Well the entry trade that I did take, was clearly signalled by the MACD @ the Open. Trading up to $176+ pretty fast…which was where the pullback occurred, then fast up to $178′ish which was my exit point, although I bailed a little earlier.
The MACD was also pretty good for the pullback that I paper-traded in real time, although I would have been probably stopped out…I wouldn’t have sat through a $1.04/share drawdown. However, I would have tried again.
While I expected GS to be strong today, I didn’t expect such a strong move to the upside. I’ll provide tomorrows analysis a little later today.
