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Rod_85

Vol so high, day trading plausible

Direxion Daily Semiconductor Bull 3x Shares (AMEX:SOXL)  
Rod_85 Uppdaterad   
AMEX:SOXL   Direxion Daily Semiconductor Bull 3x Shares
Chart Patterns
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chartpattern
SOXL for a day trade
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It worked well yesterday, as it came back to fill the liquidity gap.
New gap formed between 257 and 261
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Bullish divergence showing on this time frame
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Trade is working. Adding to winners
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perhaps we'll see some oscillation between 242 and 250 before, heading upto 257-261
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Although it dipped below the stop loss level, if you were using a option, the trade would have held and this trade would be working for you. Bullish divergence is now clear. Thins week, I feel like this entire tech market and markets in general will go up. I believe the liquidity gap between 257.55 and 361.4 will get filled today. After which we might see a entrancement of the first wave (first wave of a larger (degree of first waves), which typically retrace to the 61.8%... Keep the extended markets view switched on.
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