Ready to go long here? Maybe a small pullback before we go long.
So,,, I am trying to learn the Ichimoku Cloud. I don't want to trade it all the time but to use it as a resource in certain areas. I think I like this technical indicator. If anyone is real familiar with this indicator please chime in because I would like to learn more on the cloud. Anywho, inverted head & shoulders setting up on $SPX. Do we push even higher here?...
Maybe popping here. Coiled stochastics and turning up. #watchlist
This is one of my favorite set-ups to trade. Keep this one on your radar as it might pullback to the right shoulder then busting through the trendline.
I'd say long position due to breaking the 50MA and above the trendline as well.
Breaking the trendline and bouncing off of the fib retracement. Look for a pop in this!!