dspark123
Long

Midas-daily profit

SP:SPX   S&P 500 Index
192 2 1
I made big profit today because I went long as I expected on previous publication.
Tomorrow is turning point day. If opening price is passing up 1654.19, chances will be going up to 1659.19, forming double top .
If opening price is falling below 1654.19, then, chances will be down trend for a while.
I will continue long as long as price is moving up over opening price because price is above 8MA, MACD is up, Stoch RSI is not yet turn down. Because of high volatility and near upper KC, I will put tight stop. Be ready to turn around to any direction. Flexibility is highly required in this zone. Good trading!
Thanks for your chart. What do you think right now?
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I will continue long because today's closing price is higher than yesterday, passing over resistance and above the 8MA, 50MA, 100 MA, 200 MA. MACD is still pointing up, Stoch RSI line is open, not closing yet. So I will go long at any pullback at 5min chart and unload at the peak of 5 min. However, now price reached overbought territory and near upper line of KC, I will be careful by raising stop loss.
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