no signals from short-term MACD or stochastics... There is no need to risk money unnecessarily..
No trade today...
5 min Emini Nasdaq 100
Hi,
How is it going lately? The market has been extremely difficult lately... Price gapped up today... but thereafter price continued with short bodied candlesticks...
Moving averages are almost flat... Notice that bollinger bands are narrow as well...
No trade today...
5 min Emini Nasdaq 100
Hi,
How is it going lately? Price gapped up and continued in a narrow range thereafter... Candlestick bodies are short. Do you want to risk your money in such a market? Not me!