Big divergence here on the rsi and macdh on the Dow hourly below a rising 200 moving average
Great buying opportunity, entered at 29370
Stop at the low of the long wick 29220
Expect a few hundred point move at least
Great buying opportunity, entered at 29370
Stop at the low of the long wick 29220
Expect a few hundred point move at least
Trade closed: target reached:
Nice close out yesterday at just over 29500 for a 130 point move day trade.
About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.
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