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InvestingScope
Sep 13, 2018 9:10 AM

Target hit. New Higher Low made. New long. Long

E-mini Nasdaq-100 FuturesCME

Description

TP = 7,640 hit as the 1D Channel Up (RSI = 50.527, MACD = 11.240) advanced towards a new High at 7,700. It has since pulled back to make a Higher Low and we think that this has been priced at 7,400. We are going long again aiming at the next potential Higher High. TP = 7,828.50. When 7,640 is crossed again, we will place the SL there to ensure the safety of a big portion of the profits.
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