Welcome to this week's "closing bull", a roundup of market news. Also here is a link to my upcoming free weekend course in Toronto June 23/24. Sign up if you can make it, we have made a few more spots available: https://howdoitradestocks.com/training/profit-power-course/
Posted by How do I trade stocks? on Friday, June 15, 2018
As the sun shines in beautiful Southern Ontario reaching temperatures into the 30’s Celcius, the market has been hotting up too. It’s not closed yet, but at the time of this writing the current Nasdaq Futures trade is turning into another monster. The chart above represents daily candles and shows the current trade entry 4 trading days ago. The trade is currently up $4,500 per contract in the Nasdaq E-mini futures (22% return in your entire bank in one trade based on our conservative risk controls). I am delighted to say the system grabbed another bottom as it has done so many times before.
If you are in it, or even the QLD ETF system, congratulations, this is setting up for a move to a new all time high in the Nasdaq and likely the S&P 500 too. So let’s see where it goes and enjoy the ride, the stop will be moving higher in the morning, so watch out for my next text alert.
Bring on the bulls!