Home › Forums › Technical Index Trading & Analysis › Technical Index Trading & Analysis › Reply To: Technical Index Trading & Analysis
Just closed a DOW long from 17,256 at 17,603 for +347 points.
That trade was a tough one to enter and hold as technicals looked pretty rough but the Santa rally has surprised me so many times in the past I decided to just go for it.
Yesterday morning (22nd Dec) at 09:45 we got MACD hidden divergence on the 5 minute time frame and so many DOW rallies have been produced from hidden divergence lately I just decided to stick with it.
All in all, a nice finish to December following such a difficult start to the Month – the Whipsaw in the days either side of FOMC were really difficult to trade.
If anyone is still logging in here to have a look, then happy Christmas to you and your families.