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Islandboi

Nasdaq making it's way back up to upper boundary

Long
NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)  
Islandboi Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Trend Analysis Chart Patterns Technical Indicators nasdaq100 NASDAQ 100 CFD us100
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trendanalysis chartpattern indicator nasdaq100 nas100 us100
Was looking for a long but after yesterday's massive sell-off was a little hesitant. This morning when I sat down noticed some consolidation on the lower bound channel, with two touches and accumulation, along with that also noticed RSI + MACD on the one hour signaling bullish momentum.

Took a long on the open of the 7:00am candle
Comment:
Closed trade for 300 points. Was not expecting an intraday move this high on a Thursday but am always prepared to take profits. Waiting on to see what happens until Friday. Don't think the market is overbought as of yet, but we could see some consolidation before a move higher. If not will adjust
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