Market gapped up, strong earnings results --> gapped not closed.
5 min Emini Nasdaq 100
Hi,
How is it going lately?
Market gapped up today and with an onslaught of good market earnings results, basically, I did not expect the gap to close anytime soon... I was looking for a chance to go long. When price pulled back to the moving averages, I longed 1 contract when stochastics cut back up from oversold at 1959. I exited my position at 1966 when price hit the high established earlier, with profits of $140..